šŸƒ Britain’s Energy Joke

ALSO: Britain’s Energy Joke; Satoshi Storms Wall Street; A New Standard for UK Pensions; Aid Gets a Bitcoin Upgrade; Why Bitcoin Is About To Explode; B Hodl issue first grant to support Bitcoin development

Happy Friday, In A Nutshell this week:

  • šŸƒ Britain’s Energy Joke

  • šŸ—½ Satoshi Storms Wall Street

  • šŸ‡¬šŸ‡§ A New Standard for UK Pensions

  • šŸ•°ļø XCE Wastes No Time

  • ā¤ļø Aid Gets a Bitcoin Upgrade

  • šŸ› ļø Bitcoin Doesn’t Fix Anything. People Do.

  • …and much more

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 šŸš€ā° Today’s news should be a ~5.20-minute read (809 words).

🧠 Quote Of The Week

ā€œTo improve is to change; to be perfect is to change often.ā€

— Winston Churchill

šŸƒ Britain’s Energy Joke

Comedian Jimmy Carr says the UK should use surplus power to mine Bitcoin: ā€œAnything we don’t need, we can mine for Bitcoin.ā€

On the TRIGGERnometry podcast, he added, ā€œOur power stations don’t do anything at night,ā€ and suggested using mining to help build a sovereign wealth fund.

Bitcoin mining can soak up off-peak energy, turn waste into revenue, and switch off quickly when the grid needs it.

With the UK reportedly wasting over £1 billion on energy curtailment this year, these comments could help put the issue on the national agenda.

šŸ—½ Satoshi Storms Wall Street

Twenty One Capital, backed by Jack Mallers, Tether and Cantor Fitzgerald, has listed on the NYSE, marking the occasion with a gift of a Satoshi statue to the exchange.

The company also lit up Times Square with a billboard reading ā€œNo man should work for what another man can print,ā€ a direct shot at the dollar and other fiat currencies.

Bitcoin has arrived on Wall Street, signalling a plan to fix finance from within.

šŸ‡¬šŸ‡§ A New Standard for UK Pensions

One year on from the UK’s first pension scheme allocating to Bitcoin, Cartwright Pension Trusts says the investment has returned 56%, lifting the fund’s overall position.

The unnamed scheme invested £1.5m (about 3% of a £50m portfolio) alongside other assets. Over the same period, gold rose 44%, global equities 16%, and UK 10-year gilts were flat.

Cartwright stresses it’s a long-term, risk-aware strategy that may not be suitable for every scheme, but says it shows Bitcoin should be part of the conversation for UK pensions.

šŸ•°ļø XCE Wastes No Time

International executive recruitment firm XCE listed on the UK Aquis Stock Exchange this week and, on its second trading day, announced its first major Bitcoin purchase.

Since 2021 (while still private, under Spencer Riley), the group had already accumulated 9.27 BTC, so this was an acceleration, not a first step.

It acquired 7.37 BTC, almost doubling its holdings to 16.65 BTC, at an average cost of $68,110, worth about $1.51m.

The company says it has achieved a 79.5% BTC yield since IPO.

ā¤ļø Aid Gets a Bitcoin Upgrade

Save the Children has launched a first-of-its-kind Bitcoin Fund, aiming to maximise the impact of donations by allowing the charity to hold Bitcoin for up to four years.

Using Bitcoin, stablecoins and digital wallets, the fund will test ways to get money directly into families’ hands faster, more transparently and at lower cost.

The charity is positioning it as a model that could influence how aid groups move money in future crises.

šŸ› ļø Bitcoin Doesn’t Fix Anything. People Do.

Peter McCormack, chairman of Real Bedford F.C. and host of The Peter McCormack Show, joined Jordan at Bitcoin: A Competitive Advantage to explain how Bitcoin can be an accelerant for traditional businesses.

If you couldn’t make the event, you won’t want to miss this. Watch here

šŸ’„ Why Bitcoin Is About To Explode | Lawrence Lepard

Investor and author of The Big Print, Lawrence Lepard, joins Jordan to discuss how gold is signalling monetary debasement and what that means for Bitcoin.

They also cover JPMorgan’s ā€˜debasement’ trade, Morgan Stanley’s Bitcoin allocation shift, the Fed’s likely return to balance-sheet expansion, and the Fourth Turning, including what a future reset to sound money could look like.

The episode is available here: YouTube, Apple Podcast, Spotify

šŸ”„ What else have you missed?

1. B Hodl issue first grant to support Bitcoin development

2. US Regulator slams nine top banks for Bitcoin debanking practices

3. Cathie Wood says the 4-year cycle is dead. Bitcoin will rally higher from here

4. BBC covers the Swiss city of Lugano where you can pay for most things with Bitcoin

5. Michael Saylor after announcing major banks are now approaching him about Bitcoin, visits JPMorgan in New York

7. Strategy buys the dip with another 10,624 bitcoin for $963 million

8. Tom Lee ā€œWe're going to shatter the Bitcoin 4-year cycle over the next 8 weeks"

9. UAE security official says, ā€œBitcoin has become the key pillar in the future of financing.ā€

10. Western Union are building Bitcoin on and off ramps

šŸ¾ Friday Fun!

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Until next weekāœŒļø,

Alex & The BC Team