Planet GM News
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Strategy CEO: Will sell Bitcoin only in specific circumstances, such as dividend payments or tax optimization;
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Strategy CEO: Strategy has achieved a 9.4% BTC return and $500 million in BTC profits year-to-date;
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Trader Eugene: Multiple indicators suggest the market may have already bottomed; if BTC breaks above $80,000, it could trigger a new upward trend for altcoins;
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South Korea’s Bitcoin premium has rebounded to 2%, hitting a new high since the U.S.-Iran conflict;
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The ETF Store President: Predicts that market ETFs may launch very soon;
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The CFTC and SEC are strengthening their collaborative oversight of prediction markets and may expand their enforcement scope;
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Garrett Jin deposited 108,000 ETH into Binance, valued at $250 million;
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Bank of England Governor: Stablecoin regulation could spark a regulatory tug-of-war between the U.S. and international regulators;
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South Korea plans to impose a 22% tax on virtual asset gains exceeding 2.5 million KRW, effective from January next year;
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Kelp: Will execute rsETH contract operations with Aave within the next 24 hours;
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Bitwise CEO: The fiat monetary system is “dead.”
Israeli military air strike kills 15 people in southern Lebanon
According to the Lebanese National News Agency and the Ministry of Health on the 9th, Israel launched a series of airstrikes on multiple locations in southern Lebanon that day, killing at least 15 people—including one child—and injuring several others.
Hezbollah stated that it fired rockets at Israeli military vehicles and troop assembly points along the Lebanon-Israel border that day, in response to Israel’s violation of the ceasefire agreement.
[Xinhua News Agency]
Bank of England Governor: Stablecoin Regulation Could Trigger a Battle Between the U.S. and International Regulators
Andrew Bailey, Governor of the Bank of England, stated at the Financial Imbalances Conference that if stablecoins aspire to become a significant component of the global payment system, an internationally unified regulatory standard must be established—a move that could lead to a direct confrontation with the Trump administration.
He also expressed concerns about the liquidity risks associated with certain U.S. stablecoins, noting that some products cannot be directly redeemed for U.S. dollars during crises and instead require intermediation through cryptocurrency exchanges. In the event of a stablecoin run, funds could flow toward jurisdictions such as the United Kingdom, which impose mandatory convertibility obligations.
Andrew Bailey currently serves as Chair of the Financial Stability Board (FSB) and has long maintained a cautious stance toward cryptocurrencies.
[Odaily]
The WorldCoin team transferred 30.00 million WLD, worth $8.17 million, to the BitGo custody wallet.
According to Onchain Lens monitoring, the WorldCoin team transferred 30 million WLD (worth $8.17 million) to BitGo’s custodial wallet.
The wallet currently holds a total of 153.65 million WLD, with a total value of $41.35 million.
[Foresight News]
Strategy CEO: Will only sell Bitcoin in specific circumstances such as paying dividends or tax optimization
Strategy CEO Phong Le stated that the company would only sell Bitcoin under specific circumstances, including paying the 11.5% dividend on STRC preferred shares and executing tax-deferral or tax-optimization arrangements. The company will prioritize evaluating whether selling Bitcoin or issuing new shares better enhances the “Bitcoin per share” metric, emphasizing that BTC sales will only occur if such actions deliver value-addition to common shareholders.
Previously, Michael Saylor indicated that the company “may sell some Bitcoin to pay dividends” in the future, drawing market attention.
As of now, Strategy holds 818,334 BTC, valued at over $66 billion. Phong Le believes that, given Bitcoin’s current daily trading volume of approximately $60 billion, the company’s annual dividend payouts—around $1 billion—will not meaningfully impact the market price.
[Foresight News]
South Korean cryptocurrency funds flow into the real estate market, with buyers in their 30s accounting for more than 70%.
On May 10, according to Korean media reports, the flow of cryptocurrency investment gains into the real estate market has been partially confirmed, as South Korea began separately listing proceeds from virtual asset sales in its housing financing programs this year.
Data from South Korea’s Ministry of Land, Infrastructure and Transport shows that between February 10 and March 31 this year, a total of 324 homebuyers declared using funds from cryptocurrency sales in their residential purchase funding plans. Of these, 229—70.7%—were aged 30–39.
In terms of amount, buyers aged 30–39 reported cryptocurrency-sale proceeds totaling ₩10.31 billion (approximately $7.4 million) for home purchases—the highest among all age groups. However, such cryptocurrency-sale proceeds accounted for only 0.1% of their total home purchase funding, indicating the current scale remains relatively limited.
[PANews]
CZ: U.S. competitors lobbied against his pardon request.
CZ stated in the latest episode of the Crypto Banter podcast that during the pardon request process, he was strongly opposed and lobbied against by some of his U.S. cryptocurrency centralized exchange competitors.
CZ said, “Other U.S. crypto CEXs don’t want me to get a pardon,” and said these competitors lobbied and pressured the U.S. related processes.
[Odaily星球日报]
Trump Media Group reported a net loss of $406 million in Q1, with unrealized losses on crypto assets weighing on performance.
Trump Media & Technology Group (TMTG) released its Q1 2026 financial results. The data shows that the company posted a net loss of $405.9 million for Q1, with revenue of $871,200. The loss widened year-on-year, primarily driven by unrealized losses on crypto assets.
The financial report reveals that TMTG currently holds 9,542 BTC, valued at approximately $767 million, with an average acquisition cost of approximately $118,529 per BTC. Additionally, the company holds 756.1 million CRO tokens, acquired at a cost of approximately $113.9 million, with a current fair value of approximately $53 million.
To hedge against volatility in crypto assets, TMTG also holds covered call options on 4,000 BTC, of which 2,000 BTC have already been pledged as collateral.
