MicroStrategy, led by Michael Saylor, announced the purchase of an additional 5,200 BTC worth $56.1 million (about 815 billion won) on May 23, and was simultaneously added to the Nasdaq 100 index. According to documents filed by MicroStrategy with the U.S. Securities and Exchange Commission (SEC) on May 23, the company sold 130,000 of its own shares last week and used the proceeds to purchase 5,200 BTC. Meanwhile, MicroStrategy was included in the Nasdaq 100, a list of non-financial companies on the Nasdaq.
2. WSJ "Quantum Computers Could Threaten Bitcoin Security"
The Wall Street Journal (WSJ) reported on May 23 that the development of quantum computers could threaten the security of Bitcoin, and potentially pose a major threat to the entire blockchain industry. According to the WSJ report, quantum computers could decode Bitcoin private keys in a matter of minutes, undermining the security of the Bitcoin network, and potentially causing $3 trillion (about 435.8 trillion won) in losses to the global financial market.
3. Crypto.com Launches Institutional Custody Service in the U.S.
Cryptocurrency exchange Crypto.com announced on May 23 that it has launched a cryptocurrency custody service for U.S. institutions. Crypto.com said it has established Crypto.com Custody Trust Company in the U.S. to provide cryptocurrency custody services to U.S. institutions and high-net-worth individuals.
4. Japan's Metaps, Purchases 620 BTC - Its Largest Bitcoin Purchase
Metaps, the "Japanese MicroStrategy," invested 9.5 billion yen (about 878 billion won) on May 23 to acquire approximately 620 BTC. Metaps announced through its official X account that it purchased around 620 BTC at an average price of 15.33 million yen (about 141.68 million won). Metaps' total BTC holdings now stand at around 1,761 BTC, with an average purchase price of about 11.85 million yen (about 109.52 million won).