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The Bitcoin Business Newsletter

The Bitcoin Business Newsletter

For leaders who need to stay informed.

May 22, 2025

By Sovreign

Key Insight

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

Throughout our lives, we’ve worked hard, studied, invested, taken risks, and innovated to support our livelihoods and our families. Those with the ability to produce, manufacture, or create have done so with shared hopes: to build something valuable and live a peaceful, happy life with our loved ones.

In sharp contrast, central banks can create dollars, pesos, crowns, pounds, or euros with ease, without working hard, studying, risking, or innovating, thus devaluing the currency we’ve worked so hard to earn.

JPMorgan CEO Jamie Dimon has long profited from inflation. To clarify, when banks issue loans to clients, they don’t rely on accounts holding billions of dollars; instead, they generate loans and earn interest on them.

This means that the money loaned to a client seeking, say, a few hundred thousand dollars to buy a home or millions of dollars to invest in stocks or different ventures, that money is created out of thin air. The money is generated with minimal effort.

Yes, banks have the privilege to earn interest on money that doesn’t exist.

So when Jamie finally decides to “allow clients” to buy Bitcoin, I can’t help but feel a deep sense of gratitude for the ground-breaking innovation that Bitcoin is.

Neither Jamie Dimon nor his banking peers can create Bitcoin without expending real-world energy, value, and assets. More importantly, we’ve never needed their permission to buy Bitcoin.

His opinion is, thankfully, a beautiful example of the definition of the word ‘worthless’.

We can credit Satoshi Nakamoto for that.

Satoshi's Per US Dollar: 909 (-6.39%)

BTC Price in Gold Ounces: 32.94 (+0.091%)

Fear and Greed Index: Greed (74/100)

Stock-to-flow Price of bitcoin: $757,044 (+2.52%)

Bitcoin's total market capitalization: $2.19T (+6.83%)

Bitcoin's dominance in the overall cryptocurrency markets sits at 63% (+2.27%)

Logarithmic Growth Curve suggests bitcoin is currently: Undervalued! (No change)

Treasury Adoption Updates and News:

Strategy buys 7390 Bitcoins for Treasury
KULR buys 83 Bitcoins for Treasury
UK company Vinanz buys almost 17 Bitcoins for Treasury
Metaplanet adds 1004 Bitcoins to Treasury
Restaurant Group A1 Abraaj becomes the first Middle Eastern public firm to adopt a Bitcoin Treasury Strategy
Brazilian cashback company Meliuz becomes the first Latin American public firm to establish a Bitcoin Treasury Strategy, holding 320 Bitcoins
Abu Dhabi sovereign wealth fund increases exposure to BlackRock ETF, holdings now worth $408.5 million
The Strategy of Asia has arrived as AsiaStrategy, previously Top Win International, aims at building a Bitcoin Treasury
Hong Kong-founded, New York-listed company Dayday Cook (DDC) unveils plans to acquire 5000 Bitcoins by 2028
Basel Medical unveils plan to acquire $1 billion worth of Bitcoin
Heritage Destilling, a craft distilling company, implements an option to accept Bitcoin to hold it as a strategic asset
Publicly traded Fintech firm Digiasia sees share value almost double after revealing plans to purchase $100 million worth of Bitcoin

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

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