Strategic Bitcoin Reserve a Day One Decree?

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 now holds 2% of all BTC.

• Vancouver votes to study a Bitcoin treasury strategy.

• BlackRock recommends a 2% Bitcoin allocation for all investors.

Let’s dive in! ⚡

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LATEST NEWS 📰

🙌 ADOPTION

• Bitcoin ETF ads have been spotted on Alipay, China’s leading payment app with over 1 billion users.

• BlackRock recommends a 1-2% allocation to a Bitcoin ETF, noting that this exposure carries a similar risk profile to the Mag 7 tech stocks in a standard 60/40 portfolio.

• Ray Dalio strongly advocates investing in Bitcoin while avoiding debt assets, warning of an impending “debt money problem” in global finance.

⚖️ LEGAL

• According to Forbes, Trump confirms plans for a Strategic Bitcoin Reserve, a move that some speculate could trigger Bitcoin’s market value reaching $15 trillion.

• Rumors are swirling after Jack Mallers’ appearance on TimCast that Trump may issue an executive order on day one, designating Bitcoin as a Strategic Reserve Asset.

• State Rep. Giovanni Capriglione officially proposes a Strategic Bitcoin Reserve for Texas, allowing the state to accept taxes and donations in Bitcoin without directly purchasing it.

📈 MARKETS

• Australia’s $56 billion asset manager, AMP, purchases $27 million worth of Bitcoin.

• Indian company Jetking’s stock surged 20% after unveiling its corporate Bitcoin strategy.

• The National Center for Public Policy Research proposes that Amazon consider adding Bitcoin to its $88 billion treasury strategy, recommending the topic be addressed at the company’s April 2025 shareholder meeting.

⛏️ MINING

• Africa’s share of the global Bitcoin hashrate surged from 0.25% in 2023 to over 3% in 2024.

• MARA acquires 11,774 BTC for approximately $1.1 billion, increasing its treasury to 40,435 BTC and cementing its position as the world’s second-largest corporate Bitcoin holder.

• Riot issues $525 million in convertible bonds and acquires 5,117 BTC, bringing its total holdings to 16,728 BTC.

🗳️ POLITICS

• Vancouver City Council a motion to explore adopting a Bitcoin treasury strategy after hearing from over 20 Bitcoin advocates during the meeting.

• Russian Parliament Deputy Anton Tkachev proposes the creation of a Strategic Bitcoin Reserve for Russia.

• El Salvador celebrates the grand reopening of its historic capital city center with a festive event, featuring a Bitcoin-themed Christmas tree.

BAMS 2 SATS 🧢

Another thrilling week in Bitcoin, with more companies adding to their reserves or announcing plans to join the trend. In response, Bitcoin’s price has soared back above $100,000 and remains stable—a milestone that still feels almost surreal.

As expected, MicroStrategy made another major purchase of 21,550 BTC, bringing its total holdings to 423,650 BTC—over 2% of the entire Bitcoin supply. The company has also secured its spot in the NASDAQ 100, a breakthrough poised to trigger significant passive inflows into its stock, including an immediate $2.1 billion boost upon its official addition on December 23.

Traditional finance analysts are growing uneasy about this “strategic play,” insisting it “must” end badly.

They argue that taking on significant debt to buy Bitcoin is unsustainable—while ignoring the fact that MicroStrategy is pioneering unique financial products, like its convertible debt offerings, which provide Bitcoin exposure to market segments that previously had no access.

While some in traditional finance criticize Bitcoin, the biggest player in the game, BlackRock, released a report this week advocating for a 2% Bitcoin allocation for everyone.

The report highlights Bitcoin’s key attributes: “Instant transactions across borders, accessible to anyone, decentralized, and immune to government control over supply.”

As of last quarter, BlackRock managed $11.47 trillion in assets. If they followed their own advice and allocated just 2% to Bitcoin, it would inject over $220 billion into the only asset with a strictly limited supply.

Imagine the impact on Bitcoin’s price if—or when—this becomes reality.

The criticism of MicroStrategy’s approach often reveals a fundamental misunderstanding of Bitcoin’s core properties. In my view, skeptics fail to grasp what Bitcoin truly represents.

People accumulate Bitcoin not because BlackRock endorses it or because Trump might propose a Strategic Reserve that could spike demand. They do so because they’re waking up to a simple truth: they shouldn’t spend their lives earning something that others can print at will.

At the end of the day, it all comes back to first principles—not whether your neighbor owns the asset.

Finally, brace yourself for yet another MicroStrategy Bitcoin purchase announcement—likely to drop just an hour after this newsletter. It’s becoming a pattern: Michael Saylor often reveals new Bitcoin acquisitions for MSTR on Monday, right after sharing this particular chart on Sunday:

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

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