🐳 A new whale in town

Good morning, here is your weekly In A Nutshell from the Bitcoin Collective⚡️

This Week’s Big Stories
  • Winning the Bitcoin lottery

  • There is a new whale in town but who is it?

  • One man's trash is another man's treasure

I'm Ridin' Solo 📈

Block, the brainchild of Jack Dorsey and Jim McKelvey, just reported a jaw-dropping profit of $1.87 billion. That's a whopping 27% increase from last year! And what's driving this success? None other than the soaring sales of Bitcoin. A letter to shareholders stated: "The year-over-year increase in Bitcoin revenue and gross profit was driven by an increase in the quantity of Bitcoin sold to customers".

Taking dollar cost averaging to the next level 💸

A Bitcoin wallet has become the world's third-largest holder of Bitcoin in just over three months, with a whopping 118,000 BTC worth roughly $3.08 billion at current prices.

The owner is unknown and speculation has thrown the Bitcoin space into a world of wild theories. All we know is they clearly mean business and have the money to walk the walk.

Image: Look into Bitcoin

Putting Bitcoin miners in the landfill 🗑️

Methane from landfills is a strong greenhouse gas that's 25 times better at trapping heat than carbon dioxide. Nodal Power turns leaked methane into energy, reducing emissions and generating profits while keeping the air clean.

Add a Bitcoin miner to the equation and now we're cooking with gas trash! This is exactly what Nodel Power is doing and plans to expand with their $13M raise.

🔥 What else have you missed?

1. Lyn Alden wrote a book! It's called "Broken Money", we've already ordered it, review incoming but if you can't wait here it is... Broken Money.

2. Caitlin Long dropping knowledge on the Bitcoin halving and how she believes the market will react in an interview with Pomp.

3. Sending Bitcoin without Internet with Machankura. A new article was published this week diving into it. Want to watch instead?

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