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JUST IN: πŸ‡¦πŸ‡ͺ Abu Dhabi sovereign wealth fund Mubadala reported owning $630.6 million of BlackRock's spot #Bitcoin ETF πŸ”₯

Source: https://x.com/BitcoinMagazine/status/2023814712182665234?s=20
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INSIGHT: πŸ‡―πŸ‡΅ Metaplanet's shareholder base expanded from 10.9K β†’ 216.5K in two years as its #Bitcoin treasury strategy scaled.

That's nearly 20Γ— increase in shareholder participation.

Source: https://x.com/BitcoinForCorps/status/2023416598405779787?s=20
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NEW: πŸ‡§πŸ‡· Brazilian lawmakers reintroduces the RESBit (Strategic Sovereign Bitcoin Reserve) bill, which would allow the state to acquire 1M Bitcoin over five years.

Source: https://x.com/BitcoinNewsCom/status/2023390406243672239?s=20
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FYI: 🟠 The next Bitcoin mining difficulty adjustment is set to be one of the biggest mining difficulty increases in over 10+ years.

And that marks the end of the 3-month miner capitulation.

Source: https://x.com/btcjvs/status/2022940744944881788?s=20
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LYN ALDEN: 🟠 Bitcoin is trading like a risk on asset, but has risk off properties.

The longer term use case for BTC is that it’s the main protocol for digital money.

It’s got the network effect and the security, but it takes time to grow and get large.

Source: https://x.com/BitcoinNewsCom/status/2021970273168404976?s=20
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FYI: 🟠 Bitcoin on track to mark its worst Q1 since 2018.

Source: https://x.com/BitcoinNewsCom/status/2023434194387701846?s=20
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FUN FACT: 🟠 Over 95% of Bitcoin's 21 million total supply has been mined, leaving only 1,009,606 BTC left to be mined.

Digital scarcity at its finest.

Source: https://x.com/BitcoinMagazine/status/2023422361622765616?s=20
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JUST IN: πŸ‡ΊπŸ‡Έ Arizona’s strategic Bitcoin and crypto reserve fund bill passes the Senate Finance Committee and heads to the Rules Committee.

BULLISH πŸš€

Source: https://x.com/BitcoinMagazine/status/2024114604175982605?s=20
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JUST IN: 🟠 $123 billion U.S. Virginia State Retirement Fund increased its position in #Bitcoin treasury company Strategy $MSTR by 7,180 to 31,880 shares ($4.1 million).

Source: https://x.com/BTCtreasuries/status/2023921761407099007?s=20
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EPIC: 🟠 A solo miner running a node just found aBitcoin block.

~$212,000 in rewards and fees.

No venture funding.
No industrial farm.

Just sovereignty and a bit of luck.

Source: https://x.com/SimplyBitcoin/status/2024134570992447829?s=20
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JUST IN: πŸ‡ΊπŸ‡Έ President Trump's son Eric says "I've never been more bullish on bitcoin in my life."

"I do think it hits $1 million...You're going to have volatility with something that has tremendous upside" πŸš€

Source: https://x.com/BitcoinMagazine/status/2024164778030112887?s=20
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JUST IN: πŸ‡¦πŸ‡ͺ Abu Dhabi Investment Council says it is building an allocation to Bitcoin because it is "a store of value similar to gold" β€” Bloomberg

Source: https://x.com/BitcoinMagazine/status/2024154791404769463?s=20
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DATA: 🟠 Largest new IBIT holder: Laurore Ltd. $436 million. Single holding. No website, no press, no footprint.

HK-based. Filer named Zhang Hui, the Chinese equivalent of John Smith.

Chinese investors can't hold Bitcoin. But they can hold a BlackRock ETF.

h/t @dgt10011

Source: https://x.com/TFTC21/status/2024134489786523719?s=20
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BULLISH: 🟠 Michael Saylor says this Bitcoin winter will be shorter than previous ones, and will "be followed by spring and then a glorious summer" πŸš€

Source: https://x.com/BitcoinMagazine/status/2023872625781649470?s=20
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AMAZING: 🟠 "Bitcoin wastes energy!"

In Finland, Bitcoin mining is actually replacing oil and gas heating.

I investigated these secretive projects... and I was amazed.

Not only do miners warm these snowy towns but they also balance the energy grid 🀯

Watch and see for yourself.

Source: https://x.com/JoeNakamoto/status/2023476374372237488?s=20
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JUST IN: 🟠 UAE has so far mined $453.6M Bitcoin through their partners Citadel, per Arkham

Source: https://x.com/bitcoinmagazine/status/2024425016339693936?
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JUST IN: πŸ‡ΊπŸ‡Έ Odds of Bitcoin and crypto market structure legislation being signed into law this year spike to 71%, according to Polymarket πŸ‘€

Source: https://x.com/bitcoinmagazine/status/2024270067458797787?
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JUST IN: πŸ‡ΊπŸ‡Έ CME Group to launch 24/7 crypto futures and options trading on May 29 πŸš€

Source: https://x.com/BitcoinMagazine/status/2024481655805632736?s=20
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