Happy Friday, In A Nutshell this week:

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🚀⏰ Today’s news should be a ~5.15-minute read (795 words).

🧠 Quote Of The Week

“We cannot become what we want by remaining what we are.”

— Max DePree

The Bitcoin Policy Institute has launched a UK arm to educate British policymakers, regulators, and government officials on Bitcoin, with backing from Xapo Bank.

The US organisation was behind the Strategic Bitcoin Reserve and key digital asset legislation, and the timing of their UK expansion is no coincidence.

The UK is building its digital asset regulatory framework under the Financial Services and Markets Act, with an FCA application gateway opening later this year and the full framework expected in 2027.

Antidote are hosting a reception with BPI and Xapo on 13th May. Limited tickets available here

Strategy has signalled it is willing to sell portions of its Bitcoin for the first time, but this is not a retreat from its "never sell" stance.

The goal is to unlock an estimated $2.2 billion in tax benefits and fund shareholder dividends, while remaining a net Bitcoin accumulator. Sell tactically, redeploy the proceeds, grow Bitcoin per share.

Strategy is moving from treating Bitcoin as a static reserve to an actively managed treasury asset. The strategy is evolving. The conviction is not.

Lomond School has launched the "Satoshi Scholarship," a fully funded place covering two years of tuition and boarding at the school in Scotland.

The school became the first in the world to accept Bitcoin for tuition in 2025, runs its own Bitcoin node and mining units, and is now building a BTC treasury funded by community donations.

The scholarship, open to students worldwide, is the latest step in what the school describes as a long-term savings strategy built around sound money principles.

Applications are open and close on the 24th May 2026.

UK borrowing costs have hit their highest level since 1998 as 30-year government bond yields have hit 5.78%.

This is not just a British problem. US, Japanese, and German bond markets are all repricing simultaneously as central banks that were cutting rates earlier this year are now being forced to consider hikes, driven by an energy shock that is keeping inflation stubbornly high.

The UK's position is particularly exposed. With £2.7 trillion in national debt and £106 billion spent annually on interest alone, there is very little room for rates to stay elevated without serious consequences for public finances.

When every major bond market reprices at once and with skyrocketing government debt, the case for a neutral asset that sits outside the system becomes harder to ignore.

Seven of the world's largest Bitcoin mining operations, including ANTPOOL, Block Inc, Foundry, and F2Pool, have joined the Stratum v2 Working Group, a protocol designed to decentralise how Bitcoin mining works.

Stratum v2 is an upgrade to the current mining protocol that improves efficiency, security, and privacy.

Most importantly, it allows individual miners to build their own block templates rather than having pools decide what goes into each block, a meaningful shift toward decentralisation.

The UK has the talent, the capital, and the financial infrastructure. So why aren't more Bitcoin businesses being built here?

Ben Cousens, Chief Strategy Officer at ZBD and co-founder of Antidote, joins Jordan to answer exactly that. Antidote are backing Bitcoin businesses with capital and support, and have built a Bitcoin hub in the heart of London to prove the UK is open for business.

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

1. Jeff Walton vs Coffeezilla: The MSTR & STRC Ponzi Debate

2. Netherlands is moving forward to tax on unrealised capital gains on Bitcoin

3. CashApp’s Bitcoin ecosystem made $1.7B in Q1 2026

4. Sequans sells half its Bitcoin holdings as revenue falls and losses mount

5. VanEck says Bitcoin could hit $1 million in five years

6. Paradigm researcher proposes way to protect Satoshi-era bitcoin from quantum threats

7. BlackRock says adding Bitcoin to your portfolio produces "compelling" results.

8. Coinbase cuts 14% of workforce

9. Wall Street firms are now hiring for dozens of Bitcoin and crypto jobs

10. Fidelity Digital Assets says the most important portfolio decision is to get off zero

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