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The Bitcoin Business Newsletter

For leaders who need to stay informed.

May 08, 2025

By Sovreign

Key Insight

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

Predictions are getting bolder. The acquisition of Bitcoin is accelerating. Stagflation fears are intensifying.

Bitcoin market cap is increasing again. States are passing bills that allow them to purchase and hold Bitcoin. Companies that started off showing the way are continuing to show the way.

This week, I'm struggling to identify a valuable story or viewpoint for you. Data saturation might be in play here.

Having a clear stance on Bitcoin—whether to invest or steer clear—is a respectable choice. It shows you've made a decision. Staying undecided, however, suggests a lack of commitment to understanding it, which I find less admirable. With the wealth of information available, there's no excuse for not researching something that could impact your financial future and your business. Choosing ignorance over study isn’t a respectable path.

Getting started with a free Bitcoin strategy call with one of our advisors is open to anyone willing to make the jump. We'll address your questions and assist wherever possible. After the call, there are no obligations, commitments, or deals—unless you choose to move forward.

Heck, don’t take advantage of the free calls we offer. Just get to studying! Make a decision.

Satoshi's Per US Dollar: 1030

Fear and Greed Index: Greed (67/100)

Stock-to-flow Price of bitcoin: $702,988

Bitcoin's total market capitalization: $1.93T

Bitcoin's dominance in the overall cryptocurrency markets sits at 64.4%

Logarithmic Growth Curve suggests bitcoin is currently: Undervalued!

Treasury Adoption Updates and News:

  • Strategy buys another 1895 Bitcoins

  • Metaplanet adds 555 Bitcoins to treasury

  • Semler Scientific adds 167 Bitcoins to treasury

  • KULR acquires another 42 Bitcoins

  • New Hampshire becomes the first State to pass a Strategic Bitcoin Reserve bill

  • Arizona becomes the second State to pass a Strategic Bitcoin Reserve bill

  • AdTech company Thumbzup is offering $200 million in stocks, warrants, units, and rights to amplify their Bitcoin holdings of $1.8 million significantly

  • El Salvador’s ambitious tech vision positions it as a compelling case study to watch in the next decade.

  • Fidelity director sees bitcoin and gold as “different players on the same team”

  • Tim Draper urges bitcoin readiness amid currency collapse fears

Bitcoin Well logo PNG

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

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Top News Stories

New Hampshire Becomes First U.S. State To Approve Strategic Bitcoin Reserve

New Hampshire is the first U.S. state to authorize its treasurer to invest in Bitcoin as part of a strategic reserve.

Strategy Reports $180 Million Bitcoin Purchase and Expands Capital Plan

Strategy bought 1,895 Bitcoin for $180M, with $5.8B in 2025 gains and an $84B capital plan for more purchases.

Grayscale Launches ETF for Bitcoin Treasury Firms – Bitbo

Grayscale has introduced the BCOR ETF, targeting companies that use Bitcoin for treasury diversification and inflation hedging.

Other Noteworthy News

📍Roswell NM Launches World’s First Municipal Bitcoin Strategic Reserve

📃U.S. Treasury Misses Bitcoin Reserve Deadline

📜North Carolina House Passes Bitcoin Investment Bill

🏦Strike Launches Bitcoin-Backed Lending Program

🌏Taiwan Considers Bitcoin Reserve Strategy Amid Currency Volatility

📈35 out of 50 states have introduced pro-Bitcoin legislation in the last year

🌐Metaplanet is launching a U.S. subsidiary in Miami, Florida — Metaplanet Treasury Corp.

💠Senator Lummis Says Trump Supports Her Bitcoin Act That Could Erase U.S. Debt

Recommended Article

8 Key Takeaways In Bitcoin Treasury Strategy From The Strategy (MSTR) Q1 Earnings Call

Strategy (MSTR)’s Q1 call revealed 8 capital strategies—from BTC yield to fixed income tools—reshaping how companies run a Bitcoin treasury.

This article outlines how Strategy (MSTR) is scaling a Bitcoin treasury using institutional tools to turn volatility into long-term capital advantage.


Donovan Gibson on Bitcoin, Education, and Low Time Preference

The Bitcoin Business Podcast · Bitcoin isn’t just for Wall Street—it’s for the classroom, the family, and the future of business. In this episode, Jeff Newman is joined by Donovan Gibson, a fellow Sovreign consultant, father, former college soccer coach, and one of the few people who’s actually taught Bitcoin inside a university.

Parker Lewis - Orangepilling The Masses | BRP 2

B Reel Podcast · In this long-form interview, Parker Lewis — noted Bitcoin advocate and former hedge fund professional — joins me for a wide-ranging discussion on the structural problems facing the global financial system and the growing case for Bitcoin as a long-term solution.

Chart of the Week

Bitcoin: Treasury Treemaps

This chart introduces interactive treemaps that visualize the Bitcoin holdings of publicly listed companies across the U.S., Canada, and the rest of the world, highlighting the rise of Bitcoin as a strategic corporate treasury asset.

Source: Bitcoin Magazine Pro

“We really think of Bitcoin as a global, interoperable payment network instead of a store of value.”

– Jeremy Allaire