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The Bitcoin Business Newsletter

For leaders who need to stay informed.

April 24, 2025

By Sovreign

Key Insight

This week's key insight is written by Felipe Muñoz.

Compared to the global economic order it is trying to disrupt, Bitcoin is incredibly young. The long, deep roots of traditional institutions still largely power the cogs that operate the global financial machine.

The developments in this industry are consistently favorable. More players and investors are entering the market. Governments are becoming cooperative. The efforts put into educating the masses are reaching more and more people. Skepticism is declining. Curiosity is rising.

Every day, individuals from all walks of life are enrolling in the Bitcoin Revolution, driven by a shared vision of financial freedom and sovereignty. From small-scale savers to visionary entrepreneurs, these pioneers are not just investing in a currency but in a belief—a belief that a fairer, more inclusive economic future is possible. Their stories of resilience and hope fuel the movement, proving that Bitcoin is more than code; it’s a catalyst for change, uniting dreamers who dare to reimagine the world.

But bitcoin is still young.

Be patient. Enjoy life. Stack sats. 

Satoshi's Per US Dollar: 1170

Fear and Greed Index: Greed (72/100)

Stock-to-flow Price of Bitcoin: $646,150

Bitcoin's total market capitalization: $1.86T

Bitcoin's dominance in the overall cryptocurrency markets sits at 69.1%

Logarithmic Growth Curve suggests Bitcoin is currently: Undervalued!

Treasury Adoption Updates and News:

Bitcoin Well logo PNG

This week’s newsletter is brought to you by Bitcoin Well.

Bitcoin Well is the leading platform for buying and selling Bitcoin in Canada and the US. With Bitcoin Well Infinite, you can now make large purchases of over $50,000 through their OTC desk. Their white-glove service provides fast transactions with no slippage and the lowest fees in the market.

Top News Stories

Cantor Fitzgerald, Tether, SoftBank, and Bitfinex Plan Multi-Billion Bitcoin Venture

Cantor Fitzgerald, Tether, SoftBank, and Bitfinex are launching a three billion Bitcoin investment firm called 21 Capital.

Bitcoin Now 5th Most Valuable Asset Globally – Bitbo

Bitcoin's market cap has surged past Alphabet, silver, and Amazon, making it the fifth most valuable asset in the world at over $1.8 trillion.

Bitcoin ETFs See Biggest Inflows Since January – Bitbo

U.S.-listed Bitcoin ETFs recorded $381.3 million in net inflows on April 21, marking their strongest day since January.

Arizona Advances Bitcoin Reserve Bill with SB 1373 – Bitbo

Arizona's SB 1373 bill, aiming to establish a state-managed digital assets reserve, passed a House committee and awaits a full vote.

Metaplanet Now Holds 5,000 BTC, Achieves 121.1% BTC Yield

Japanese firm Metaplanet adds 145 BTC to treasury, achieving a 121.1% BTC Yield Year-to-Date in 2025.

Other Noteworthy News

🏛️Trump Criticizes Fed as Dollar Hits 3-Year Low

🌐China says no ongoing trade talks with the U.S., calls for canceling ‘unilateral’ tariffs

🧭Binance Advising Nations on Bitcoin Reserve Strategy

🟠Charles Schwab to Offer Spot Bitcoin Trading by 2026

How Local Businesses Can Use Bitcoin For Payments

Local businesses can boost revenue, reduce fees, and hedge against inflation by accepting Bitcoin payments. This guide covers the benefits, setup process, and best practices for seamless adoption.

Local businesses can attract loyal customers, cut fees, and preserve value by accepting Bitcoin, with this guide explaining benefits, setup steps, and tools for smooth integration.

Over 13000 Institutions Now Exposed to Bitcoin Through Strategy

Strategy now holds over 531,000 BTC and has become a key bridge between Wall Street and crypto. Meanwhile, Robert Kiyosaki and other financial figures

Over 13,000 institutions now access Bitcoin via Strategy, as top investors forecast $1M BTC and Schwab plans spot trading by 2026.

Why Every Company Needs a Bitcoin Treasury with Joe Consorti

The Bitcoin Business Podcast · Bitcoin is no longer just a personal hedge—it’s fast becoming a strategic business asset. In this episode, I’m joined by Joe Consorti, Head of Growth at Theya, a self-custody Bitcoin platform and the first Bitcoin-only company backed by Y Combinator.

Building Real Wealth on a Bitcoin Standard | Mitch Moore

The Bitcoin Business Podcast · Bitcoin is no longer just a personal hedge—it’s fast becoming a strategic business asset. In this episode, I’m joined by Mitch Moore, founder of Strong Wealth, a financial planning firm dedicated to helping Bitcoiners protect and grow their wealth.

Chart of the Week

Global Liquidity (M2) vs Bitcoin Price

The Global Liquidity chart compares the growth of global M2 money supply—reflecting available money from major central banks—with the price of Bitcoin.

Some of the banks tracked include the Federal Reserve, ECB, and PBOC. The calculation of Global M2 also incorporates additional metrics like the Fed’s liabilities and reverse repos for a more complete measure of liquidity.

Source: Bitcoin Magazine Pro

“With Bitcoin, every transaction is publicly verified, so many risks are eliminated, including chargeback fraud or 'friendly fraud.' This is when a customer purchases something online with a credit card; waits to receive the goods or service, then requests a chargeback refund. The bank then forcibly takes the funds out of the merchant's account.”

– Perianne Boring