FOMO in the Boardroom: Bitcoin’s Corporate Moment

Happy Monday Bitcoiners, it's Bam here with another Bitcoin update!

Each week, our team at Bitcoin News saves you time by curating the most impactful events into a concise, easy-to-read update.

Notable events this week include:

• MicroStrategy raises $3 billion via convertible bond sales to purchase Bitcoin.

• Several corporations announce strategies for holding Bitcoin in their treasuries.

• Polish presidential candidate vows to create a ‘Strategic Bitcoin Reserve’ if elected.

Let’s dive in! ⚡

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LATEST NEWS 📰

🙌 ADOPTION

• Namecheap, a leading domain registrar, has processed over $73 million in Bitcoin payments through BTCPay, completing 1.1 million transactions.

• 700 students attend a school presentation exploring Bitcoin as a solution to inflation in West Java, Indonesia.

• Multiple companies announce Bitcoin as their treasury reserve asset.

⚖️ LEGAL

• Charles Schwab plans to enter spot Bitcoin and crypto ETF sales once the Trump administration provides clearer regulations.

• Texas lawmaker declares, “I want Texas to have a Strategic Bitcoin Reserve first.”

• Howard Lutnick, CEO of Cantor Fitzgerald and a known Bitcoin holder, has been appointed U.S. Secretary of Commerce in the Trump administration.

📈 MARKETS

• Paul Tudor Jones 13F filings reveal a $159.9 million position in BlackRock’s Spot Bitcoin ETF, marking a 409% increase from Q2.

• Metaplanet announces an $11.3 million debt sale, adding 124 BTC, bringing its total to 1,142 BTC. Semler Scientific raises $21.5 million via BTC and ATM activity, adds 215 BTC, now holding 1,273 BTC.

• US Spot Bitcoin ETFs surpass $100 billion in total assets. They’re now 97% of the way to surpassing Satoshi as the largest holder and 82% of the way to overtaking gold ETFs.

⛏️ MINING

• MARA announces $700M in 0% convertible notes, sees strong demand, raises $1B, and acquires 5,771 BTC.

• MARA now holds over 30,000 BTC, solidifying its position as the second-largest corporate Bitcoin holder, trailing only MicroStrategy.

• Bitcoin mining difficulty increases by 0.63%, setting a new all-time high.

🗳️ POLITICS

• Polish Presidential candidate, Sławomir Mentzen, publicly vows to create a ‘Strategic Bitcoin Reserve’ if elected.

• El Salvador’s President Bukele takes to Instagram to show off the country’s 113% gains on its Bitcoin holdings.

• Central bank liquidity rises in both the US and China.

BAMS 2 SATS 🧢

Bitcoin adoption over the past few weeks has been nothing short of extraordinary. Its surge in corporate adoption has been matched by rapid growth in market cap—now surpassing the combined value of JPMorgan, Visa, and MasterCard.

Bitcoin's adoption is skyrocketing, with its price nearing $100,000. Once a fringe idea, it’s now the "cool kid on the block" as companies and nation-states embrace it as a Strategic Reserve asset.

Just this week, several companies announced additions of Bitcoin to their reserves, including Metaplanet and Semler Scientific. Even more intriguing, a wave of newcomers either joined the movement or began publicly debating whether they should.

• Thumzup, a Los Angeles-based social media marketing firm, announced the purchase of $1 million in Bitcoin as a treasury reserve asset.

• Publicly traded AI firm Genius Group launches Bitcoin treasury with purchase of 110 BTC for $10 million, then adds another $14 million 3 days later.

• Global healthcare group Cosmos Health adopts Bitcoin as treasury reserve asset.

• Publicly listed eCommerce company LQR House to buy up to $1 million worth of Bitcoin as Treasury Reserve Asset.

• Biopharmaceutical company Acurx Pharmaceuticals is buying up to $1 million in Bitcoin as a treasury reserve asset.

• Rumble’s CEO polls X on whether adding Bitcoin to its balance sheet, receiving a staggering 94% approval.

One of the most striking headlines for me was MicroStrategy’s announcement of $2.6 billion in 0% convertible notes with a 55% conversion premium, raising a total of $3 billion to buy more Bitcoin—which could be happening at the time of writing this weekend. Even MARA issued a 0% convertible bond, raised $1 billion, and bought more Bitcoin.

Who is buying these bonds or convertible notes, and why would they, given they pay no interest?

The answer isn’t hidden. This week, Allianz, the German insurance giant, acquired 24.75% of MicroStrategy’s 2031 bond. Even BlackRock made the list.

They are essentially betting that Bitcoin's value will rise enough in the coming years for MicroStrategy (or even MARA) to see significant appreciation. This would enable them to convert their bonds to equity, yielding returns higher than any other bond on the market—without directly exposing themselves to Bitcoin’s volatility.

Optimism about Bitcoin's success appears to be spreading at the institutional level. Could this also signal a bet on the US adopting a Strategic Bitcoin Reserve? Such a move would undoubtedly initiate a phase shift for Bitcoin's price.

“If the US Strategic Bitcoin Reserve happens prepare for 7 figure bitcoin.” -. Adam Back

Stay safe, enjoy the ride & keep on stacking!
Bam

Putting in the Work for a Strategic Bitcoin Reserve

Few individuals have made a greater impact this year than Dennis Porter in highlighting Bitcoin's strategic importance to the US government.

In our exclusive interview, Dennis reveals his strategies for orange-pilling policymakers and driving pro-Bitcoin legislation to safeguard the rights of Bitcoin holders.