👀 Falling Dominoes

Happy Friday, In A Nutshell this week:

• 🏛️ Treasury Dominos Are Falling

• 👀 Feels like 1971 Vibes

• 🏆 BlackRock ETF overtakse Gold

• 🎰 The Bitcoin Bet

• …and much more

 🚀⏰ Today’s news should be a ~3.72-minute read (510 words).

🧠 Quote Of The Week

“It is the supreme art of the teacher to awaken joy in creative expression and knowledge.”

– Albert Einstein

🏛️ Treasury Dominos Are Falling

We are seeing an uptick in companies announcing Bitcoin being added to their corporate treasury. This week…

• Publicly traded AI firm Genius Group adopts Bitcoin as a primary treasury asset. This is what convinced them.

• Public-listed company Solidion Technology announces a strategic Bitcoin allocation for corporate strategy.

• The $1.4 Trillion Teachers Insurance and Annuity Association reports holding Bitcoin through the Fidelity ETF.

👀 Feels like 1971 Vibes

Jack Mallers, CEO of Strike, explains why he believes the US establishing a Bitcoin Strategic Reserve, as proposed by Senator Lummis, would rank among the most pivotal events in our economic history.

This time, positive rather than what happened in 1971.

🏆 BlackRock ETF overtaking Gold

BlackRock’s Bitcoin ETF has amassed $40 billion (as of this week) since its January launch 10 months ago, outpacing their Gold ETF, which has been live since 2005.

To put this into perspective, Bitcoin’s market cap now ranks 9th among major global assets, standing alongside silver and big tech companies. Yet, it’s still just 10% of gold’s market cap.

🎰 The Bitcoin Bet

MicroStrategy Inc. bought about 27,200 Bitcoin for around $2.03 billion this week, the largest purchase since just after it began acquiring more than four years ago.

Saylor was once plastered over the Wall Street Journal with claims that his Bitcoin bet had '“lost” but now MicroStrategy sits with $10bn+ in Bitcoin profit and is currently proving them wrong.

🔥 What else have you missed?

1. The state of Pennsylvania introduces legislation for a Bitcoin strategic reserve.

2. Dave Portnoy messes up…again.

3. Senator Cynthia Lummis says we can pass the Strategic Bitcoin Reserve bill “in the first 100 days” of Trump’s presidency.

4. Peter McCormack has Steve Baker on the podcast with some interesting insights into the UK Parliament.

5. Bitcoin had its biggest single day $ price increase in Bitcoin history this week.

6. Shaping Bitcoin's Future in the UK with Freddie New.

7. Goldman Sachs reports holding over $700 million in Bitcoin ETFs per SEC filing.

8. 18 US States are suing the SEC, accusing Gary Gensler of overreach.

9. Michael Saylor speaks at Cantor Crypto (1 hour watch).

🍾 Friday Fun!

This week’s crossword is now live - Play here

🧞‍♂️ Your wish is our command