
Happy Friday, In A Nutshell this week:
🇬🇧 Farage Backs a Bitcoin Treasury
🔵 Policy Pushed to Pick Sides?
💥 From Fintech to Full UK Bank
💼 Strive Loads Up on STRC
🇰🇿 Central Bank Locks Eyes on Bitcoin
⚡ Lightning Comes to Cold Storage
…and much more
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🚀⏰ Today’s news should be a ~5.13-minute read (794 words).
🧠 Quote Of The Week
“Popularity is the penalty of success.”
— Oscar Wilde

🇬🇧 Farage Backs a Bitcoin Treasury
Nigel Farage has taken roughly a 6% stake in Stack BTC, a UK-listed “Bitcoin treasury” company chaired by former Chancellor Kwasi Kwarteng.
The company’s pitch is simple: acquire cash-generative UK firms, then allocate spare balance-sheet cash into Bitcoin rather than leaving it to be eroded over time.
Farage’s stake could help bring Bitcoin into the UK mainstream conversation, rather than leaving it confined to niche circles.

🔵 Policy Pushed to Pick Sides?
Coinbase is facing backlash after claims it has been quietly lobbying Congress to keep a proposed “de minimis” tax exemption for small payments limited to stablecoins, not Bitcoin.
Three sources on Capitol Hill allegedly confirmed this, with Coinbase said to be telling lawmakers that “no one is using bitcoin as money”.
Coinbase has denied the accusation, calling it false, but the row escalated when Jack Dorsey publicly pressed Coinbase CEO Brian Armstrong to clarify the company’s position on Bitcoin-specific relief.
If Bitcoin is excluded from tax relief while stablecoins get a pass, that’s not neutral policy, it’s picking winners.

💥 From Fintech to Full UK Bank
Revolut has been granted a full UK banking licence after years of waiting, moving it from fintech app to a regulated bank in its home market.
That opens the door to more “proper bank” products, like deposit accounts, lending and mortgages, putting it in more direct competition with the high-street names.
For Bitcoin, it matters because Revolut is already a major gateway for everyday users who want exposure to digital assets. A stronger, fully licensed Revolut could mean smoother on and off ramps and more normalised access.

💼 Strive Loads Up on STRC
Strive has bought $50m of Strategy’s STRC preferred shares, alongside adding 179 BTC to its balance sheet and increasing the yield on its own preferred stock to 12.75%.
The move shows Strive isn’t just stacking BTC. It’s also buying into Strategy’s “Bitcoin credit” stack, using STRC as an income-style instrument linked to Bitcoin exposure.
This is the Bitcoin treasury model evolving in real time, combining BTC holdings with yield products designed to appeal to traditional investors.

🇰🇿 Central Bank Locks Eyes on Bitcoin
Kazakhstan’s central bank says it plans to allocate up to $350 million from its reserves into Bitcoin and crypto-related investments as part of a new portfolio.
It’s not a pure “buy Bitcoin” headline. Officials say the list of instruments will likely include other crypto assets, plus crypto-linked equities, index funds and infrastructure plays, with investing expected to begin around April to May.
The move signals that even cautious central banks now see digital assets as something they need exposure to and experience with, not just a topic to ignore.

⚡ Lightning Comes to Cold Storage
Blockstream has added Lightning support to its Jade hardware wallet, making it their first hardware wallet that can send and receive Lightning payments.
The update aims to combine the convenience of Lightning-speed payments with the security of a strong self-custody setup.
It’s a meaningful UX step toward making Bitcoin payments feel more practical for everyday users, without relying on a hot wallet or a custodial service.

🚀 Inside Strategy, The World's Largest Bitcoin Company
Most people know Strategy as the company that keeps buying Bitcoin. Far fewer understand how it works behind the scenes, from the lean 15-person team to the financial instruments reshaping corporate finance.
CJ from Strategy’s finance team joins Jordan to break it all down: how they structure preferred equity products like STRC (Stretch), why businesses sitting on short-term cash should be paying attention right now, and what really goes on inside the company.
The episode is available here: YouTube, Apple Podcast, Spotify
🔥 What else have you missed?
1. UK Guide on “How to buy Bitcoin privately”
2. Bitcoin mined supply passes 20 million BTC
3. U.S. Treasury told Congress that Bitcoin mixers can serve legitimate financial privacy purposes
4. Roxom introduce paying STRC income in Bitcoin
5. Mastercard aim to bridge the gap between digital assets and traditional payments
6. Bhutan has now sold over half its Bitcoin reserve
7. Metaplanet expands the Bitcoin strategy with new venture fund and asset management unit
8. Paraguay adopts stricter oversight on Bitcoin
🧞♂️ Your wish is our command
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Until next week✌️,
Alex & The BC Team

