issue 246 - week of 6-27-25
curating the good stuff for the casual bitcoin enthusiast each week
Listen below for an succinct overview in podcast format of all items contained in this issue of the newsletter.
news
I used Google NotebookLM and ChatGPT to summarize the information in this week’s news links:
Bitcoin is increasingly viewed not just as an asset, but as a fundamental shift in money and technology. Its properties—durability, scarcity, fungibility, divisibility—allow it to function as a superior form of "digital gold," reintroducing concepts like self-sovereignty and hard money into economic discourse. Its neutrality and censorship resistance are particularly valuable in a deglobalizing world, enabling trustless transactions across borders without state control. Adoption is accelerating globally, especially among non-white populations and citizens in autocratic countries, where Bitcoin serves as a mechanism for individual economic freedom and privacy.
Institutional and governmental interest in Bitcoin is expanding rapidly. High-profile figures like Larry Fink have acknowledged Bitcoin's potential role as a global reserve currency. Corporations led by MicroStrategy have pioneered treasury strategies involving large-scale Bitcoin acquisition, creating models where company equity and credit markets become tied to Bitcoin performance. Governments are also exploring exposure to Bitcoin, with some countries considering strategic reserves, signaling a shift from the question of "if" to "how fast" Bitcoin adoption will proceed at the state level.
As Bitcoin matures, new financial products and policies are developing to bridge it with traditional capital markets. Companies are issuing innovative instruments like preferred equity offerings tied to Bitcoin, while policymakers grapple with regulatory challenges around volatility, banking access, and classification. Despite risks—such as scams and regulatory hurdles—Bitcoin is increasingly seen as a geopolitical tool and foundation for a potential future global monetary system, with proponents envisioning an economy where Bitcoin serves as both payments protocol and store of value, potentially reshaping how the world transacts, invests, and safeguards sovereignty.
Bitcoin’s “bull pennant” targets $165K as BTC exchange flows hit 10-year lows.
https://cointelegraph.com/news/bitcoin-s-bull-pennant-targets-165k-as-btc-exchange-flows-hit-10-year-lows
FHFA’s Pulte Orders Fannie, Freddie to Consider Crypto as Mortgage Asset.
https://www.wsj.com/finance/regulation/fhfas-pulte-orders-fannie-freddie-to-consider-crypto-as-mortgage-asset-2fdfc356
If Institutions Are Buying Why Isn’t The Bitcoin Price Going Up?
https://bitcoinmagazine.com/markets/why-isnt-the-bitcoin-price-going-up
Bigger bitcoin HODL: Time for 10% to 40% of portfolio in crypto, says financial advisor Ric Edelman.
https://www.cnbc.com/2025/06/27/bitcoin-hodl-ric-edelman-wants-10percent-40percent-portfolio-crypto.html
Strategy Acquires 245 BTC and Now Holds 592,345 BTC.
https://www.strategy.com/press/strategy-acquires-245-btc-and-now-holds-592345-btc_06-23-2025
US investor strikes $1 billion merger to create bitcoin treasury company.
https://www.reuters.com/legal/transactional/us-investor-strikes-1-billion-merger-create-bitcoin-treasury-company-2025-06-23
Inspired by Trump, Texas first to fund state “strategic” bitcoin reserve.
https://statescoop.com/texas-strategic-bitcoin-reserve-trump-cryptocurrency-2025/
A Remote Himalayan Kingdom Bet Big on Bitcoin Mining. So Far, It Has Paid Off.
https://www.wsj.com/world/asia/a-remote-himalayan-kingdom-bet-big-on-bitcoin-mining-so-far-it-has-paid-off-a28bc4b8
London-listed companies pile into bitcoin.
https://www.ft.com/content/2379dfdb-b62b-47de-98d5-dc49be50e661
media
BTC Prague. BTC Theory & Practice by Michael Saylor at BTC Prague.
Podcast. What Bitcoin Did: Strategy's Trillion Dollar Bitcoin Bet | Jeff Walton.
Podcast. The Bitcoin Matrix: TOP Bloomberg Analyst - “The Next Phase of Bitcoin Has Already Begun”
Podcast. Mr M Podcast: This is Bitcoin’s Biggest Challenge [Here’s Why It Matters]
Bitcoin Magazine. The Bitcoin Policy Summit 2025.
Podcast. The Wolf of All Streets: Adam Back - Bitcoin Will Absorb The Entire Financial System.
Podcast. The Investor’s Podcast: Economic Calculation with Bitcoin w/ Joe Burnett and Chris Nicholson (BTC240).
tweets
(Substack blocking direct Twitter links at the moment)
https://x.com/IIICapital/status/1936765152084238757
https://x.com/TFTC21/status/1936759826471583814
https://x.com/ChrisMMillas/status/1936758802864349527
https://x.com/pulte/status/1937944964656152800
https://x.com/crypto_birb/status/1938366431092965815
https://x.com/MarioNawfal/status/1938396862727287257
https://x.com/fundstrat/status/1938437595782131760
https://x.com/DocumentingBTC/status/1938555237041574330
https://x.com/brian_armstrong/status/1938673513872924948
https://x.com/AdamBLiv/status/1939080239105097841
https://x.com/nsquaredvalue/status/1939214698739630122
https://x.com/w_s_bitcoin/status/1938957414125961398
https://x.com/nsquaredvalue/status/1939010712543875233
https://x.com/ecoinometrics/status/1938573828646715870
If you think we’ve missed something important, please send it to us and we’ll be sure to add it to next week’s newsletter… And please share!
