The Future of Bitcoin Adoption Begins Now

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:

• US gov set to return nearly 100,000 BTC to Bitfinex.

• Trump is expected to issue executive orders related to Bitcoin.

• Several states introduce legislation to establish Strategic Bitcoin Reserves.

Let’s dive in! ⚡

We’ve got you covered.
Azteco Bitcoin Vouchers are private!

LATEST NEWS 📰

🙌 ADOPTION

• A Santander Bank report highlights El Salvador’s booming tourism, driven by Bitcoin adoption. In 2024, the country welcomed 3.9M tourists—a 22% YoY increase and nearly double 2013-2016 levels.

• Intesa Sanpaolo, Italy's largest bank, starts buying Bitcoin, marking a €1M purchase for 11 BTC to build infrastructure for anticipated demand from high-net-worth clients.

• Orange Pill App, a Bitcoin-focused social network, has launched a crowd-sourced seed round on Thunder Funder.

⚖️ LEGAL

• US government government plans to return Bitcoin recovered from the 2016 Bitfinex hack. The 94,000 BTC, is now worth ~$9.4B—reducing the amount proposed for a Strategic Bitcoin Reserve by nearly half.

• Traders on Kalshi give Ross Ulbricht a 79% chance of being pardoned within Trump’s first 100 days, far higher odds than Trump allies like Steve Bannon (32%) or Rudy Giuliani (25%).

• Texas, Wyoming, Massachusetts, and Arizona all introduced Strategic Bitcoin Reserve bills in the past week.

📈 MARKETS

• BlackRock launches its Bitcoin ETF, $IBIT, on the CBOE in Canada.

• Hong Kong-based Ming Shing Group, a plastering and brick works company, purchases 500 Bitcoin.

• Genius Group announces a $33 million rights offering and seeks an additional $20 million in loan financing to expand its Bitcoin treasury from $35 million to $86 million.

⛏️ MINING

• Bitcoin network difficulty reaches a new all-time high of 110.4T, solidifying its position as the strongest computer network in the world.

• New peer-reviewed research in the International Journal of Electrical Power & Energy Systems finds Bitcoin mining acts as a “virtual energy storage system” for microgrids and helps “decarbonize power production.”

• A pleb miner shares his journey of running 26 machines, earning $2.6K monthly, and stacking a total of 3.32 BTC. He provides the full story, along with tips, tricks, and recommended providers for others to learn and follow.

🗳️ POLITICS

• Donald Trump is expected to issue executive orders on his first day in office concerning Bitcoin and crypto. According to Bloomberg, Trump plans to designate “crypto” as a national priority. Let’s hope it’s focused solely on Bitcoin.

• President Bukele announces that the Salvadoran government will cover electricity and water bills for 95% of the population in January.

• Malaysia’s Prime Minister urges the central bank and treasury to study Bitcoin and crypto to ensure the country “doesn’t get left behind.”

BAMS 2 SATS 🧢

Over the past four years, several companies have adopted Bitcoin Strategic Reserves within their treasuries. Previously, you might not have noticed this trend, but now it’s hard to miss—new companies are adding Bitcoin to their reserves almost weekly.

Today, over 70 publicly traded companies hold Bitcoin on their balance sheets. The incoming U.S. administration has expressed support for “innovation” in crypto—which, in my view, includes promoting scams like the $TRUMP meme coin launched last Friday at the inaugural Crypto Ball.

If you’ve been following us and staying informed about Bitcoin, I’m confident you won’t be distracted by all that noise. Together, we’ll stay focused on the signal.

And the signal?

It’s all over mainstream media now. Even The New York Times reports that Trump is considering “a government program to buy and hold billions of dollars in Bitcoin on Day 1,” citing documents from the Bitcoin Policy Institute.

We may soon find out if this is true. Either way, remember: Bitcoin’s fundamental value drives nation-states to adopt it—not the other way around. Capisci?

With this in mind, there may be little time left before Bitcoin sees a massive price surge. Fewer and fewer people seem willing to part with their coins while MicroStrategy continues its relentless weekly purchases without pause.

It looks like this Monday will continue the 10-week streak of stacking.

Stay safe and keep on stacking!
Bam

Bitcoin-Only Strategic Reserve? Right!?

Did Trump betray Bitcoiners by agreeing to add XRP to the strategic reserve?

Turns out, it was all “self-serving rumors” spread by the Ripple team—after Trump tore into them for failing to back his campaign.

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