๐ช Sats Per Share - 03/27/2025

๐๏ธ Trump's Bitcoin Reserve: Not Quite Fort Knox
The headlines might be big, but the numbers tell a different story. President Trump's executive order establishing a Strategic Bitcoin Reserve has fallen short of crypto enthusiasts' dreams. For perspective: the total value of US government-held gold (around $11 billion) is actually less than what several individual Bitcoin ETFs currently manage. The plan mainly involves consolidating already-confiscated cryptocurrency rather than making new purchases.
๐ฎ GameStop Joins the Bitcoin Treasury Club
Following the government's lead but taking more decisive action, GameStop's board has approved adding Bitcoin to its treasury reserves. The gaming retailer reported strong Q4 profits ($131.3 million), despite revenue challenges. While the Bitcoin purchase amount remains unspecified, the move mirrors MicroStrategy's successful strategy.
๐ฆ Oklahoma Says "OK" to Crypto
While the feds are taking baby steps, Oklahoma's making bold moves. The state house just passed the "Strategic Bitcoin Reserve Act", allowing the state treasurer to invest up to 5% of key funds in Bitcoin and other major cryptocurrencies. State pension systems could also join the crypto party - talk about progressive fiscal policy!
๐ญ The Expert Take: Saylor's $100T Vision
MicroStrategy's Michael Saylor is thinking bigger - much bigger. In a recent analysis, he argues for a U.S. Strategic Bitcoin Reserve, suggesting Bitcoin could reach a $100 trillion market cap. His vision? Bitcoin as a cornerstone of national security and dollar stability, integrated with AI and blockchain technology.
โ๏ธ The Double-Edged Sword of Government Bitcoin
Not everyone's celebrating. Critics warn that government Bitcoin reserves could undermine cryptocurrency's decentralized nature. Large-scale government holdings might drive up prices and spark a global "mining arms race," potentially concentrating power in nations with cheap energy resources.
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Nothing here is financial advice. Invest at your own risk.
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