According to Crypto Rover, Trump Media has officially closed its Bitcoin treasury deal, marking a significant move by a major US media entity into cryptocurrency holdings (source: Crypto Rover, Twitter, May 30, 2025). This strategic acquisition positions Trump Media as one of the growing number of publicly known companies adding Bitcoin to their balance sheets, a trend previously seen with firms like MicroStrategy. The development is expected to boost institutional confidence in Bitcoin as a treasury asset, potentially increasing demand and supporting positive price momentum in the broader crypto market.

According to Evan (@StockMKTNewz), GameStop announced this morning that it has purchased 4,710 Bitcoin, marking a significant move into cryptocurrency. $GME stock responded with a more than 6% surge in pre-market trading, indicating strong investor approval for this strategic shift. This corporate Bitcoin acquisition adds momentum to the growing trend of publicly traded companies diversifying their treasuries into crypto assets, a move that historically sets off bullish sentiment in both the equity and cryptocurrency markets. Traders should monitor $BTC price volatility and related sector stocks, as this purchase could drive increased institutional interest and influence near-term crypto market dynamics. (Source: Twitter/@StockMKTNewz, May 28, 2025)