Dorsey Asset Management Increases Stake in Strategy to Over $1 Billion

May 22 — Official sources disclosed that Cathie Wood’s asset management firm Ark Invest purchased $5 million worth of Bullish (BLSH) stock on Thursday, marking the fourth consecutive trading day it has boosted its stake in the cryptocurrency group. Based on closing prices, Ark has amassed $12.5 million in total BLSH holdings since the start of this week. On Thursday, BLSH shares closed at $35.96, a slight 0.2% decline. The stock has tumbled more than 17% over the past two weeks.

May 22: Binance will delay the listing of spot trading for Genius Terminal (GENIUS) and OpenGradient (OPG), per official sources.

May 22 | Per Hyperinsight monitoring (via https://t.me/HyperInsight), addresses are using Time-Weighted Average Price (TWAP) to place batch buy orders on Hyperliquid. Among open orders, five major whale accounts are each planning to buy more than 10,000 HYPE tokens, totaling over 182,000 HYPE tokens – equivalent to roughly $10.8 million. A portion of these buy orders has already been partially executed. As of press time, net buying pressure for HYPE amounts to $6.7 million over the next 24 hours, and $1.45 million in the next hour. Additionally, the HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram community, grant it administrator status with message-sending permissions enabled, and it will automatically sync on-chain information.

Perp volume on #Tron is growing fast. Over the past week, #Tron's perp trading volume rose 20.44% to $1.206B.

May 22, per HTX market data, Ondo Finance’s native token ONDO — a leading project in the Real World Assets (RWA) sector — experienced a sharp short-term surge of 7.3% to hit a high of $0.44 before pulling back to $0.427. The token has also rallied 29% from its recent low over the past five days. This sudden price jump followed news that China’s Securities Regulatory Commission (CSRC) is cracking down on illegal activities, including unregulated cross-border operations by wirehouses. Per HyperInsight’s monitoring, a Hyperliquid trader opened a long position on ONDO six days ago, allocating $68,000 in capital when the token traded at roughly $0.36. As of press time, that position holds $117,000 in unrealized gains, amounting to a 173% return. Wallet Address: 0xd28e005c992b168d0b20fca312958e105bb260ab

On May 22, media reports stated that China’s Securities Regulatory Commission (CSRC) and Hong Kong’s Securities and Futures Commission (SFC) have each issued separate notices updating guidance on cross-border securities and futures fund management activities for mainland Chinese investors. In response, Futu noted these new guidelines represent uniform requirements for the entire industry, and the firm will steadily carry out relevant compliance work strictly in line with regulatory rules. Futu added that it has fully halted new account openings for mainland Chinese applicants, and has been continuously fighting against fraudulent account creation, rejecting tens of thousands of non-compliant account applications over the past two years. The company has always actively communicated with regulatory authorities and followed their rectification demands. As of the end of the first quarter of 2026, the share of mainland Chinese asset customers in its total group-wide asset customer base has