Happy Friday, In A Nutshell this week:

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🚀⏰ Today’s news should be a ~5.23-minute read (810 words).

🧠 Quote Of The Week

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.”

— George Bernard Shaw

Better and Coinbase have closed the first-ever mortgage using Bitcoin as collateral, letting homebuyers fund their down payment without selling their Bitcoin or triggering a capital gains tax bill.

The Bitcoin is held in custody for the life of the loan, returned on full repayment, and there are no margin calls. The first borrower summed it up: "We closed on our home and my Bitcoin stayed intact. We didn't have to liquidate, didn't have to time the market."

For anyone whose wealth is in Bitcoin rather than cash savings, this changes the conversation around homeownership entirely.

South American agribusiness is launching Bitcoin mining operations in Brazil powered entirely by electricity generated from sugarcane waste, with a target launch date of 1st July.

Tether backed Adecoagro will power the operation using bagasse, the fibrous waste left over from sugarcane production that mills routinely burn to generate surplus electricity. The initial pilot is 10 megawatts, with over 230 megawatts of renewable capacity already in place to scale from.

Bitcoin miners keep finding energy sources the mainstream headlines miss. Sugarcane waste is just the latest example of the network turning overlooked resources into productive infrastructure.

Most businesses think of Bitcoin as something to buy and hold. The companies pulling ahead are treating it as something to build into every layer of how they operate.

The Bitcoin Business Network was built to help UK businesses work out exactly how to integrate it and make it work for them.

With 100 members and growing, last week at the Bitcoin Treasuries Unconference, we announced our newest member: Great Ormond Street Hospital Charity.

This is no longer an idea. It is happening at one of the most recognised and respected institutions in the world.

Join the Bitcoin Business Network

Mainstream media has been quick to sound the alarm after Strategy sold 32 Bitcoin, but there is more to the story.

Strategy sold 32 BTC for $2.5 million to fund a preferred stock dividend, less than 0.004% of its total holdings. Saylor had signalled the move in advance, calling it an "inoculation": a small, deliberate sale to prove the mechanism works and prevent panic if a larger sale is ever needed.

The long-term goal has not changed. Accumulate as much Bitcoin as possible. Grow Bitcoin per share. This sale was simply proof that the reserve can be accessed when needed, and that the model holds up.

The US has seized approximately $1 billion in Iran-linked cryptocurrency and also sanctioned the country’s largest exchange.

The seizure includes a $344 million Tether freeze linked to Iran's Revolutionary Guard. Following this, sanctions were imposed on Nobitex, Iran's largest crypto exchange, along with three other platforms and key executives.

Centralised crypto can be frozen and sanctioned just like a bank account. This shows why self-custodied Bitcoin is so important: neutral money matters.

The UK has capital, founders, and a track record of building big companies. What it was missing was a home for Bitcoin-native businesses. Antidote is that home.

(Click here to see inside)

We sat down with co-founder Ben Cousens to discuss how they are helping founders become investable and where he thinks Bitcoin adoption is heading next.

The full interview, plus an exclusive discount to use Antidote's co-working space, is available to BBN members. Click here to join.

1. Smarter Web moves to launch UK’s first Bitcoin-backed "Preferred" stock

2. Strait of Hormuz is accepting Bitcoin payments on the Lightning Network

3. Jamie Dimon lashes out at The Clarity Act. Says "We'll fight it”.

4. Lighting + Ark: the scaling solution Bitcoin has been missing?

5. Bitcoin ATMs face a quiet ban no one is talking about

6. CME Group goes live with 24/7 Bitcoin futures and options

7. Democrats push the Labour Department to abandon the Bitcoin 401(k) Rule

8. Scott Bessent backs Strategic Bitcoin Reserve, urges Senate to Pass Clarity Act

9. Lava Card launches a US Bitcoin rewards credit card

10. South Africa's high court rules that Bitcoin constitutes both "capital" and "money".

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