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The Bitcoin Business Newsletter

For leaders who need to stay informed.

June 12, 2025

By Sovreign

Key Insight

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

Friendly reminder: No matter how many times China criminalized Bitcoin transactions, Bitcoin survived and operated normally and as intended. When the EU decides to do the same, there will be a similar result. Why?

Because Bitcoin has operated for more than 16 years without the permission of a centralized organization or nation state, the network never needed permission. Those entities that have had a firm grip on the evolution of money for generations are pretending (or wrongly believe) they can control Bitcoin, too. Overdue news flash: they can’t.

As Trump's spending bill will increase the national debt, sparking a feud with Elon Musk, long-time Bitcoin advocate Samson Mow is advising Musk to force a hard-money standard on the money printers by offering customers and clients discounts for purchases made in Bitcoin, saying “this is not financial advice, it’s freedom advice”.

For the first time in human history, we have money that can’t be manipulated by states and governments.

Genuinely: What are you waiting for to finally start learning?

It’s free to study. We’ll kickstart your journey. Email us now: https://www.sovreign.io/contact

Satoshi's Per US Dollar: 921 (-3.56%) 

BTC Price in Gold Ounces: 32.72 (3.90%)

Fear and Greed Index: Greed (72/100)

Stock-to-flow Price of bitcoin: $876,433 (+3.97%)

Bitcoin's total market capitalization: $2.16T (+3.85%)

Bitcoin's dominance in the overall cryptocurrency markets sits at 63.2% (-0.16%)

Logarithmic Growth Curve suggests bitcoin is currently: Undervalued!

Treasury Adoption Updates and News:

  • Strategy buys 1045 Bitcoin, now holds 582,000 Bitcoin

  • KULR acquires an additional 118.6 Bitcoin, now holds 920 Bitcoin

  • Japanese fashion firm ANAP raises funds through additional stock sales to acquire Bitcoin

  • SEC filing shows American Bitcoin disclosed an acquisition of approximately 215 Bitcoin

  • Ukraine eyes Bitcoin, introduces bill to incorporate Bitcoin into its national reserves

  • A Canadian Securities Exchange-listed investment issuer, Belgravia Hartford Capital, makes its first Bitcoin purchase of almost 5 Bitcoin

  • Trump Media is seeking to register up to $12 billion in securities for its Bitcoin Strategic Reserve plan and roadmap

  • The Blockchain Group unveils $343 million plan to boost their Bitcoin Treasury Strategy

  • Apple’s $110 billion stock buyback program fails to boost stock performance, and Michael Saylor steps in to advise them about Bitcoin

  • Connecticut passes bill banning state investment in Bitcoin

  • Why approaching Bitcoin like a man in a coma is advisable: an interesting and eye-opening writeup by Marty Bent

Bitcoin Well logo PNG

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Top News Stories

KULR Technology Group to Sell Up to $300M in Stock to Grow Bitcoin Treasury and Joins Industry Initiative

KULR to sell up to $300M in stock to grow its Bitcoin treasury and joins the “Bitcoin for Corporations” initiative.

BlackRock’s Bitcoin ETF Reaches $70 Billion in Assets in 341 Trading Days Setting Industry Record

BlackRock’s IBIT hit $70 Billion in 341 days, the fastest ETF to do so amid rising Bitcoin demand.

TFTC Launches Opportunity Cost to Price the Web in BTC – Bitbo

The new Opportunity Cost browser extension lets users instantly view internet prices in bitcoin, aiming to boost understanding and adoption.

U.S. Inflation Rises 0.1% in May, Below Expectations – Bitbo

U.S. inflation increased by 0.1% in May, below the expected 0.2%, with an annual rate of 2.4%.

Metaplanet Plans Historic $5.4B Equity Raise to Buy 210,000 BTC

Metaplanet has accelerated its bitcoin acquisition program, aiming to hold 1% of the total bitcoin supply by 2027.

Other Noteworthy News

🏦Congressman Tim Burchett introduces a bill to turn Trump’s Strategic Bitcoin Reserve executive order into law.

🎮GameStop Plans $1.75B Notes Offering, Hints at Next Bitcoin Purchase

📃Digital Asset Market Clarity Act Heads to House Floor

📜Trump's Bitcoin Reserve Plan Sparks Price Surge

Recommended Article

The Blockchain Group Accelerates Bitcoin Treasury Strategy With €300M Raise

The Blockchain Group launches €300M ATM raise with TOBAM to scale its Bitcoin treasury—aimed at increasing BTC per share over time.

The Blockchain Group launches €300M ATM raise with TOBAM to scale its Bitcoin treasury—aimed at increasing BTC per share over time.

Wake Up, Neo: Bitcoin Is the Orange Pill w/ Eric V Stacks (WiM593)

The "What is Money?" Show · Eric V Stacks joins me to share his orange pill journey and how Bitcoin opened his eyes to the insanity of the current fiat clown world. We talk about new content coming to the WiM ecosystem, including Eric’s weekly show where he breaks down key Bitcoin events, current narratives, and the deeper principles driving the movement. We also explore what it means to BTC, “Be The Change”, and why Bitcoin isn’t a threat, but the foundation for a freer, more honest world.

News Block: Deficit Debate Erupts as Musk & Trump Clash, Latest Corporate Bitcoin Buys, Major Bank Recognizes BTC for Collateral

Coin Stories · In this week's episode of the Coin Stories News Block powered exclusively by Gemini, we cover these major headlines related to Bitcoin, macroeconomics, and global finance.

Chart of the Week

Bitcoin: Power Law

The Bitcoin Power Law Chart models Bitcoin’s long-term price as a predictable, time-based pattern following a power law, not random speculation.

Source: Bitcoin Magazine Pro

“The main idea with Brave is that you don't have to think about Bitcoin; you just have this frictionless payment system.”

– Brendan Eich