Happy Friday, In A Nutshell this week:

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🚀⏰ Today’s news should be a ~5.19-minute read (796 words).

🧠 Quote Of The Week

“What you do speaks so loudly that I cannot hear what you say.”

— Ralph Waldo Emerson

SpaceX has filed for its long-awaited IPO on Nasdaq, revealing it holds 18,712 BTC worth approximately $1.45 billion.

That puts SpaceX among the seven largest corporate Bitcoin holders in the world, ahead of Coinbase, and with the coins purchased at an average cost of around $35,000, they are sitting on roughly $789 million in unrealised gains.

The company has been valued in private markets at $1.75 trillion, a figure that would make it the largest public company to carry Bitcoin on its balance sheet.

Bitcoin is becoming a standard feature on the balance sheets of the world's best companies. Investors are getting exposure whether they realise it or not.

The Human Rights Foundation has released a practical guide showing nonprofits and activist groups how to use Bitcoin when governments freeze their bank accounts, block foreign donations, or weaponise financial systems against them.

The guide covers wallet setup, self-custody, multisignature treasury arrangements, and how to convert between Bitcoin and local currencies while managing surveillance risk.

For people living under financial repression, Bitcoin is not a speculative asset. It is the only money that cannot be taken away. This guide makes that accessible.

Canaan, a Bitcoin mining company, has secured a contract to heat approximately 2,800 homes in the Nordic region using the excess heat generated by its mining equipment.

The mining units capture heat produced during the Bitcoin mining process and push it out as hot water into the local heating network. The project began with a 2 MW first phase and expanded to 8 MW following a follow-on order in March 2026.

Warming thousands of homes is exactly the kind of real-world benefit the mainstream headlines tend to miss.

Iran has launched a state-backed maritime insurance platform for ships transiting the Strait of Hormuz, settling policies in Bitcoin.

The timing is deliberate: weeks earlier, US sanctions authorities froze $344 million in USDT held in Iranian wallets. Bitcoin was the only payment rail they could not touch.

Iranian officials believe the Hormuz Safe project, which went live on 16th May, could generate over $10 billion in annual revenue.

A nation-state is now using Bitcoin as critical financial infrastructure, precisely because of its neutrality. No government can freeze it.

Mubadala, Abu Dhabi's sovereign wealth fund, has increased its stake in BlackRock's Bitcoin ETF by 16% in Q1 2026, bringing its total position to $566 million.

It has added to its holdings every single quarter since first disclosing Bitcoin exposure in late 2024. Combined with a separate Abu Dhabi vehicle also holding IBIT, the emirate now has over $1 billion in Bitcoin ETF exposure through regulated products.

Abu Dhabi has been steadily and quietly building one of the largest government-linked Bitcoin positions in the world.

The pound has lost 95% of its purchasing power since 1971. Every fiat currency in history has eventually gone to zero.

Piotr, Product Manager at Xapo Bank, joins Jordan to talk about building financial services around the one asset he believes breaks that pattern.

They dive into how Xapo’s underground vaults earned the nickname "Fort Knox of Bitcoin," and why borrowing against Bitcoin rather than selling it could be the smartest financial decision most holders are not making.

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

1. Antidote is hiring! 3 new roles and a chance to work full-time in a Bitcoin company

2. Bitcoin Pizza Day: Celebrate at your local meetup

3. Ross Ulbricht and wife Caroline announce they are expecting their first child

4. Hunter Biden is now accepting Bitcoin as payment for his artwork

5. Strategy to repurchase $1.5B of 2029 convertible notes

6. Minnesota signs a bill into law that allows banks and credit unions to offer Bitcoin custody services

7. Nakamoto shares hit new lows and announced a 1-for-40 reverse split

8. Tether buys SoftBank’s stake in Twenty One

9. Mark Cuban sells most of his Bitcoin, says it "lost the plot"

10. Node NBO Bitcoin hub opens in Nairobi

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