šŖ Sats Per Share - 07/17/2025

šØ U.S. Marshals' Bitcoin Stash Revealed: Less Than Expected
A Freedom of Information Act (FOIA) request has unveiled that the U.S. Marshal Service holds just 28,988 BTC (worth $3.44 billion) - significantly lower than previous estimates of 200,000 BTC. Senator Cynthia Lummis has criticized this as a strategic misstep, especially as the Trump administration moves to establish a Strategic Bitcoin Reserve under Treasury management.
š Bitcoin Smashes Through $120K as Institutions Pile In
Bitcoin has surged to an all-time high of $122,873, driven by regulatory clarity and institutional adoption. While experts predict consolidation between $120K-$130K, strong on-balance volume and regulatory tailwinds suggest potential for further gains. However, environmental concerns about mining's carbon footprint continue to cast a shadow over the rally.
š¢ Strategy's Bold Move: 4,225 More BTC Added to Treasury
Strategy (formerly MicroStrategy) continues its aggressive Bitcoin accumulation, having purchased an additional 4,225 BTC for $472.5 million. This brings their total holdings to an impressive 601,550 BTC, acquired at an average price of $111,827 per bitcoin. The company's total investment now stands at approximately $42.9 billion.
š Global Bitcoin Holdings: Nations Stack Sats
In an interesting development, the U.S. and China have emerged as the leading government Bitcoin holders, with approximately 207,000 BTC and 194,000 BTC respectively. Notably, Bhutan has taken a unique approach, building its reserves through hydroelectric-powered mining rather than seizures - marking a shift in how nations view Bitcoin as a strategic asset.
ā” BitMine's ETH Play Pays Off Big
In a bold move reminiscent of Strategy's Bitcoin strategy, BitMine Immersion Technologies has revealed a $500M ETH treasury, holding 163,142 ETH. The announcement sent their shares soaring 40%, despite recent market volatility.
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