WEBVTT 00:00:01.139 --> 00:00:04.080 Join us as we celebrate our 100th podcast episode. 00:00:04.519 --> 00:00:06.419 Thank you to the thousands of our loyal listeners 00:00:06.419 --> 00:00:09.839 on Spotify, Nostr, Fountain, Nostr .build, Apple 00:00:09.839 --> 00:00:12.919 iTunes, who tuned in, zapped sats, and supported 00:00:12.919 --> 00:00:15.419 us with value for value these past two seasons. 00:00:16.000 --> 00:00:18.480 Shout out to Mickey, Bitcoin Sandy, Nosehole, 00:00:18.780 --> 00:00:20.699 Demetri at Wondercraft, and all of our coffee 00:00:20.699 --> 00:00:23.320 chain pleb amigos on Nostr and everywhere else 00:00:23.320 --> 00:00:25.620 on the interwebs. We look forward to bringing 00:00:25.620 --> 00:00:28.350 you even better Bitcoin. and other great content 00:00:28.350 --> 00:00:30.750 in 2025 and wish you and your family the best 00:00:30.750 --> 00:00:33.090 this holiday season and on into the new year. 00:00:33.390 --> 00:00:35.429 Hello and welcome to another exciting episode 00:00:35.429 --> 00:00:38.689 of the Bitcoin Street Journal podcast. I'm your 00:00:38.689 --> 00:00:41.710 host Anna and today we've got a packed show filled 00:00:41.710 --> 00:00:45.030 with major developments, jaw dropping moves and 00:00:45.030 --> 00:00:47.670 a whole lot of Bitcoin related drama. Whether 00:00:47.670 --> 00:00:50.310 you're a crypto enthusiast, a financial analyst 00:00:50.310 --> 00:00:52.789 or just someone trying to stay ahead of the curve 00:00:52.789 --> 00:00:55.009 in the world of digital assets, you're in the 00:00:55.009 --> 00:01:00.210 right place. Today, we're going to dive deep 00:01:00.210 --> 00:01:03.509 into some truly groundbreaking news. MetaPlanet 00:01:03.509 --> 00:01:07.450 has just issued 4 .5 billion yen, or roughly 00:01:07.450 --> 00:01:11.290 $29 million, in bonds to accelerate its Bitcoin 00:01:11.290 --> 00:01:14.689 purchases, moving up its original 2025 timeline. 00:01:15.170 --> 00:01:18.030 But that's just the tip of the iceberg. We've 00:01:18.030 --> 00:01:20.670 also got updates on SEC Commissioner Caroline 00:01:20.670 --> 00:01:24.090 Crenshaw's non -renomination, a major shift in 00:01:24.090 --> 00:01:27.450 Bitcoin ETF holdings. and the latest market drama 00:01:27.450 --> 00:01:30.709 as Bitcoin hits new all -time highs. So sit tight 00:01:30.709 --> 00:01:32.930 as we break it all down. You won't want to miss 00:01:32.930 --> 00:01:35.790 this. MetaPlanet makes a bold bet accelerating 00:01:35.790 --> 00:01:38.689 Bitcoin acquisitions with a bond issuance. Let's 00:01:38.689 --> 00:01:42.530 start with the big headline out of Japan. MetaPlanet, 00:01:43.010 --> 00:01:45.650 a prominent tech conglomerate, has just issued 00:01:45.650 --> 00:01:51.209 4 .5 billion yen, $29 million, in bonds. But 00:01:51.209 --> 00:01:53.590 it's not just any typical corporate bond issuance. 00:01:53.920 --> 00:01:56.239 This is part of a larger strategy to accelerate 00:01:56.239 --> 00:01:58.900 its Bitcoin purchases, a plan that was originally 00:01:58.900 --> 00:02:02.439 scheduled for 2025. So why is this important? 00:02:03.200 --> 00:02:06.060 Well, this move signals that MetaPlanet is seriously 00:02:06.060 --> 00:02:08.460 betting on Bitcoin's future, and they're not 00:02:08.460 --> 00:02:11.740 waiting around for 2025 to roll around. With 00:02:11.740 --> 00:02:14.060 Bitcoin trading around its all -time high of 00:02:14.060 --> 00:02:17.860 $108 ,000, MetaPlanet clearly believes that the 00:02:17.860 --> 00:02:21.020 time to buy is now. But here's the kicker. These 00:02:21.020 --> 00:02:23.259 bonds will be redeemed with proceeds from the 00:02:23.259 --> 00:02:25.659 company's moving strike warrants, which are set 00:02:25.659 --> 00:02:28.819 to be exercised soon. For those of you unfamiliar 00:02:28.819 --> 00:02:31.219 with moving strike warrants, they're essentially 00:02:31.219 --> 00:02:33.939 financial instruments that allow MetaPlanet to 00:02:33.939 --> 