🪙 Sats Per Share - 04/10/2025
🏛️ White House Crypto Countdown: Federal Agencies Report Holdings Today
The race is on as federal agencies scramble to report their Bitcoin and crypto holdings to Treasury Secretary Scott Bessent by today. This follows President Trump's March executive order establishing both a Strategic Bitcoin Reserve and Digital Asset Stockpile. While the government already holds roughly 198,012 BTC (~$16B), today's reports might stay under wraps – the order doesn't require public disclosure.
🌍 Bhutan's Bitcoin Move Raises Eyebrows
The Kingdom of Bhutan is making waves with a fresh $34.51M Bitcoin transfer, hot on the heels of last week's $144.57M movement. As the fourth-largest national holder of Bitcoin (behind El Salvador), Bhutan's position represents a whopping 31% of its GDP. While markets haven't flinched, the timing is interesting given the US's emerging strategic reserve plans.
🔒 Privacy Concerns Mount for US Strategic Reserve
As the US eyes its crypto strategic reserve, experts are raising red flags about security. A new opinion piece advocates for enhanced privacy measures, suggesting "send to name" technology and dynamic transaction verification to protect against sophisticated attacks. With AI-driven financial agents in the mix, the stakes for robust security have never been higher.
🏪 States Jump on the Bitcoin Bandwagon
Not waiting for federal guidance, Alabama and Minnesota are making bold moves into Bitcoin. Alabama's playing it cool with indirect legislation, while Minnesota's going all-in with their "Minnesota Bitcoin Act." Both approaches signal growing state-level interest in crypto integration.
🎮 GameStop and Saylor: Big Moves in a Volatile Market
While Michael Saylor boldly predicts a $1M Bitcoin future, GameStop's Ryan Cohen is putting money where his mouth is. Cohen's $10.78M GME share purchase follows the company's $1.5B capital raise and plans to add Bitcoin to their treasury.
🏢 Institutional Bitcoin Shopping Spree
The smart money's moving: Tether added 8,888 BTC in Q1, while BlackRock scooped up $66M worth during the recent market dip. Meanwhile, on-chain data shows Grayscale, Fidelity, and Ark Invest collectively acquired over 2,099 BTC.
Want to stay ahead of the crypto curve? Share this newsletter with your network and tell them to subscribe at satspershare.xyz for professional-grade crypto insights delivered to their inbox.
Nothing here is financial advice. Invest at your own risk.
🪶 Brought to you by MetaQuill. We deliver newsletters worth opening.
