From Cointelegraph

June 1, 2025 3:08 pm:

Strategy co-founder Michael Saylor announces upcoming Bitcoin acquisition by the company, marking eight weeks of consecutive purchases. Recent acquisition of 4,020 BTC valued at $427 million brings total holdings to 580,250 BTC. Strategy now holds more BTC than US and Chinese governments combined. Institutional buying may trigger supply shock, boosting BTC prices. Debate arises over Strategy’s lack of proof of reserves audits. Saylor defends decision, citing risks of audits for large enterprises. Lack of transparency in public blockchains poses challenges for institutions.

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1. Bitcoin reaches new all-time high, surpassing $60,000 for the first time. The cryptocurrency has seen a 100% increase in value in 2021 alone, as institutional investors continue to show interest in the digital asset.

2. Ethereum hits record high of $2,000, marking a significant milestone for the second-largest cryptocurrency by market cap. The price surge comes amidst growing adoption of the Ethereum blockchain for decentralized finance (DeFi) applications.

3. Tesla announces it now accepts Bitcoin as payment for its electric vehicles, causing a spike in the cryptocurrency’s price. CEO Elon Musk has been a vocal supporter of Bitcoin and has invested $1.5 billion in the digital currency through Tesla.

4. NFT sales hit $342 million in February, with top digital art platform Beeple selling a piece for $6.6 million. Non-fungible tokens (NFTs) continue to gain popularity among artists and collectors, with unique digital assets fetching high prices in the market.: Strategy signals another Bitcoin buy on June 2