[Odaily]
Strategy CEO: Bitcoin will only be sold in specific circumstances, such as paying dividends or tax optimization.
Strategy CEO Phong Le stated that the company will only sell Bitcoin under specific circumstances, including paying the 11.5% dividend on STRC preferred stock and making tax deferral or tax optimization arrangements.
He stated that the company will prioritize evaluating whether selling Bitcoin or issuing stock is more beneficial for improving the “Bitcoin per share” metric, and emphasized that BTC will only be sold if the relevant operation has a value-added effect for common stock shareholders. Previously, Michael Saylor stated that the company “may sell some Bitcoin to pay dividends” in the future, which has attracted market attention.
As of now, Strategy holds 818,334 BTC, worth over $66.00 billion. Phong Le believes that with the current daily trading volume of Bitcoin at approximately $60.00 billion, the company’s annual dividend expenditure of approximately $1.00 billion will not have a significant impact on market prices.
[Cointelegraph]
Wasabi Protocol Updates on Security Incident Handling Progress: No Final User Compensation Plan Reached Yet
Wasabi Protocol released a security incident update, stating that the attacker exploited a Spring Boot Actuator configuration vulnerability in its AWS infrastructure to steal the private keys controlling EVM smart contracts and pilfer approximately $4.8 million in user funds and $900,000 in protocol treasury funds from related contracts.
The attack chain originated from a public-facing analysis server whose Actuator heap dump was not properly password-protected, enabling the attacker to obtain credentials for another server and ultimately gain control of the smart contract private keys. This incident affected only EVM deployments—including certain treasuries on Ethereum, Base, Blast, and Berachain—while Solana deployments and the Prop AMM remained unaffected.
Wasabi Protocol stated that it has not yet finalized a user compensation plan, but “ensuring all affected users receive compensation” remains the team’s top priority; investigation progress updates will be shared with the Discord community in the future.
[Odaily]
Account with over $1.96 million in losses purchased $156,000.00 worth of UFC 328 flyweight title fight Tatsuro Taira to defeat Joshua Van
Odaily Seer’s Oracle Channel monitoring shows that, in the Polymarket prediction event “UFC 328 Flyweight Championship Fight: Tatsuro Taira vs. Joshua Van”, an account with losses exceeding $1.96 million purchased $156,000 worth of “Tatsuro Taira to Win” shares at an entry price of $0.60.
Tatsuro Taira’s professional record stands at 18 wins and 1 loss; he earned his title shot after knocking out Brandon Moreno in Round 2 at UFC in December 2025. Current champion Joshua Van holds a professional record of 16 wins and 2 losses and is renowned for his high-volume striking and takedown defense. This bout was originally scheduled for UFC 327 but was postponed by one month due to Van’s injury.
Odaily Seer’s Oracle Channel continuously monitors prediction markets—spotting change before pricing.
[Odaily Seer Oracle Channel]
Strategy CEO: The company will only sell Bitcoin under specific circumstances, and the sale will not affect the market.
Strategy’s CEO says Bitcoin will only be sold in specific circumstances to pay dividends and offset taxes, emphasizing that the sales will not affect the market.
Today’s Market Pulse
The day’s dominant theme is the growing institutionalization of Bitcoin as a corporate treasury asset, coupled with an increasingly complex regulatory landscape that could reshape the crypto market’s trajectory.
Key Themes
Corporate Bitcoin Adoption Becoming Strategic Discipline
MicroStrategy’s announcement that it will only sell Bitcoin for dividends and tax optimization, combined with the company’s impressive 9.4% BTC returns and $500M profits year-to-date, establishes a new standard for corporate Bitcoin treasury management. The company’s $66B+ BTC holdings represent a significant portion of the circulating supply, creating a powerful precedent for other institutions looking to follow similar strategies. Near-term implications include potentially reduced selling pressure from major holders during market downturns and a more stable price floor as institutional adoption deepens.
Regulatory Crossroads: International Cooperation vs. Jurisdictional Competition
The Bank of England Governor’s warning that stablecoin regulation could trigger a tug-of-war between the U.S. and international regulators highlights a critical inflection point. With the CFTC and SEC strengthening their collaborative oversight of prediction markets and South Korea implementing a 22% tax on virtual asset gains, regulatory fragmentation is becoming a key risk factor. Near-term, this could create regulatory arbitrage opportunities while potentially stifling innovation in jurisdictions with more stringent requirements.
Market Structure Shifts and Sentiment Signals
The rebound in South Korea’s Bitcoin premium to 2%, a high since the U.S.-Iran conflict, combined with technical indicators suggesting a potential bottom, suggests shifting market sentiment. The prediction of ETF launches and Bitwise CEO’s bold declaration about fiat currency weakness add to the narrative of structural market changes. Near-term, breaking above the $80,000 Bitcoin level could trigger significant altcoin momentum as retail and institutional FOMO returns.
Fiat-Crypto Integration Accelerates
The flow of crypto gains into South Korea’s real estate market, particularly among younger demographics, demonstrates the practical utility of crypto wealth outside trading. Large transfers like Garrett Jin’s $250M ETH deposit to Binance and WorldCoin’s custody movements indicate continued institutional infrastructure development.
RichSilo Verdict
Smart money should monitor MicroStrategy’s dividend implementation as a potential catalyst for wider corporate Bitcoin adoption, while keeping a close watch on regulatory developments that could either accelerate or impede institutional flows. The tension between international regulatory cooperation and jurisdictional competition will likely define the next market cycle, with stablecoin regulation being a critical focal point. Potential risks include regulatory crackdowns on prediction markets and the implementation of restrictive tax policies in key markets, which could temporarily dampen sentiment but ultimately drive innovation toward more compliant solutions.
