Join us as we celebrate our 100th podcast episode.
Thank you to the thousands of our loyal listeners
on Spotify, Nostr, Fountain, Nostr .build, Apple
iTunes, who tuned in, zapped sats, and supported
us with value for value these past two seasons.
Shout out to Mickey, Bitcoin Sandy, Nosehole,
Demetri at Wondercraft, and all of our coffee
chain pleb amigos on Nostr and everywhere else
on the interwebs. We look forward to bringing
you even better Bitcoin. and other great content
in 2025 and wish you and your family the best
this holiday season and on into the new year.
Hello and welcome to another exciting episode
of the Bitcoin Street Journal podcast. I'm your
host Anna and today we've got a packed show filled
with major developments, jaw dropping moves and
a whole lot of Bitcoin related drama. Whether
you're a crypto enthusiast, a financial analyst
or just someone trying to stay ahead of the curve
in the world of digital assets, you're in the
right place. Today, we're going to dive deep
into some truly groundbreaking news. MetaPlanet
has just issued 4 .5 billion yen, or roughly
$29 million, in bonds to accelerate its Bitcoin
purchases, moving up its original 2025 timeline.
But that's just the tip of the iceberg. We've
also got updates on SEC Commissioner Caroline
Crenshaw's non -renomination, a major shift in
Bitcoin ETF holdings. and the latest market drama
as Bitcoin hits new all -time highs. So sit tight
as we break it all down. You won't want to miss
this. MetaPlanet makes a bold bet accelerating
Bitcoin acquisitions with a bond issuance. Let's
start with the big headline out of Japan. MetaPlanet,
a prominent tech conglomerate, has just issued
4 .5 billion yen, $29 million, in bonds. But
it's not just any typical corporate bond issuance.
This is part of a larger strategy to accelerate
its Bitcoin purchases, a plan that was originally
scheduled for 2025. So why is this important?
Well, this move signals that MetaPlanet is seriously
betting on Bitcoin's future, and they're not
waiting around for 2025 to roll around. With
Bitcoin trading around its all -time high of
$108 ,000, MetaPlanet clearly believes that the
time to buy is now. But here's the kicker. These
bonds will be redeemed with proceeds from the
company's moving strike warrants, which are set
to be exercised soon. For those of you unfamiliar
with moving strike warrants, they're essentially
financial instruments that allow MetaPlanet to
lock in favorable terms to acquire Bitcoin at
a future date, making this bond issuance essentially
a preemptive move to take advantage of those
future gains. What's next? The option for more
bonds? But wait, there's more. MetaPlanet has
also included the option to issue an additional
5 billion yen, 32 million dollars, in bonds,
which could further ramp up their Bitcoin acquisitions
in the coming months. This gives them flexibility
to buy even more Bitcoin, further cementing their
position as a major player in the crypto world.
For those watching closely, this is just another
indication of how corporations are increasingly
adopting Bitcoin as part of their treasury strategy.
And when you combine this with the growing number
of Bitcoin ETFs holding more than 1 .3 million
BTC globally, it's clear that the world is shifting
toward a Bitcoin -first mentality. MicroStrategy's
Michael Saylor, the Bitcoin advocate who won't
back down. As MetaPlanet makes its big move,
we can't talk about Bitcoin's institutional adoption
without mentioning Michael Saylor and his company,
MicroStrategy. Saylor has been one of the most
vocal and consistent advocates for Bitcoin. and
his latest comments are absolutely golden. In
a viral moment that's now being dubbed the Thug
Life Mic Drop, Saylor made it clear that he's
tired of hearing accusations that MicroStrategy
is running a Ponzi scheme because of its massive
Bitcoin holdings. To those who've been critical
of MicroStrategy's Bitcoin strategy, Saylor had
a simple response. If holding Bitcoin is a Ponzi,
then I'll take it. This quote has gone viral
across social media platforms, and it's a perfect
example of Sailor's unshakable confidence in
Bitcoin's long -term value. Over the years, MicroStrategy
has amassed more than 158 ,000 BTC worth billions
of dollars at today's prices. And despite the
volatility and market corrections, Sailor remains
steadfast in his belief that Bitcoin is a superior
store of value. For all the haters out there,
This moment is a reminder that Sailor and MicroStrategy
are here to stay, and they'll continue to hold
the line for Bitcoin no matter what critics say.
