Last week was marked by significant events in the cryptocurrency world and the technology sector. A U.S. federal court ruled Donald Trump’s tariff policy illegal, and Trump Media announced the creation of a $2.5 billion bitcoin reserve.
This is reported by Finway
Key Events in the Cryptocurrency Market
Strategy continued to expand its crypto portfolio, investing $427.1 million to acquire 4,020 BTC. GameStop made its first bitcoin purchase of 4,710 BTC. Meanwhile, Trump Media and Technology Group Corp plans to create one of the largest bitcoin reserves.
“The U.S. could buy more bitcoins for a strategic reserve of digital assets,” said David Sachs, White House advisor on cryptocurrencies and artificial intelligence.
Circle, the issuer of the USDC stablecoin, filed for an IPO on the New York Stock Exchange aiming to raise up to $624 million. BlackRock plans to acquire about 10% of the company’s shares.
AI Development
Significant events occurred in the AI sector. Opera introduced a new AI browser, Neon, capable of generating websites and games. The Saudi company Humain launched a $10 billion venture fund to support AI startups in the U.S. and Europe.
Analysts predict that by 2025, energy consumption in the AI sector could exceed that of bitcoin, reaching around 23 GW. This would account for nearly half of the energy used by all data centers worldwide.
Concerns are also rising regarding the safety of cryptocurrency owners due to an increase in physical attacks known as wrench attacks. In 2023, 18 such incidents were recorded, with eight occurring just in January 2025.