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Bitcoin is digital gold. reddit.com/r/bitcoin
"$IBIT took in more cash than any other ETF in the world over the past week. This is out of 13,227 ETFs, which includes $VOO $IVV $AGG etc. It's so hard to beat those veteran Cash Vacuum Cleaners, even for a week, especially for an infant ETF (3mo-1yr old)"
- Eric Balchunas
For context:
"$42b of BTC buying would push #Bitcoin's market cap of $1.4T to $1.5T-$1.65T given historical liquidity conditions.
Not bad, but the big picture is the "how to guide" it sets for others.
There's $110T in stocks... and this the mechanism for BTC to eat that capital quickly."
Via Willy Woo
Why won’t another cryptocurrency replace Bitcoin?
Hal Finney explains 💪
MICHAEL SAYLOR: 🟠 "I'm a single guy with no kids—when I'm gone, just like Satoshi left a million #Bitcoin to the world, I'll leave everything I've got to civilization." 👏
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BREAKING: 🟠 MicroStrategy announces plans to raise $42 billion over next 3 years to buy more #Bitcoin❗️
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JACK MALLERS: 🟠 “It’s the finite promise of death, which gives value to my life, #Bitcoin gives that finite promise to our time, and our effort and our labor. It’s impossible for someone for someone on a fiat standard to value the paycheck they’re getting right now, if there’s theoretically infinite amount of dollars.”
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JUST IN: 🟠 Reddit sold the majority of its #Bitcoin before BTC started pumping in October — SEC filing
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🚨 Reddit sold most of its Bitcoin towards the end of September 😂😂😂
📰 https://btctimes.com/reddit-sells-majority-of-bitcoin-holdings/
📣 https://x.com/btc/status/1851689506396627116
NEW: 🇺🇸 Florida Chief Financial Officer Jimmy Patronis sends letter to state board of regulators urging them to add #Bitcoin to state pension funds 🙌
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JUST IN: 🟠 Microsoft shareholders have begun voting on whether the company should invest in Bitcoin 👀
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🟠 The institutionalization of Bitcoin.
By Dylan LeClair
JUST IN: 🇺🇸 Florida's Chief Financial Officer advocates for a strategic #Bitcoin reserve, says BTC is "digital gold." 🙌
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"We don't have enemies; what we have are people that need #Bitcoin, that don't yet know why they should be our friend."
- Michael Saylor
FYI: 🇺🇸 US Space Force officer and MIT research fellow Jason Lowery's book "Softwar: A Novel Theory on Power Projection and the National Strategic Significance of #Bitcoin" has been under security and policy review by the Department of Defense 👀
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🇺🇸 Donald Trump wishes "Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper."
"We will end Kamala’s war on crypto, & Bitcoin will be MADE IN THE USA! VOTE TRUMP!"
NEW: 🟠 MSTR just issued the largest ATM equity offering in the history of capital markets.
We are living through the global monetization of bitcoin.
By Joe Burnett
NEW: 🟠 Bitcoin Difficulty is currently set to increase by at least 7.5% at the next difficulty adjustment on Monday ⚡️
This comes on top of a new all-time high for difficulty just last week!
HISTORY: 🟠 16 years ago today, Satoshi released the #Bitcoin whitepaper 🙌
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JUST IN: 🇺🇸 BlackRock’s #Bitcoin ETF has surpassed $30 billion in assets in record time.
The fastest growing ETF in history 🚀
🟠 Becoming the first NFL player to be paid in Bitcoin 🏈
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NOW: 🟠 There's $2.1 billion worth of #Bitcoin shorts to be liquidated at $74,000❗️
"No supply over $74,000. We’ll see a gap to $100,000 then a swift trip to $200,000."
- Max Keiser
Florida CFO Jimmy Patronis urges adding Bitcoin to state retirement funds for diversification, calling it "digital gold." Feasibility report due March 2025!
📰 https://btctimes.com/floridas-cfo-recommends-bitcoin-investment-for-state-retirement-funds-amid-growing-interest/
📣 https://x.com/btc/status/1851679591527481428
JUST IN: 🟠 Bitwise CIO tells Yahoo Finance: "I think we're going above $100,000 on #Bitcoin" 🚀
"I think this is the best single time to invest in Bitcoin"
🟠 Fox Business host says "El Salvador through #Bitcoin is now achieving the American dream" 🇸🇻
"We are Bitcoin country. Bitcoin is legal tender."
- Max Keiser 🙌
🟠 Just last week, Charles Schwab gave MicroStrategy the worst possible equity ranking of F 👀
Meanwhile, MSTR is up nearly 20% in the last 5 trading days.
CANTOR FITZGERALD: 🟠 “I have hundreds and hundreds of millions of dollars of exposure to Bitcoin… and it will be billions.”
- Howard Lutnick
BREAKING: 🟠 Bitcoin just reached a new ATH in the Shitcoin called Euro❗️
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