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FACT: ๐Ÿ’ฐ Global #Bitcoin ETFs now hold over 1.3 million $BTC

They now control ~5.5% of the total supplyโ€”in less than 12 months

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NEW: ๐Ÿ‡ต๐Ÿ‡ธ Fadi Elsalameen explains how ๐Ÿ’ฐ Bitcoin is helping save lives in Palestine and other countries.

โ€œBitcoin could be one day the main currency and the only currency because right now there is no central bank, we do not have a currency of our own.โ€

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JUST IN: ๐Ÿ’ฐ $11.5 trillion asset manager BlackRock releases video explaining Bitcoin.

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JUST IN: ๐Ÿ‡ณ๐Ÿ‡ฑ Open letter to the Dutch government regarding the establishment of a National ๐Ÿ’ฐ Bitcoin reserve.

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๐Ÿ’ฐ Bitcoin market cap as % of Gold market cap reaches new all-time high at 14% โ€” link

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NEW: ๐Ÿ‡บ๐Ÿ‡ธ BlackRock's gold ETF took 20 years to reach $33 billion AUM; it took their ๐Ÿ’ฐ Bitcoin ETF less than a year.

The fastest growing ETFs in history ๐Ÿ™Œ

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๐Ÿ‡บ๐Ÿ‡ธ NEW: ๐Ÿ’ฐ MARA acquired 15,574 $BTC for $1.53 billion, at an average price of $98,529 per Bitcoin.

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๐Ÿฅ‡ 40% of its MicroStrategy, $MSTR, bitcoin purchases were in the last 30 days, per Bloomberg.

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๐Ÿšจ JUST IN: ๐Ÿ’ฐ El Salvador adds 11 Bitcoin worth $1 million to their Strategic Bitcoin Reserve.

The country now holds a total of 5980
$BTC!

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๐Ÿ’ฐ Michael Saylor says that Bitcoin could go to $1 and MicroStrategy would not get liquidated, they would just keep buying ๐Ÿ‘€

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๐Ÿ’ฐ Michael Saylor says that Microstrategy will ramp up intelligent leverage in Q1 for the benefit of common stock shareholders

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Senator Cynthia Lummis: ๐Ÿ‡บ๐Ÿ‡ธ The dollar is designed to debase. The Fed has a goal of 2% inflation per year.

๐Ÿ’ฐ Bitcoin's goal is to far exceed inflation and it's done exactly that, growing at 55% per year.

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BULLISH: ๐Ÿ’ฐ Cathie Wood, CEO of Ark Invest, predicts #Bitcoin will reach $1.5 Million by 2030 and says "it is mathematically metered to go up" in price. ๐Ÿš€

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๐Ÿ’ฐ MicroStrategy CEO Michael Saylor released a digital assets framework which includes Strategic Bitcoin Reserve, highlighting the opportunity to position America as the global leader in the 21st-century digital economy.

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โšกNEW: ๐Ÿ‡บ๐Ÿ‡ธ Senator Cynthia Lummis says the purpose of the Strategic Bitcoin Reserve is to โ€œexplicitly, strategically, pay down govโ€™t debt hanging over the head of every American.โ€

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๐Ÿ‡บ๐Ÿ‡ธ SEC Commissioner Hester Peirce suggests that in-kind redemptions could be introduced to ๐Ÿ’ฐ Bitcoin spot ETFs in 2025

This would allow investors to purchase the ETF with cash and withdraw Bitcoin directly to their self-custody wallets.

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2024/12/22 03:33:06
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