JUST IN: 🟠 Steak ‘n Shake buys $5 million in Bitcoin 🚀

Source: https://x.com/BitcoinMagazine/status/2016210121882325013?s=20

NEW: 🟠 Grayscale Bitcoin Mini Trust ETF ($BTC) is now available on Morgan Stanley’s platform, opening access to more than $7.4T in advisor AUM.

Source: https://x.com/BitcoinNewsCom/status/2016248251146457510?s=20

BULLISH: 🟠 🇺🇸 $2 trillion Morgan Stanley hires Head of Crypto Strategy 👀

Source: https://x.com/BitcoinJunkies/status/2016197871976972485?s=20

JUST IN: 🟠 Japanese publicly traded clothing company ANAP Holdings (3139.T) buys an additional 70.44 #Bitcoin and now holds a total of 1,417.03 BTC.

Source: https://x.com/BTCtreasuries/status/2016434014828274012?s=20

JUST IN: 🟠 Former PayPal President David Marcus says #Bitcoin should be $1.5 million 🚀

“That’s going to happen”

Source: https://x.com/BitcoinMagazine/status/2016447672148738313?s=20

📈 Steak ’n Shake added ~$5M in Bitcoin to its reserve, bringing total holdings to about $15M.

📰 https://btctimes.com/steak-n-shake-reports-5-million-increase-in-bitcoin-reserves-as-sales-rise/

📣 https://x.com/BTCTimescom/status/2016541962229158357

🇺🇸 Tether launched USA₮, a federally regulated, dollar-backed stablecoin for the U.S. market, issued by Anchorage Digital Bank and designed to operate under the GENIUS Act framework.

📰 https://btctimes.com/tether-launches-usat-as-a-federally-regulated-dollar-backed-stablecoin-for-the-u-s-market/

📣 https://x.com/BTCTimescom/status/2016548409314857077

BULLISH: 🟠 NEW: Strategy is hiring a Treasury Intern to support treasury and capital markets work, investor relations, investments, digital asset strategy, and broader corporate finance initiatives.

Source: https://x.com/BitcoinNewsCom/status/2016532038677897305?s=20

FYI: 🟠 Morgan Stanley officially hires a "Head of Digital Asset Strategy" — Bloomberg 👀

"This is a step forward" for Bitcoin & crypto 🚀

Source: https://x.com/BitcoinMagazine/status/2016278450491765146?s=20

COOL: 🇺🇸 The Bitcoin whitepaper is now displayed on the wall of the New York Stock Exchange 🔥

Source: https://x.com/SimplyBitcoin/status/2016421544847651111?s=20

BREAKING: 🇺🇸 The Federal Reserve pauses interest rate cuts and remains at 3.50 - 3.75%.

Source: https://x.com/SimplyBitcoin/status/2016587344724291831?s=20

NEW: 🟠 Strive Asset Management acquires another 333 BTC, bringing its holdings to 13,132 BTC ($1.1B) and entering the top 10 publicly traded Bitcoin holders.

Source: https://x.com/BitcoinNewsCom/status/2016592397409386674?s=20

BULLISH: 🟠 "The dread I see from bitcoiners (and the football spiking from the haters) is very short-sighted to me given that since 2022 (right before the BlackRock ETF filing) Bitcoin is up 429%, gold 177%, Silver 350%, QQQ 140%.

In other words bitcoin spanked everything so bad in '23 and '24 (which ppl seem to forget) that those other assets still haven't caught up even after having their greatest year ever and btc being in a coma.

IMO what happened was the 'institutionalization' narrative got priced in very quickly and ahead of it all actually happening. So it had to take a breather so the actual narrative could catch up to the price.

Feel better now? You're welcome."

By Eric Balchunas

“There’s a clash between hardcore bitcoiners and treasury companies… some see 2017 style pump anddumps. But if you can borrow at 10% or less and Bitcoin is CAGR-ing at 30%, there’s [clearly] a business model.”

~ Stephan Livera

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