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The Bitcoin Business Newsletter

For leaders who need to stay informed.

June 05, 2025

By Sovreign

Key Insight

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

Recently, during the Reagan National Economic Forum in California, Jamie Dimon argued that the United States “should stockpile guns, bullets, tanks, planes, drones - you know, rare earths… not Bitcoin.”

Let’s ask the public: Do you believe more war, destruction, and death is the road towards peace?

Many leaders seem to believe that, as Jens Stoltenberg, former NATO leader, said during the WEF (World Economic Forum) assembly in 2023. “Weapons are the way to peace”.

In 1914, Britain funded WW1 entry despite public opposition by securing £100 million in secret loans from City of London banks, backed by colonial gold reserves, using emergency powers to bypass Parliament and fund the War Office. The US, initially neutral, leveraged Wall Street banks like J.P. Morgan to provide $2.5 billion in loans to Allies, profiting from interest and trade. Both nations used propaganda to justify intervention, citing treaty obligations and German aggression, to overcome public resistance.

In 1939, Britain funded its entry into WW2 despite limited public enthusiasm by tapping its financial reserves and international credit. Chancellor John Simon secured loans from private banks and issued war bonds, backed by the Bank of England’s gold reserves and colonial assets. Emergency powers enabled rapid fund allocation to the War Office for rearmament and mobilization, bypassing parliamentary delays.

And so, world leaders learned they could fund wars through deception and effortless money printing, leaving future generations picking up the bill for the calamity.

When Bitcoin becomes the reserve currency, the road to peace will be diplomacy, compromise, mutual benefits and rationality. Why?

On a Bitcoin standard, war is unprofitable: governments can’t inflate currency to fund bloodshed, as Bitcoin’s 21-million-coin cap blocks money printing. Military budgets would demand brutal taxation or slashing public services, sparking citizen backlash.

Bitcoin’s transparent blockchain exposes covert war funding, killing secretive campaigns—contrary to Jens Stoltenberg and Jamie Dimon’s war-friendly rhetoric, Bitcoin enforces peace through financial discipline.

Satoshi's Per US Dollar: 955 (3.35%)

BTC Price in Gold Ounces: 31.49 (-6.33%)

Fear and Greed Index: Greed (57/100)

Stock-to-flow Price of bitcoin: $843,021 (+4.57%)

Bitcoin's total market capitalization: $2.08T (-3.26%)

Bitcoin's dominance in the overall cryptocurrency markets sits at 63.3% (+0.80%)

Logarithmic Growth Curve suggests bitcoin is currently: Undervalued!

Treasury Adoption Updates and News:

  • Metaplanet buys another 1088 Bitcoin

  • Strategy buys another 705 Bitcoin

  • The Blockchain Group buys 624 Bitcoin

  • Semler Scientific buys another 185 Bitcoin

  • Norway has their first publicly listed Bitcoin Treasury Firm; NBX

  • K-Pop firm K Wave Media to raise $500 million for Bitcoin purchase

  • The Panama Canal eyes Bitcoin as possible payment option

  • Canadian clean energy developer Solarbank integrates Bitcoin Treasury Strategy

  • Everyone can now follow the wallet movements of Jack Mallers’ Bitcoin Treasury start-up Twenty One through this wallet. Simply paste it into any block explorer: bc1q8qpfmpf6hcu3tgfvp8dgtf534rws8uhsl9vtk6p2f3r2gnqdz5sqxmty6q

  • Long-time Bitcoin advocate Marty Bent shares his picks for top speeches during Bitcoin 2025 in Las Vegas

  • Less than 0.1% of Meta shareholders supported a proposal to convert part of their treasury into Bitcoin

  • Confusion surrounds Pakistan’s recent announcement about a Strategic Bitcoin Reserve, despite White House visit

  • Hong Kong firm Reitar Logtech is negotiating a strategic acquisition of $1.5 billion worth of Bitcoin for the purpose of diversification

Bitcoin Well logo PNG

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Top News Stories

Metaplanet Becomes Eighth Largest Bitcoin Holder

Metaplanet now holds over 8,888 Bitcoin after a $117.9M purchase, making it the eighth largest public Bitcoin holder.

Moscow Exchange Launches Bitcoin Futures Amid Rising Institutional Demand

Moscow Exchange launched Bitcoin futures tied to IBIT, offering regulated exposure to qualified Russian investors amid rising demand.

Adam Back Commits SEK 21 Million to H100 Group’s Bitcoin Treasury Strategy

Adam Back committed SEK 21 million to H100 Group with the option to expand to SEK 277 million through a Bitcoin-linked loan.

California Advances Bill to Accept Bitcoin for State Fees – Bitbo

California's Assembly has unanimously passed a bill to allow Bitcoin payments for regulatory fees, sending it to the Senate for approval.

Farage Pledges UK Bitcoin Reserve, Tax Cuts – Bitbo

Nigel Farage promised a Bitcoin reserve, tax reform, and anti-debanking laws if Reform UK wins the next general election.

Other Noteworthy News

🏦Twenty One Capital Receives 37,000 BTC in Pre-Funding

💼Trump Media (DJT) has raised $2.44B in a private placement to create a Bitcoin treasury

Recommended Article

How Strategy (MSTR) Built Their Capital Stack To Accelerate Bitcoin Accumulation

Strategy (MSTR) engineered a multi-layer capital stack to accelerate Bitcoin accumulation—tailoring instruments to raise capital without compromise.


Saifedean: Is Bitcoin Nearing Cycle Top? Corporate Treasuries, Wealth Concentration & Gold Standard

Coin Stories · Natalie Brunell is joined by Saifedean Ammous, economist and author of The Bitcoin Standard, for a deep-dive conversation on sound money, Bitcoin’s future, and his upcoming book, The Gold Standard.

#624: Building the Bitcoin Banking Stack with Adam Back and Sean Bill

TFTC: A Bitcoin Podcast · Marty sits down with Adam Back (CEO of Blockstream) and Sean Bill (CIO at Blockstream) to discuss institutional Bitcoin adoption, the evolution from cypherpunk ideals to financial infrastructure, pension fund investment strategies, the emergence of Bitcoin-collateralized lending products, and the development of second-layer solutions like Lightning Network and Liquid that are building the foundation for a Bitcoin-native banking system.

Chart of the Week

Bitcoin Investor Tool: 2-Year MA Multiplier

The 2-Year MA Multiplier shows when buying below the 2yr MA or selling near 5x the 2yr MA has historically led to strong returns.

Source: Bitcoin Magazine Pro

“Bitcoin is valuable as a currency because of the economic efficiencies the bitcoin network is already creating as transactions flow over it. As with the Internet, more applications will flourish which will make the bitcoin network, and thus bitcoin as a currency, valuable.”

– Fred Ehrsam