🪙 Sats Per Share - 05/29/2025
🏛️ U.S. Government's Bold Bitcoin Play Takes Shape
Following President Trump's groundbreaking executive order, the U.S. is crafting plans for a national Bitcoin Strategic Reserve. Senator Cynthia Lummis's BITCOIN Act of 2024 proposes acquiring 1 million BTC over five years—roughly 5% of the world's supply. The Treasury Department will manage this reserve, initially funded through seized assets and "budget-neutral" methods.
🏢 Trump Media's $2.5B Bitcoin Bet
In a bold corporate move, Trump Media & Technology Group is raising $2.5 billion to establish its own Bitcoin treasury. The deal includes $1.5 billion in stock and $1 billion in convertible debt, though shares dipped 8.3% on dilution concerns.
⚡ Mining Giants Push for Government Action
Marathon Digital's CEO Fred Thiel has a novel suggestion: the U.S. should mine its own Bitcoin using excess hydropower to fill the strategic reserve. Meanwhile, VanEck's Matthew Sigel advocates for Congressional legislation over executive orders, proposing tax credits for miners using methane gas.
🌟 Texas Leads State-Level Crypto Revolution
The Lone Star State is making history with Senate Bill 21, establishing a state-managed crypto reserve. With Governor Abbott's likely support, Texas joins New Hampshire and Arizona in the state-level Bitcoin reserve movement. The bill passed with a commanding 105-23 vote, requiring investments in cryptocurrencies with market caps exceeding $500 billion.
🌍 Global Bitcoin Reserve Race Heats Up
The movement is going global. Pakistan has announced its first Strategic Bitcoin Reserve, allocating 2,000 megawatts for mining operations. Meanwhile, BRICS nations are reportedly accumulating Bitcoin, while Switzerland considers adding it to reserves.
📈 Supply Squeeze Drives Bitcoin to New Heights
As institutional demand outpaces mining output, Bitcoin has surged past $111,000. With institutions projected to invest $130 billion by year-end and government reserves accumulating, the supply crunch shows no signs of easing.
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Nothing here is financial advice. Invest at your own risk.
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