00:02:37.240 lock in favorable terms to acquire Bitcoin at 00:02:37.240 --> 00:02:40.460 a future date, making this bond issuance essentially 00:02:40.460 --> 00:02:42.699 a preemptive move to take advantage of those 00:02:42.699 --> 00:02:45.139 future gains. What's next? The option for more 00:02:45.139 --> 00:02:49.539 bonds? But wait, there's more. MetaPlanet has 00:02:49.539 --> 00:02:51.719 also included the option to issue an additional 00:02:51.719 --> 00:02:55.219 5 billion yen, 32 million dollars, in bonds, 00:02:55.680 --> 00:02:57.879 which could further ramp up their Bitcoin acquisitions 00:02:57.879 --> 00:03:00.580 in the coming months. This gives them flexibility 00:03:00.580 --> 00:03:03.539 to buy even more Bitcoin, further cementing their 00:03:03.539 --> 00:03:05.879 position as a major player in the crypto world. 00:03:06.379 --> 00:03:08.979 For those watching closely, this is just another 00:03:08.979 --> 00:03:11.659 indication of how corporations are increasingly 00:03:11.659 --> 00:03:14.840 adopting Bitcoin as part of their treasury strategy. 00:03:15.180 --> 00:03:17.500 And when you combine this with the growing number 00:03:17.500 --> 00:03:20.599 of Bitcoin ETFs holding more than 1 .3 million 00:03:20.599 --> 00:03:23.719 BTC globally, it's clear that the world is shifting 00:03:23.719 --> 00:03:27.080 toward a Bitcoin -first mentality. MicroStrategy's 00:03:27.080 --> 00:03:29.219 Michael Saylor, the Bitcoin advocate who won't 00:03:29.219 --> 00:03:32.000 back down. As MetaPlanet makes its big move, 00:03:32.439 --> 00:03:35.159 we can't talk about Bitcoin's institutional adoption 00:03:35.159 --> 00:03:37.879 without mentioning Michael Saylor and his company, 00:03:38.180 --> 00:03:41.400 MicroStrategy. Saylor has been one of the most 00:03:41.400 --> 00:03:44.270 vocal and consistent advocates for Bitcoin. and 00:03:44.270 --> 00:03:46.969 his latest comments are absolutely golden. In 00:03:46.969 --> 00:03:49.870 a viral moment that's now being dubbed the Thug 00:03:49.870 --> 00:03:52.990 Life Mic Drop, Saylor made it clear that he's 00:03:52.990 --> 00:03:55.669 tired of hearing accusations that MicroStrategy 00:03:55.669 --> 00:03:58.729 is running a Ponzi scheme because of its massive 00:03:58.729 --> 00:04:01.909 Bitcoin holdings. To those who've been critical 00:04:01.909 --> 00:04:05.050 of MicroStrategy's Bitcoin strategy, Saylor had 00:04:05.050 --> 00:04:08.069 a simple response. If holding Bitcoin is a Ponzi, 00:04:08.189 --> 00:04:10.469 then I'll take it. This quote has gone viral 00:04:10.469 --> 00:04:12.629 across social media platforms, and it's a perfect 00:04:12.629 --> 00:04:15.449 example of Sailor's unshakable confidence in 00:04:15.449 --> 00:04:19.089 Bitcoin's long -term value. Over the years, MicroStrategy 00:04:19.089 --> 00:04:23.170 has amassed more than 158 ,000 BTC worth billions 00:04:23.170 --> 00:04:25.910 of dollars at today's prices. And despite the 00:04:25.910 --> 00:04:28.709 volatility and market corrections, Sailor remains 00:04:28.709 --> 00:04:31.689 steadfast in his belief that Bitcoin is a superior 00:04:31.689 --> 00:04:34.389 store of value. For all the haters out there, 00:04:34.600 --> 00:04:38.120 This moment is a reminder that Sailor and MicroStrategy 00:04:38.120 --> 00:04:40.899 are here to stay, and they'll continue to hold 00:04:40.899 --> 00:04:43.740 the line for Bitcoin no matter what critics say. 00:04:44.139 --> 00:04:46.560 Breaking news, SEC Commissioner Caroline Crenshaw 00:04:46.560 --> 00:04:49.639 will not be renominated. Shifting gears to Washington, 00:04:50.000 --> 00:04:52.339 we've got some huge news coming out of the SEC. 00:04:53.399 --> 00:04:56.319 Caroline Crenshaw, the SEC Commissioner, known 00:04:56.319 --> 00:04:59.540 for her anti -Bitcoin stance, will not be renominated 00:04:59.540 --> 00:05:01.740 to her position after the Senate Banking Committee 00:05:01.740 --> 00:05:04.370 canceled her confirmation