GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin, according to a statement posted May 28 on the company’s X account.

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Trump Media and Technology Group (DJT), the publicly-traded company that operates the social media site Truth Social, announced on Tuesday a $2.5 billion capital raise to create a bitcoin treasury.

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Some prominent financial crypto commentators and investment analysts are predicting a long-term Bitcoin rally that may send the asset’s price above $1.5 million before the end of the decade, driven by rising inflation and mounting global debt.

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Tom Lee, co-founder, managing partner, and head of research at Fundstrat Global Advisors, anticipates a bright trajectory for bitcoin as adoption continues to widen. “You know gold, if it’s a $23 to $30 trillion asset, that means bitcoin should be, at least a million, [to a] million and half dollars.”

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Well-known Hyperliquid crypto trader James Wynn has increased his 40x leverage long Bitcoin bet to $1.25 billion after closing his $PEPE position for a $25.2 million profit.

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According to CoinGlass data, the Bitcoin call option with a $300,000 strike price expiring on June 27th currently holds the highest open interest across all BTC options contracts. Despite the long shot, the BTC price rising to $300k or more by June 27th is currently the most heavily backed bet in the options market.

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Bitcoin just hit a new all-time high of $111,904 per coin and on track to 10x from here sending the bitcoin price parabolic to $1.1 million per BTC this cycle.

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Bitcoin just achieved a new all-time high hitting $111,900 and is currently in price discovery mode. Crypto analyst Fred Krueger is predicting that a failed $200B Treasury auction will spark a dollar collapse and see Bitcoin surge to $600,000 per coin.

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Max Keiser predicts $2.2 Million Bitcoin in Play as BTC is the ultimate safe haven asset. “This slow motion train wreck - the pin popping the global Ponzi scheme - has taken 20 yrs to finally burst. The ‘Yen Carry Trade’ (look it up) has provided liquidity to keep 2 quadrillion worth of derivatives afloat and now it’s unwinding. Is this the finale of the 4th Turning? A global BONDPOCALYPSE ushering in DEPRESSION 2.0. The ultimate safe haven BITCOIN $2,200,000 in play.”

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Panama City is on the verge of taking an important step in becoming a bitcoin pioneer. The mayor of Panama City, Mayer Mizrachi, has awoken speculation from part of the crypto community, with a cryptic post after meeting known bitcoin proponents Max Keiser and Stacy Herbert. Mizrachi assessed that this meeting was “only the beginning of great things to come,” after posting “Bitcoin Reserve” earlier. Keiser also referred to the meeting, stressing that the city might be gearing up to employ its hydroelectric resources to mine bitcoin. “El Salvador’s geothermal & Panama’s hydro-electric will power the Bitcoin revolution,” Max Keiser highlighted.

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