Lookonchain reported that Trump Media, which runs Truth Social and is majority owned by the Donald J. Trump Revocable Trust, deposited 2,650 BTC (about $205 million) to Crypto.com on May 22, 2026. The firm previously bought 11,542 BTC for $1.37 billion at an average cost of $118,522, while BTC was near $120,000, and its remaining stash was cited at roughly $455 million as BTC traded below $78,000.

About 20,500 Bitcoin options are due to expire on Friday, May 22, representing roughly $1.5 billion in notional value. The batch carries a 0.69 put/call ratio and a max-pain level near $79,000, while broader crypto market cap slipped to $2.67 trillion and BTC dipped to an intraday low of $76,750 after failing at $78,000.

Foundation, a Boston-based bitcoin hardware wallet maker, closed a $6.4 million funding round led by Fulgur Ventures to broaden its security stack into identity, multi-factor authentication, and AI agent authorization. The company also made Passport Prime generally available starting at $349 after beginning shipments to pre-order customers in March 2026. Foundation said it plans to launch a KeyOS app store for all users by the end of Q2 2026.

US lawmakers introduced a bipartisan ARMA bill on Thursday to formalize a Strategic Bitcoin Reserve and a separate digital asset stockpile under the US Treasury. The proposal would aim to acquire up to 1 million Bitcoin over five years via budget-neutral strategies and would require BTC to be held for at least 20 years unless sold to reduce the national debt, which topped $39 trillion on Wednesday.

Bitcoin options markets are focusing heavily on the $82,000 strike as the May 29 expiry approaches, with nearly $6 billion in contracts set to roll off. Positioning is skewed toward calls, a setup that could amplify volatility and, via dealer hedging dynamics, add upward momentum if spot prices move closer to $82,000.

Nakamoto is moving to a 1-for-40 reverse stock split effective May 22, 2026, after Nasdaq flagged its shares for trading under $1 for 30 consecutive sessions and set a June 8 compliance deadline. The company also disclosed it sold 284 Bitcoin on March 31 to fund operations, while reporting a Q1 net loss of $238 million amid a 20% quarterly drop in Bitcoin’s price.

Bitcoin has been trading in a tight $76,000–$78,500 consolidation zone, around 38% below its all-time high. A CryptoQuant report says miners still appear cautious, with Binance Pool Miner Reserve trending down while the Miners' Position Index stays negative, suggesting selling is ongoing but not panic-like. Bitcoin was last noted at $77,763, down almost 5% after failing to hold above $83,000 during last week's rally.

Bitcoin rebounded toward $78,000 but failed to hold the move as the Coinbase Premium Index stayed in negative territory. The metric, which compares BTC prices on Coinbase versus Binance, suggests comparatively stronger selling from U.S.-leaning Coinbase flows, with the index recently around -0.098. After the pullback, BTC was back near $77,300.