vote. Crenshaw has 00:05:04.370 --> 00:05:06.550 been one of the most vocal critics of Bitcoin 00:05:06.550 --> 00:05:09.550 ETFs, consistently voting against the approval 00:05:09.550 --> 00:05:13.050 of spot Bitcoin ETFs. Her stance has put her 00:05:13.050 --> 00:05:15.529 at odds with a growing chorus of Bitcoin advocates 00:05:15.529 --> 00:05:18.769 who argue that spot Bitcoin ETFs are essential 00:05:18.769 --> 00:05:20.990 for attracting more institutional investors to 00:05:20.990 --> 00:05:23.889 the market. This move could signal a shift in 00:05:23.889 --> 00:05:26.610 the SEC's approach to Bitcoin and crypto regulation. 00:05:26.949 --> 00:05:29.209 especially as other commissioners like Hester 00:05:29.209 --> 00:05:32.149 Pierce and Gary Gensler have shown more favorable 00:05:32.149 --> 00:05:35.250 stances toward crypto. With Crenshaw out of the 00:05:35.250 --> 00:05:37.769 picture, there's a growing hope that the SEC 00:05:37.769 --> 00:05:40.610 will be more open to approving Bitcoin ETFs in 00:05:40.610 --> 00:05:43.350 the near future, which could lead to even more 00:05:43.350 --> 00:05:46.589 institutional adoption. The global Bitcoin ETF 00:05:46.589 --> 00:05:50.050 surge, 1 .3 million BTC and counting. Speaking 00:05:50.050 --> 00:05:52.550 of Bitcoin ETFs, let's take a quick look at the 00:05:52.550 --> 00:05:56.120 state of global Bitcoin ETFs. Currently, Global 00:05:56.120 --> 00:06:00.040 Bitcoin ETFs hold more than 1 .3 million BTC, 00:06:00.540 --> 00:06:03.279 or approximately 5 .5 % of the total Bitcoin 00:06:03.279 --> 00:06:05.819 supply. And what's even more staggering is that 00:06:05.819 --> 00:06:07.740 these ETFs have only been around for less than 00:06:07.740 --> 00:06:10.160 a year. This growing institutional interest in 00:06:10.160 --> 00:06:13.579 Bitcoin is a sign of the assets increasing mainstream 00:06:13.579 --> 00:06:17.060 adoption. As more institutions and retail investors 00:06:17.060 --> 00:06:19.420 flock to these ETFs as a way to gain exposure 00:06:19.420 --> 00:06:21.639 to Bitcoin without having to actually buy or 00:06:21.639 --> 00:06:24.199 store the asset, we're likely to see this trend 00:06:24.199 --> 00:06:27.209 continue to grow. The more Bitcoin gets absorbed 00:06:27.209 --> 00:06:30.250 by institutions, the less available supply there 00:06:30.250 --> 00:06:32.949 is on the open market, which could have significant 00:06:32.949 --> 00:06:36.110 effects on price stability in the long run. Mt. 00:06:36.209 --> 00:06:39.829 Gox trustee moves $172 million in Bitcoin. What 00:06:39.829 --> 00:06:42.129 does this mean for the market? In other news, 00:06:42.189 --> 00:06:44.870 Mt. Gox, the infamous Japanese exchange that 00:06:44.870 --> 00:06:48.269 went bankrupt back in 2014, has moved a staggering 00:06:48.269 --> 00:06:54.589 $172 million worth of Bitcoin, 1 ,619 BTC. to 00:06:54.589 --> 00:06:57.230 new wallets. While the market initially braced 00:06:57.230 --> 00:07:00.290 for some volatility, Bitcoin has remained relatively 00:07:00.290 --> 00:07:02.810 stable, even as the movement of such a large 00:07:02.810 --> 00:07:05.870 amount of Bitcoin raises questions about what's 00:07:05.870 --> 00:07:08.970 next for the remaining Mt. Gox holdings. Mt. 00:07:09.050 --> 00:07:13.269 Gox still controls 37 ,700 BTC worth around $4 00:07:13.269 --> 00:07:16.110 billion. And while no one knows exactly when 00:07:16.110 --> 00:07:18.389 these funds will be released or whether they 00:07:18.389 --> 00:07:21.050 will be sold, the market has shown resilience. 