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Bitcoin is digital gold. reddit.com/r/bitcoin
🚀 MARA acquires $1.5B in Bitcoin, boosting reserves to 44,394 BTC worth $4.45B, funded by convertible notes. 🚀
📰 https://btctimes.com/mara-acquires-1-5-billion-in-bitcoin-through-convertible-notes/
📣 https://x.com/btc/status/1869838073254608941
MICHAEL SAYLOR: 🟠 The first nation to print their own currency to buy Bitcoin wins.
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JOE CONSORTI: 🟠 "Bitcoin is still tracking global M2 with a ~70-day lag.
Two scenarios: dislocate from global M2 thanks to BTC-native buy side, or continue following it into a deep mid-cycle correction.
Grab your popcorn 🍿"
JUST IN: 🇺🇸 Micheal Saylor says he'd be willing to advise President-elect Donald Trump on Bitcoin 🔥
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JUST IN: 🇺🇸 Federal Reserve cuts interest rates by 25 bps to 4.25-4.50%❗️
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NEW: 🇺🇸 BlackRock's gold ETF took 20 years to reach $33 billion AUM; it took their Bitcoin ETF less than a year.
The fastest growing ETFs in history 🙌
NEW: 🟠 BlackRock, with $11.5 trillion under management, puts out this video just a week after recommending a 2% allocation to Bitcoin 👀
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JUST IN: 🇭🇰 Hong Kong SFC approves and lists 4 new #Bitcoin and crypto trading platforms.
China is getting prepared 🙌
NEW: 🇫🇷 French representative to the 🇪🇺 European Parliament, Sarah Knafo, makes impassioned speech against CBDC’s and in favor of a Bitcoin Strategic Reserve 🙌
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FACT: 🟠 Global #Bitcoin ETFs now hold over 1.3 million $BTC 👀
They now control ~5.5% of the total supply—in less than 12 months
NEW: 🟠 Bitcoin wiped out the shorts then took out the longs. Brutal.
Yet another reminder not to trade your Bitcoin away.
JUST IN: 🇺🇸 Anti-Bitcoin SEC Commissioner Caroline Crenshaw "will not be renominated to her position" after Senate Banking Committee cancels vote — Fox Business Eleanor Terrett
Crenshaw voted against approving spot #Bitcoin ETFs.
JUST IN: 🟠 Metaplanet has issued ¥4.5b ($29m) in bonds to accelerate $BTC purchases originally slated for 2025 🙌
Issued ahead of the 12th Series moving strike warrants exercise, the bonds will be redeemed with the warrant proceeds. An additional option of ¥5b ($32m) of bonds can be issued.
By Dylan LeClair
NEW: 🟠 VanEck says it’s possible for BTC to skyrocket and hit 7 figures in the next 2 years with nation state FOMO for a Strategic Bitcoin Reserve 🚀
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JEFF BOOTH: 🟠 “If you try to co-opt Bitcoin, you’re the one that gets wiped out.”
“We are not going to allow someone with an economic interest or power to destroy a decentralized and secure protocol.”
JUST IN: 🇺🇸 Trump calls for abolishing the debt ceiling❗️
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JUST IN: 🇯🇵 Japanese public company Metaplanet which holds a Strategic Bitcoin Reserve is set to trade in US markets 🇺🇸
They currently HODL 1,142.29 BTC
JUST IN: 🇳🇱 Open letter to the Dutch government regarding the establishment of a National Bitcoin reserve.
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NEW: 🇨🇳 Cango Inc, a Chinese NYSE-listed auto trading platform, makes a drastic shift and quietly becomes a top Bitcoin miner ⚡️
It bought 32 EH/s of Antminer ASICs for $256M and may add 18 EH/s of on the shelf miners, which would match MARA’s self-mining hashrate at 50 EH/s
JUST IN: 🇺🇸 Ohio State Representative Derek Merrin files legislation to create the Ohio Bitcoin Reserve within the state treasury 👀
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NEW: 🇩🇪 German Parliament member Joana Cotar says, “the basic problem that we have in the world is the money printing system.” 🔥
“You don’t have inflation with #Bitcoin… you’re taking away the power from the politicians, you’re taking away the power from the banks.”
NEW: 🇵🇸 Fadi Elsalameen explains how #Bitcoin is helping save lives in Palestine and other countries.
“Bitcoin could be one day the main currency and the only currency because right now there is no central bank, we do not have a currency of our own.”
Mt. Gox moves $172M (1,619 BTC) to unknown wallets as Bitcoin hits $108K. Mt. Gox still holds 37,700 BTC (~$4B). Market remains stable. 🚀
📰 https://btctimes.com/mt-gox-transfers-172m-in-bitcoin-to-new-wallets/
📣 https://x.com/btc/status/1869142462356234336
JUST IN: 🇺🇸 Bitcoin Policy Institute drafts Executive Order for a Strategic Bitcoin Reserve for President Trump❗️
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FUN FACT: 🟠 Bitcoin is up 67% since Christopher Pan got booed at the Ohio State University 2024 Spring Commencement
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LOL: 🟠 Next time someone says MicroStrategy is a Ponzi, play them this Saylor Thug Life Mic Drop moment 👀
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🟠 Michael Saylor says there is no limit to how much #Bitcoin MicroStrategy will buy and says “it’s always a good investment to invest in the economic capital of the free world.” 🔥
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🟠 Bitcoin should continue pumping through next year, based on historical trends 👀
How high will BTC rise in 2025? 🚀