Bitcoin Pizza Day marks a significant event in the crypto industry’s history, as it resulted in the first-ever commercial payment transaction for this digital asset. As clear as its name, it has something to do with Pizza, and someone had paid 10,000 BTC for that. Interestingly, the same 10,000 tokens are worth nearly $1 billion today. Let’s discuss the key details. Bitcoin Pizza Day Celebrates Laszlo Hanyecz’s BTC Transaction The renowned Bitcoin Pizza Day is celebrated on May 22 and will mark the 15th anniversary tomorrow. It is celebrated by crypto enthusiasts and platforms all around the world, as the programmer Laszlo Hanyecz purchased two pizzas for 10,000 BTC, fifteen years ago. Not only did he buy Pizza with a digital currency, but he also marked the first commercial usage of BTC in history. Sources reveal that, on May 22, 2010, Hanyecz utilized 10,000 BTC, equivalent to $42 at the… Read More at Coingape.com
The Pi Network community just got some exciting news — and it could mean big things for the future of Pi. A new app called Fruity Pi was recently approved by the Pi Core Team. But what’s even more interesting is who made it. The app was created by The Article 19 Group Inc., a top game and digital content developer based in Montreal.
Why Is This a Big Deal?
Because this company isn’t a small-time player. Their client list includes famous global brands like Disney, Nintendo, Adobe, Nickelodeon, MTV, Viacom, HP, and Unilever. This shows that serious, experienced developers are now stepping into the Pi Ecosystem.
Pi Network has always said it wants to build a place where developers can make games and apps that accept Pi for in-app purchases. And with a company like The Article 19 Group getting involved, that dream is starting to look very real.
Is it the Fruity Pi App or the company behind the app?
The Fruity Pi App, deployed in the Pi Ecosystem and approved by the Pi Core Team, was developed by The Article 19 Group Inc.
This could help increase the real use of Pi and possibly even raise its future value. If more big developers follow their lead, the Pi Ecosystem could grow faster than expected.
Also, with the Consensus 2025 conference coming up in Toronto, the Pi Core Team seems to be speeding up approvals for more DApps and services. Fruity Pi’s recent approval with a purple check mark is a good sign of things moving in the right direction.
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The Pi Network community just got some exciting news — and it could mean big things for the future of Pi. A new app called Fruity Pi was recently approved by the Pi Core Team. But what’s even more interesting is who made it. The app was created by The Article 19 Group Inc., a …
Strategy missed Wall Street expectations by a huge margin during the first quarter.
Saylor expects the BTC price to record a compounded annual growth rate of about 30 percent in the next two decades.
Bitcoin price rebounded above $96k for the first time since mid-February.
Strategy, formerly MicroStrategy, the leading corporate holder of Bitcoin (BTC), released its first quarter 2025 financial results on Thursday, May 1. For the three-month period that ended on March 31, Strategy added 61,497 Bitcoins, thus currency holding about 553,555 Bitcoins.
As a result, Strategy achieved a BTC Yield of 13.7 percent in the first quarter of 2025.
The company continued to capitalize on the equity markets to purchase more Bitcoins during the first quarter.
“We successfully executed our record $21 billion common stock ATM, adding 301,335 BTC to our balance sheet while simultaneously achieving a 50% increase in MSTR share price during the same period. In Q1, we also broadened our capital base with two of the most successful preferred stock IPOs in a decade,” Phong Le, President and Chief Executive Officer at Strategy noted.
Market Outlook for Strategy
During the first quarter of 2025, Strategy recorded revenue of about $111.1 million, a decline of 3.6 percent year over year. The company reported a gross profit of $77.1 million in Q1 2025, compared to $85.2 million at the same time last year.
Analysts polled by FactSet anticipated Strategy to report a GAAP loss of 11 cents per share on sales of $117 million. Meanwhile, Strategy anticipates raising $84 billion in the coming quarters to purchase more Bitcoins.
$MSTR announces BTC Yield of 13.7% and BTC $ Gain of $5.8B year-to-date, doubles capital plan to $42B equity and $42B fixed income to purchase bitcoin, and increases BTC Yield target from 15% to 25% and BTC $ Gain target from $10B to $15B for 2025. https://t.co/LgeMEd6Dr5
The company’s long-term confidence in Bitcoin has helped attract more institutional investors in the industry. As a result, Bitcoin price has gained bullish sentiment akin to Gold. In the past two weeks, Bitcoin price gained over 13 percent to trade at about $96.6k at the time of this writing.
If BTC price manages to consistently close above $96k in the coming weeks, a rally beyond $109k will be inevitable.
The post Strategy Releases Q1 Financial Results: Michael Saylor Remains a Bitcoin Maximalist and Raises 2025 Targets appeared first on Coinpedia Fintech News
Strategy missed Wall Street expectations by a huge margin during the first quarter. Saylor expects the BTC price to record a compounded annual growth rate of about 30 percent in the next two decades. Bitcoin price rebounded above $96k for the first time since mid-February. Strategy, formerly MicroStrategy, the leading corporate holder of Bitcoin (BTC), …
BTC price trades close to $95k with an expectation of $100K retest soon. Meanwhile, Norges Bank Investment Management reported Q1 loss of $40 billion on Thursday after the firm embraced “safe” US tech stocks while considering Bitcoin (BTC) as “risky.”
BTC Price Pauses Before $100K Revisit as Soverign Wealth Fund Reports $40B Loss
In the past five days, Bitcoin price has soared nearly 14% and tagged $95.6k. Although BTC has paused its ascent, it is likely to hit $100K soon if the bullish momentum continues.
Norges Bank Investment Management that manages $1,800 billion reported $40 billion loss in a Thursday filing. Eli Nagar, the CEO of Braiins Mining, pointed out the irony as the “wealth fund didn’t want to invest in Bitcoin” due to its volatility and tagged it as “too risky.”
Instead the fund invested heavily in “safe” tech equities. According to CNBC, the firms has invested 55% of its fund in United States, including tech giants like Nvidia, Alphabet, Meta, Amazon and so on.
Where is Norway’s wealth fund invested?
However, investors should note that the fund has indirect exposure to cryptocurrency markets, especially Bitcoin via companies Strategy (MicroStartegy), Coinbase, Metaplanet, and so on.
BTC Price Analysis: Is $100K Next for Bitcoin?
BTC’s value today hovers around $94,552 after closing Friday on a positive note. The four-hour chart highlights Bitcoin’s price escape from a previous value area, extending from $81k to $88.4k. This uptrend has pushed BTC price into the three-month consolidation area, stretching from $93k to $102.5k. There might be a sustained consolidation over the weekend amid Trump’s tariff pause. The push into this value area indicates that the bulls are in control, but a closer look shows they may be losing steam.
The Relative Strength Index (RSI) is in the overbought zone and has produced lower highs, diverging with BTC price’s higher highs. This nonconformity is termed bearish divergence and often leads to corrections. The same divergence can be noted on the Awesome Oscillator (AO).
However, Bitcoin price might not correct soon and could produce another higher high while the RSI & AO produce another lower high. This move will extend the bearish divergence and push BTC into a key reversal zone, extending from $97.1k to $98.1k.
Investors looking to short can expect an opportunity here. In some cases, a volatility driven spike to $100K is also possible, so traders must exercise caution in this area.
BTC/USDT 4-hour chart
While the short-to-mid term timeframe is slightly bearish, investors can expect a bullish Bitcoin price prediction with a sustained move to $102k followed by $108k if $98k to $100k is flipped.