Breaking news, SEC Commissioner Caroline Crenshaw
will not be renominated. Shifting gears to Washington,
we've got some huge news coming out of the SEC.
Caroline Crenshaw, the SEC Commissioner, known
for her anti -Bitcoin stance, will not be renominated
to her position after the Senate Banking Committee
canceled her confirmation vote. Crenshaw has
been one of the most vocal critics of Bitcoin
ETFs, consistently voting against the approval
of spot Bitcoin ETFs. Her stance has put her
at odds with a growing chorus of Bitcoin advocates
who argue that spot Bitcoin ETFs are essential
for attracting more institutional investors to
the market. This move could signal a shift in
the SEC's approach to Bitcoin and crypto regulation.
especially as other commissioners like Hester
Pierce and Gary Gensler have shown more favorable
stances toward crypto. With Crenshaw out of the
picture, there's a growing hope that the SEC
will be more open to approving Bitcoin ETFs in
the near future, which could lead to even more
institutional adoption. The global Bitcoin ETF
surge, 1 .3 million BTC and counting. Speaking
of Bitcoin ETFs, let's take a quick look at the
state of global Bitcoin ETFs. Currently, Global
Bitcoin ETFs hold more than 1 .3 million BTC,
or approximately 5 .5 % of the total Bitcoin
supply. And what's even more staggering is that
these ETFs have only been around for less than
a year. This growing institutional interest in
Bitcoin is a sign of the assets increasing mainstream
adoption. As more institutions and retail investors
flock to these ETFs as a way to gain exposure
to Bitcoin without having to actually buy or
store the asset, we're likely to see this trend
continue to grow. The more Bitcoin gets absorbed
by institutions, the less available supply there
is on the open market, which could have significant
effects on price stability in the long run. Mt.
Gox trustee moves $172 million in Bitcoin. What
does this mean for the market? In other news,
Mt. Gox, the infamous Japanese exchange that
went bankrupt back in 2014, has moved a staggering
$172 million worth of Bitcoin, 1 ,619 BTC. to
new wallets. While the market initially braced
for some volatility, Bitcoin has remained relatively
stable, even as the movement of such a large
amount of Bitcoin raises questions about what's
next for the remaining Mt. Gox holdings. Mt.
Gox still controls 37 ,700 BTC worth around $4
billion. And while no one knows exactly when
these funds will be released or whether they
will be sold, the market has shown resilience.
Bitcoin's current price surged to $108 ,000 indicates
that the broader market remains optimistic, despite
these large movements. International Bitcoin
advocacy political figures speak out. Looking
globally, Bitcoin advocates are continuing to
emerge from surprising places. In France, Sarah
Knafo, a representative to the European Parliament,
recently gave an impassioned speech against central
bank digital currencies, CBDCs, and in favor
of a Bitcoin strategic reserve. Nafo argued that
Europe should embrace Bitcoin as a means to protect
financial sovereignty, rather than succumbing
to the control of CBDCs. This sentiment is echoed
by political figures across the globe, including
Fadi El -Salamin, a Palestinian activist who
recently explained how Bitcoin is helping save
lives in regions with limited access to traditional
banking. El -Salamin argues that Bitcoin could
one day become the primary or even only currency
in places like Palestine. where there is no central
bank or national currency. Ohio and Wyoming push
for Bitcoin reserves. Back in the U .S., Bitcoin
is making waves in state politics. In Ohio, Representative
Derek Marin has introduced House Bill 703, which
would establish a state Bitcoin reserve. The
bill proposes that the state treasurer be granted
the authority to buy Bitcoin, creating a state
-level fund for the digital asset. If passed,
Ohio could become one of the first states to
officially back Bitcoin as part of its treasury
strategy. Meanwhile, Wyoming Senator Cynthia
Lummis has been outspoken about her belief that
2025 will be the pivotal year for Bitcoin and
digital assets. Lummis, who has long been a champion
of Bitcoin, is working closely with crypto czar
David Sachs to push for pro Bitcoin legislation.
