Bitcoin Mag.

Look into who has money in Metaplanet.

Then you will understand why you keep hearing about this random company buying #Bitcoin.

UPDATE: The U.S. Government has split the $2B Bitcoin into two addresses:

10,000 BTC ($669.35M): bc1qlap8hkt9genaljz5nt2zlehhudx63zlahr2zek

19,800 BTC ($1.33B): bc1qngydl7hmgdtmuqjmtsyj3pcwszv0yn5mj6kz4c

This represents a 10,000 BTC deposit to an institutional custody/service.

#Bitcoin #Nostr

I stick with self-custodied BTC because I don't trust the stock custodians.

Fully realize MSTR may have more upside, but I'm concerned about a "Great Taking" scenario this decade.

RFK Jr sounds like a real Bitcoiner tbh

I just love all the game theories playing out around this asset class

Yo

That was a good fucking speech wow #Bitcoin #RFK

SIX HUNDRED PERSON SOLD OUT CROWD FOR RABBIT HOLE RECAP.

RIDE OR DIE. 🫡

Has anyone looked into $SMLR?

Semlar Scientific - the latest public company to add #bitcoin to their treasury

Before going further I should clarify that owning bitcoin in self custody is always going to be your best option

But for money trapped in the system...

Semlar has a medical patent that is a cash cow.

-Their cash reserves have doubled in the last 3 years (22 million in 2020, 57 million in 2023)

-Their income has doubled in the last 3 years (35 million in 2020, 61 million in 2023)

-They have almost zero debt (6 million total at Dec 31 2023)

They are buying bitcoin and will continue buying bitcoin with the insane amount of cash they're bringing in.

I mean just look at their results (PRE BITCOIN STRATEGY:

Unpopular opinion: in an age of unaffordable dining, we need a massive resurgence of cheese-ball chain restaurants. I’m talking about Applebees. It’s the last decent and affordable American dining experience, especially if you are a young family with kids. Dining out these days is a scam. With these chains you know what you’re getting. Consistency. Decent prices. Maybe even some Creed over the house speakers as you drink a cold Brutus. We must protect the remaining chains. Maybe Applebees should go on a Bitcoin standard? Support your local ‘Bees. #applebees #bitcoin #brutus #halfoffapps #twofortwenty #creed #buttrock #inflation #restaurant #family #wings #unpopularopinion

nostr:note1rj9l5c2pfqsfdug6wepzdacjamtfy7zejxx3fv3upt8jstawzgeqju67vm

If mount gox is distributing $9 billion worth of BTC, and there are are106 million hodlers (source Google) that means every current owner would only have to stack $84 for all of the coins to be absorbed. Maybe not all owners are still stacking for whatever reason, so let's cut it in half. So 50 million hodlers would absorb this "new supply," at about $184 or 279,190 sats worth of BTC per person/wallet.