🪙 Sats Per Share - 06/19/2025
🌎 Brazil Takes Historic Step Toward Bitcoin Reserves
In a groundbreaking move, Brazil is advancing legislation that could make it the first G20 nation to legally hold Bitcoin in sovereign reserves. The Strategic Sovereign Bitcoin Reserve (RESBit) bill proposes allocating up to 5% ($18.5B) of Brazil's international holdings to Bitcoin. The bill has already cleared its first committee, with plans for transparent, audited reports to Congress every six months.
🇵🇰 Pakistan's Bitcoin Pivot Gets Saylor's Seal of Approval
Pakistan is making waves with its ambitious Bitcoin strategy, allocating 2,000 megawatts of excess energy to mining and establishing a strategic reserve. The country has brought in heavyweight advisor Michael Saylor, who met with key finance leaders to discuss integrating Bitcoin into sovereign reserves. The move signals Pakistan's intent to lead digital asset adoption in the Global South.
🏛️ Trump Media's $2.3B Bitcoin Play Gets SEC Green Light
In a significant development, Trump Media and Technology Group has received SEC approval for its bitcoin treasury deal, raising $2.3B through debt and equity agreements. The company plans to integrate Bitcoin into its operations, including using it for subscription payments on Truth Social and Truth+.
📊 Institutional Bitcoin Holdings Hit Critical Mass
A revealing Glassnode report shows that institutions and governments now control 30.9% of Bitcoin's circulating supply, with 216 centralized entities holding 6.1 million BTC. However, Sygnum warns that MicroStrategy's massive 582,000 BTC holdings could potentially undermine Bitcoin's viability as a reserve asset for central banks.
💉 Healthcare Giant Makes Bitcoin Move
Prenetics is joining the Bitcoin revolution with a $20 million investment (187 BTC), guided by former Trump crypto adviser Tracy Hoyos Lopez. The company signals this is just the beginning of their Bitcoin strategy.
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