If successful, 2025 could be the year that Bitcoin
achieves even greater mainstream recognition
and adoption in the U .S. Conclusion. The Bitcoin
movement is just getting started. There's no
doubt about it. Bitcoin is on the move. Whether
it's MetaPlanet's bold bond issuance to accelerate
Bitcoin purchases, MicroStrategy's unshakable
commitment to its Bitcoin strategy, or the growing
political support for Bitcoin reserves, we're
seeing a massive shift toward Bitcoin in the
mainstream financial world. So what's next? Will
we see more institutions follow MetaPlanet's
lead and start using bonds to accelerate Bitcoin
acquisitions? Will the SEC finally approve spot
Bitcoin ETFs? And will states like Ohio and Wyoming
continue to lead the way with Bitcoin -friendly
legislation? As always, we'll be here to bring
you the latest updates. So stay tuned, stay informed,
and remember Bitcoin is just getting started.
Thank you for joining me on today's episode of
the Bitcoin Street Journal podcast. Don't forget
to subscribe, leave a review, and share this
episode with your fellow Bitcoin enthusiasts.
Until next time, I'm Anna, signing off. Stay
safe and keep stacking those SATs. Anna, before
we wrap up today's podcast, I just want to take
a moment to acknowledge the incredible momentum
we're seeing in the Bitcoin world. Whether it's
institutional adoption, political shifts, or
the growing enthusiasm of individual Bitcoin
holders, it's clear that we are at the crossroads
of something massive. A quick reminder, if you're
just starting your Bitcoin journey or you're
a seasoned pro, the most important thing is to
stay informed. And let's be real, there's no
shortage of news. Just last week, Bitcoin hit
an all -time high, and it's easy to see how volatile
this space can be. So don't forget, always do
your own research, stay grounded, and never let
the price swings get to your head. Speaking of
which, if you want to catch up on any of the
news we covered today, make sure to visit the
Bitcoin Street Journal website for detailed articles
and updates. We've got everything from Mt. Gox
moving its Bitcoin to updates on the latest political
figures backing Bitcoin over CBDCs. You won't
want to miss out on these developments. Trust
me, it's a wild ride. Before we go, here's a
quick preview of next week's episode. We'll be
covering the latest with Bitcoin's price and
whether we could see Bitcoin's market cap hit
trillions in the near future. We'll also dive
into some of the best and worst Bitcoin related
legislation coming out of Capitol Hill and what
it means for the future of the crypto space.
And stay tuned, we've got a special guest lined
up who will be sharing their expert insights
on Bitcoin as a hedge against inflation. You
won't want to miss it. And of course, don't forget
to follow us on all our social media platforms,
Nostr, Primal, and Nostra .build, where we'll
be posting real -time updates, exclusive content,
and more. As we close, I just want to thank you
all again for joining me today. It's been a pleasure
to take you through some of the most exciting
developments in the Bitcoin space. Remember,
Bitcoin is more than just an asset. It's a movement.
And we're just getting started. Until next time,
keep stacking those sats. Stay curious and always,
always stay humble. Anna. I'm Anna, and you've
been listening to the Bitcoin Street Journal
podcast. See you next time. Stay safe out there.
And remember, in the world of Bitcoin, the future
is now. The Bitcoin Street Journal podcast is
a production of the Bitcoin Media Group. See
2024 Bitcoin Street Journal, all rights reserved.