
Happy Friday, In A Nutshell this week:
π¬π§ UK Pension Fund Add Bitcoin
π¦ Strategic Bitcoin Reserve
π Bitkey: Build In The Open
π©πͺ Digital Monetary Photosynthesis
π§ We need to talk about MicroStrategy
β¦and much more
πβ°Β Todayβs news should be a ~4.66-minute read (740 words).
Hey,
Weβre taking things up a gearβ¦ or maybe four. Weβre building the home for everything Bitcoin.
From the podcast and this newsletter to articles and education.
Weβre aiming to make our podcast the number one Bitcoin show out there. The response to our first podcast has been amazing, itβs clear thereβs a gap, and I (Jordan) am ready to step into it with both feet.
As more listeners tune in, weβll be upping the episodes each week and dabbling with in-person interviews.
Weβve lined up some incredible guests over the next few weeks, and if youβre enjoying the podcast and the newsletter, please share it with friends, family, and on socials. You might not think it, but every share makes a huge difference! (The link is at the bottom of the newsletter)
Do you have ideas for guests, or maybe an article youβd like to write? Ping us an email at [email protected]
Thanks for being part of this journey with us! Have a great weekendβοΈ
Jordan, Bitcoin Collective Founder
π§ Quote Of The Week
βNothing is impossible, the word itself says, βIβm possible!ββ
β Audrey Hepburn

π¬π§ UK Pension Fund Add Bitcoin
A UK pension fund has become the first in the country to addΒ Bitcoin (BTC)Β to its portfolio. The pension advice firm CartwrightΒ said it saw Trustees of the unnamed scheme choose to make a 3% bitcoin allocation, reflecting the schemeβs relatively long investment time horizon.
Sam Roberts, Director of Investment Consulting commented: βTrustees are increasingly looking for innovative solutions to future-proof their schemes in the face of economic challenges. This bitcoin allocation is a strategic move that, not only offers diversification, but also taps into an asset class with a unique asymmetric risk-return profile."
Tune in to the Bitcoin Collective podcast this weekend as we drop our episode with Sam from Cartwright. Subscribe on Spotify, Apple or Youtube.

π¦ Strategic Bitcoin Reserve
Senator Cynthia Lummis reaffirmed plans to establish a strategic Bitcoin reserve following Donald Trumpβs election by posting on X:
βWE ARE GOING TO BUILD A STRATEGIC BITCOIN RESERVEπΊπΈπΊπΈπΊπΈ.β
The senatorβs BITCOIN Act of 2024 proposes directing the Treasury to acquire 1 million Bitcoin over five years and establish Treasury-managed secure Bitcoin vaults.
Will this actually happen⦠Only time will tell. Want to read a report evaluating the plans? Bitcoin Policy Institute Report

π Bitkey: Build In The Open
Block, the financial services company founded by former Twitter CEO Jack Dorsey, created Bitkey to let users more easily store Bitcoin outside of exchanges and has just been named one of Time Best Inventions of 2024.
Bitkey published a whitepaper last week as they build in the open, it outlines a novel design for smartphone-based bitcoin wallets and they are inviting the community for feedback.

π©πͺ Digital Monetary Photosynthesis
Germanyβs largest Telco just partnered with Germany's oldest bank to mine Bitcoin. The pilot project is called βDigital Monetary Photosynthesis" and aims to monetise surplus renewable energy and help stabilise the grid.
The convergence of energy, finance and Bitcoin, once a theory, is now starting to play out.

π§ We need to talk about MicroStrategy
MicroStrategyβs meteoric rise is thanks to Michael Saylorβs conviction in Bitcoin and their strategy of accumulation.
A new article outlines some interesting reflections on where MicroStrategy has come from, and where they are going.
π₯ What else have you missed?
1. The Central Bank of ArgentinaΒ opened an "art exhibit" that included bitcoin mining equipment that wasΒ actively mining bitcoin.
2. FLOWMAGEDDON: A Trump-inspired gusher of cash is flowing into risk-on ETFs
3. Lyn Alden co-authored a paper that analyses the process and risks of how Bitcoin upgrades its consensus rules over time.
4. BlackRock's spot Bitcoin ETF did $4.1 BILLION in trading volume in one day, its biggest day ever.
5. First UK school to offer lessons in Bitcoin!
6. Detroit, Michigan to become the largest US city to accept Bitcoin and crypto as payment for taxes.
7. Sotheby's CEO went down the rabbit hole at 57, now fully into Bitcoin at 59.
8. Chinese TV reporting that βTrump will make the US the world's crypto capital and establish a strategic Bitcoin reserve.β
π§ββοΈ Your wish is our command
What did you think of today's email?
Until next week βοΈ,
Jordan & The BC TeamI

