🤯 We Are So Early

Happy Friday, In A Nutshell this week:

• 🤯 We Are So Early

• 🤔 BlackRock Recommends 1-2% Bitcoin Exposure

• 💸 Pension Fund Dominoes Are Falling

• 🎯 Ray Dalio: Invest in Gold and Bitcoin

• 🔐 Jack Dorsey’s Next Big Move for Bitcoin

• …and much more

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 🚀⏰ Today’s news should be a ~3.73-minute read (550 words).

🧠 Quote Of The Week

“Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.”

– Ferris Bueller

🤯 We Are So Early

Microsoft (MSFT) doesn't appear to be adding its name to the list of corporate entities holding Bitcoin anytime soon after its shareholders vote against a proposal that would have directed the board of directors to study such a move.

Only 0.55% of Microsoft shares voted for the assessment of investing in Bitcoin.

This comes as Amazon shareholders request the company explore adding Bitcoin to its treasury.

🤔 BlackRock Recommends 1-2% Bitcoin Exposure

New research from the world’s largest asset manager argues that Bitcoin offers unique benefits as a portfolio diversifier while sharing a similar risk profile to S&P 500 companies like Google, Amazon, Meta and Apple.

Their analysts make the case that Bitcoin, long shunned by mainstream investors, should now account for 1% to 2% of traditional “60/40” investment portfolios.

💸 Pension Fund Dominoes Are Falling

AMP, an Australian superannuation fund managing $57 billion in assets, has allocated $27 million to Bitcoin, marking the first step into digital assets by a large Australian pension fund.

The Bitcoin allocation is fairly conservative at 0.05% of the fund’s total assets under management but it’s a start.

🎯 Ray Dalio: Invest in Gold and Bitcoin

Billionaire investor Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates, said he would invest in "hard money" like gold and bitcoin while avoiding debt assets, as most major economies face rising indebtedness problems.

"I believe that there would likely be a pending debt money problem," he said in a speech at a financial conference in Abu Dhabi on Tuesday. "I want to steer away from debt assets like bonds and debt, and have some hard money like gold and bitcoin."

🔐 Jack Dorsey’s Next Big Move for Bitcoin

On the podcast this week, we had Jason Karsh from Bitkey. The self-custody wallet built by Jack Dorsey’s Block, which offers an easier and simplified way to custody Bitcoin.

They were very kind and gave us a huge discount code of 33% off with code: COLLECTIVE

Watch/listen to the episode: Apple Podcast, Spotify, YouTube

🔥 What else have you missed?

1. Michael's first interview after BTC crossed $100k.

2. Texas State officially files for a Strategic Bitcoin Reserve.

3. Insight into MicroStrategy's day-to-day operations.

4. Praetorian by Casa: Empowering self-custody for sovereign bitcoin reserves.

5. Bitcoin ETFs surpass 500,000 BTC in cumulative net inflows. The fastest growing ETFs in history.

6. Fidelity: An overview of Bitcoin and its potential use cases.

7. Natalie Brunell's interview with Peter Diamandis.

8. Russian State Duma Deputy Proposes Strategic Bitcoin Reserve.

9. Michael Saylor Joins Dave Portnoy (watch from 4 mins).

10. Japanese politician named Satoshi questions his government about Strategic Bitcoin Reserve.

🍾 Friday Fun!

This week’s crossword is now live - Play here

🧞‍♂️ Your wish is our command