And LFC is still buying like a bandit today. Add another 5 years and he is probably still just wall observing. From his private island. And fucking deserves it for taking the risk.

I can feel it in my bones. Soon (tm).

One thing I am sure of, regarding a strategic 'crypto' reserve, it will be bitcoin only if they do. The US will not buy privately printed currencies.

They tweaked the smart contract UI to display in the UI a different address (an approved one) while instead the funds were sent to another address.

I am discussing it here:

ByBit hacked for 1.4Bln. Funds are Safu?

Strategy’s Michael Saylor says the US should aim to hold 20% of Bitcoin
“The real promise is if you own 4-6 million BTC, you’re going to pay off the national debt,” says the Strategy founder.

Strategy founder Michael Saylor has stressed the importance of America having a strategic Bitcoin reserve, suggesting that it should buy up 20% of the BTC network.

“There’s only room for one nation-state to buy up 20% of the network, and obviously, I think it should be the United States, I think it will be the United States,” Saylor said at the CPAC conservative movement conference in Washington DC on Feb. 20.

Source: https://cointelegraph.com/news/michael-saylor-us-buy-20-percent-bitcoin-cpac-conference

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Only America has said that it will hold 20% of Bitcoin, but every country should think about investing in Bitcoin in this way for the long term. Bitcoin is the only reliable coin that is the best investment opportunity, and it plays a huge role in the economy of the country, and if a country plans to pay off its debt, it is also possible through this Bitcoin. It is possible to make the entire nation prosperous by holding this Bitcoin, if you don't believe it, look at Michael Saylor.

Seems we have entered the tumbleweed zone. Six CBs in a row. Conclusion: Volatility ahead.

I find this to be retarded and just plain wrong. In fact, every sale of Bitcoin has a buyer, so if you're buying Bitcoin, you're buying it from someone selling it. That's not causing the network to be strengthened or weakened, the electricity that goes into mining strengthens the network.

[...]

Chad Saylor's pivot could probably be considered for the pivot of the century - from a middling software vendor to currently a leading Bitcoin company.

  👀

If you look at Strategy's stock zoomed out chart to the maximum, the last ATH it did was during then year 2000 - some us weren't out in the world yet. Haha. BUT it has surged to another ATH because of? Chad Saylor's Bitcoin investment strategy, which was very simple - Buy Bitcoin, and HODL.

[...]
I feel like I am getting rich pretty quick... even if we might take $1k as my average entry price.
[...]

Ugh... not holding my breath... with all the other massive shitcoinery signals I hope they can get this at least SOMEWHAT right.  I expect "diversity" which we all know is a mistake... and if that is the announcement then I will be mildly pleased.  It's the full on fumble I am scared of lol.

Kraken has been so focused that we’ve raised no more than $27 million in primary capital in our 14 years of existence.

During the year, clients entrusted us with $42.8 billion in assets on the platform and 2.5 million funded accounts. Total trading volumes in 2024 reached $665 billion and our average revenue per customer is now well over $2,000 – far surpassing any comparable stat we’ve seen from traditional or crypto exchanges.

we were one of the first to publish our Proof of Reserves – and while others have stopped, we’ve remained committed to publishing it regularly, ensuring the highest level of transparency and accountability.

Too early?

Rumble’s Bitcoin allocation strategy will include purchases, at the discretion of the company, of up to $20 million.

Unlike any government-issued currency, Bitcoin is not subject to dilution through endless money-printing, enabling it to be a valuable inflation hedge and an excellent addition to our treasury,