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U.S. Senator Cynthia Lummis revealed the Trump administration's support for the Bitcoin (BTC) acquisition bill during her speech at the Bitcoin 2025 Conference on the 27th. She explained that the Trump administration is sequentially reviewing stablecoin, cryptocurrency market structure, and the bill for the U.S. government's strategic asset acquisition of Bitcoin, with the bill expected to be announced in the coming weeks.
2. Trump Media Group Raises 3.44 Trillion Won in Cryptocurrency Contrary to Claims
Trump Media and Technology Group (TMTG), owned by former President Trump, has begun raising funds of $2.5 billion (approximately 3.44 trillion won) for cryptocurrency purchases, contrary to their previous claims. On the 27th, TMTG announced that it would sell $1.5 billion in company stocks and issue $1 billion in convertible bonds to purchase cryptocurrencies, including Bitcoin. Previously, TMTG had stated that the Financial Times (FT) report about raising $3 billion for cryptocurrency purchases was merely an absurd rumor.
3. CoinGlass: "Bitcoin Short Liquidation of 9.5781 Trillion Won if Surpassing $115,000"
On-chain analysis platform CoinGlass pointed out the possibility of additional price surge due to large-scale liquidation in the Bitcoin futures market. In a report released on the 27th, CoinGlass explained that if Bitcoin surpasses $115,000, approximately $7 billion in short positions could be liquidated, which could cause further Bitcoin price increases.
4. BlackRock Increases Bitcoin Spot ETF Portfolio by 25% Compared to Last Year
According to the report submitted to the U.S. Securities and Exchange Commission (SEC) on the 27th, BlackRock held approximately 2.1 million shares of the Bitcoin spot ETF 'IBIT' in 2025. BlackRock previously reported holding 1.69 million IBIT shares last year.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
