Bitcoin

I have FBTC that I bought when ETFs first hit, but been buying BTC (grayscale mini) for its lower fees and cheaper shares since it became available. I own these in my IRA.
 
MountainTracker said:
View attachment 870682


Better strap on things are about to get wild.


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Jack Mallers will be the CEO of 21:

Tether, SoftBank Group, and Jack Mallers Launch Twenty One, a Bitcoin-native Company, Through a Business Combination With Cantor Equity Partners – Company Announcement - FT.com

The latest company information, including net asset values, performance, holding & sectors weighting, changes in voting rights, and directors and dealings.
markets.ft.com markets.ft.com
 
fmyth said:
ARK Invest updates their 2030 #Bitcoin price prediction to $2.4 million:
bitcoinmagazine.com

ARK Invest Raises 2030 Bitcoin Bull Case Price Target To $2.4 Million

ARK Invest unveils updated 2030 price targets for Bitcoin, projecting a bull case scenario of $2.4 million per coin, fueled by institutional demand and broader adoption across financial sectors.
bitcoinmagazine.com bitcoinmagazine.com
Click to expand...

I don't put too much stock in ARK's crypto projections, but, if they are correct, $4,400 worth of Bitcoin purchased at an average price of $100,000 would yield ~$100k of value in 5 years. That's crazy to consider.
 
In a 13F filing this morning, Brown University reported owning 105,000 shares of the IBIT Bitcoin ETF as of March 31, valued at $4.9 million. This is a new position, which means it was acquired in January, February or March. The total value of all 14 positions in the filing is $216 million. This is an important one.

Filing:
 
Anyone wonder when this is going to implode? It's interesting, but to me more akin to gambling than it is investing. That Saylor guy is really scary......
 
pacoalcracker said:
Anyone wonder when this is going to implode? It's interesting, but to me more akin to gambling than it is investing. That Saylor guy is really scary......
Click to expand...
It's not going to implode. It's been around for 16 years and has a 2 trillion dollar market cap. There are currently 91 publicly traded companies with Bitcoin on their books. The United States has created a Strategic Bitcoin Reserve. Sovereign Wealth Funds are purchasing billions of dollars worth of Bitcoin. The second largest insurance company in the World has now invested in Bitcoin. The Federal Reserve has now given FDIC insured banks the green light to offer Bitcoin services. Soon the United States will begin to purchase Bitcoin to add to its reserve which will set off an arms race for all of the other G20 countries to scramble to buy Bitcoin.

The only thing that will implode is heads, when the price of Bitcoin reaches 1 million USD.
 
New Hampshire

c08868837e8fd2cd3b72969d0797e4f0.jpg



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Asset Entities, a technology firm specializing in social media marketing and content delivery across platforms, announced today it has entered into a definitive merger agreement with Strive Asset Management, backed by Vivek Ramaswamy, to create a public Bitcoin treasury Company.

The combined entity, operating under the Strive brand and retaining its Nasdaq listing, will focus on maximizing Bitcoin exposure per share and aims to outperform Bitcoin over the long term.

Structured as a reverse merger, the transaction is expected to provide the new entity with immediate access to an effective shelf registration statement, allowing it to begin raising capital promptly after closing.

The company plans to raise up to $1 billion in capital through equity and debt offerings following the merger.

As per the announcement, proceeds will be used to accumulate Bitcoin on a strategic, accretive basis, positioning the firm alongside a growing cohort of US public companies integrating Bitcoin into their balance sheets.




www.prnewswire.com

STRIVE ASSET MANAGEMENT TO COMBINE WITH ASSET ENTITIES (NASDAQ: ASST) TO FORM FIRST PUBLICLY TRADED ASSET MANAGEMENT BITCOIN TREASURY COMPANY

The company aims to maximize Bitcoin exposure per share over the long run, including through novel financial strategies not previously used by other Bitcoin...
www.prnewswire.com www.prnewswire.com
 
David Bailey, CEO of BTC Inc. and a Trump crypto advisor, has raised $300 million to launch a publicly traded bitcoin investment company.
Funding for the new company, named Nakamoto, will include $200 million in equity and $100 million in convertible debt.
Bailey’s venture joins a growing wave of bitcoin-focused public firms, including Jack Mallers’ new SoftBank-backed company, Twenty One.

 
fmyth said:
David Bailey, CEO of BTC Inc. and a Trump crypto advisor, has raised $300 million to launch a publicly traded bitcoin investment company.
Funding for the new company, named Nakamoto, will include $200 million in equity and $100 million in convertible debt.
Bailey’s venture joins a growing wave of bitcoin-focused public firms, including Jack Mallers’ new SoftBank-backed company, Twenty One.

Click to expand...

Also from the article.

“It will focus on acquiring and holding bitcoin and is set to merge with an existing Nasdaq-listed company in a transaction that’s expected to be announced early next week”

Basically the next ASST and CEP. Once it is announced it will pump.


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MountainTracker said:
Also from the article.

“It will focus on acquiring and holding bitcoin and is set to merge with an existing Nasdaq-listed company in a transaction that’s expected to be announced early next week”

Basically the next ASST and CEP. Once it is announced it will pump.


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Do you know the symbol that it’s trading under? If it follows suit, buy now sell in like 36 hours.
 
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