00:07:21.480 --> 00:07:26.040 Bitcoin's current price surged to $108 ,000 indicates 00:07:26.040 --> 00:07:28.699 that the broader market remains optimistic, despite 00:07:28.699 --> 00:07:31.019 these large movements. International Bitcoin 00:07:31.019 --> 00:07:33.439 advocacy political figures speak out. Looking 00:07:33.439 --> 00:07:36.220 globally, Bitcoin advocates are continuing to 00:07:36.220 --> 00:07:39.379 emerge from surprising places. In France, Sarah 00:07:39.379 --> 00:07:42.000 Knafo, a representative to the European Parliament, 00:07:42.540 --> 00:07:44.899 recently gave an impassioned speech against central 00:07:44.899 --> 00:07:48.500 bank digital currencies, CBDCs, and in favor 00:07:48.500 --> 00:07:51.620 of a Bitcoin strategic reserve. Nafo argued that 00:07:51.620 --> 00:07:54.060 Europe should embrace Bitcoin as a means to protect 00:07:54.060 --> 00:07:56.439 financial sovereignty, rather than succumbing 00:07:56.439 --> 00:08:00.060 to the control of CBDCs. This sentiment is echoed 00:08:00.060 --> 00:08:02.879 by political figures across the globe, including 00:08:02.879 --> 00:08:06.540 Fadi El -Salamin, a Palestinian activist who 00:08:06.540 --> 00:08:08.959 recently explained how Bitcoin is helping save 00:08:08.959 --> 00:08:11.639 lives in regions with limited access to traditional 00:08:11.639 --> 00:08:14.959 banking. El -Salamin argues that Bitcoin could 00:08:14.959 --> 00:08:17.459 one day become the primary or even only currency 00:08:17.459 --> 00:08:20.339 in places like Palestine. where there is no central 00:08:20.339 --> 00:08:23.259 bank or national currency. Ohio and Wyoming push 00:08:23.259 --> 00:08:26.040 for Bitcoin reserves. Back in the U .S., Bitcoin 00:08:26.040 --> 00:08:30.040 is making waves in state politics. In Ohio, Representative 00:08:30.040 --> 00:08:33.379 Derek Marin has introduced House Bill 703, which 00:08:33.379 --> 00:08:36.000 would establish a state Bitcoin reserve. The 00:08:36.000 --> 00:08:38.340 bill proposes that the state treasurer be granted 00:08:38.340 --> 00:08:40.899 the authority to buy Bitcoin, creating a state 00:08:40.899 --> 00:08:43.500 -level fund for the digital asset. If passed, 00:08:43.600 --> 00:08:45.539 Ohio could become one of the first states to 00:08:45.539 --> 00:08:47.740 officially back Bitcoin as part of its treasury 00:08:47.740 --> 00:08:50.840 strategy. Meanwhile, Wyoming Senator Cynthia 00:08:50.840 --> 00:08:53.580 Lummis has been outspoken about her belief that 00:08:53.580 --> 00:08:56.519 2025 will be the pivotal year for Bitcoin and 00:08:56.519 --> 00:08:59.419 digital assets. Lummis, who has long been a champion 00:08:59.419 --> 00:09:02.080 of Bitcoin, is working closely with crypto czar 00:09:02.080 --> 00:09:04.919 David Sachs to push for pro Bitcoin legislation. 00:09:05.759 --> 00:09:08.179 If successful, 2025 could be the year that Bitcoin 00:09:08.179 --> 00:09:10.200 achieves even greater mainstream recognition 00:09:10.200 --> 00:09:12.659 and adoption in the U .S. Conclusion. The Bitcoin 00:09:12.659 --> 00:09:14.860 movement is just getting started. There's no 00:09:14.860 --> 00:09:18.090 doubt about it. Bitcoin is on the move. Whether 00:09:18.090 --> 00:09:20.429 it's MetaPlanet's bold bond issuance to accelerate 00:09:20.429 --> 00:09:23.370 Bitcoin purchases, MicroStrategy's unshakable 00:09:23.370 --> 00:09:25.870 commitment to its Bitcoin strategy, or the growing 00:09:25.870 --> 00:09:28.429 political support for Bitcoin reserves, we're 00:09:28.429 --> 00:09:30.409 seeing a massive shift toward Bitcoin in the 00:09:30.409 --> 00:09:33.470 mainstream financial world. So what's next? Will 00:09:33.470 --> 00:09:35.990 we see more institutions follow MetaPlanet's 00:09:35.990 --> 00:09:38.750 lead and start using bonds to accelerate Bitcoin 00:09:38.750 --> 00:09:41.950 acquisitions? Will the SEC finally approve spot 00:09:41.950 --> 00:09:45.320 Bitcoin ETFs? And will states like Ohio and Wyoming 00:09:45.320 --> 00:09:47.600 continue to lead the way with Bitcoin -friendly 00:09:47.600 --> 00:09:49.940 legislation? As always, we'll be here to bring 00:09:49.940 --> 00:09:53.059 you the latest updates. So stay tuned, stay informed, 00:09:53.120 --> 00:09:55.860 and remember Bitcoin is just getting started. 00:09:56.259 --> 00:09:58.340 Thank you for joining me on today's episode of 00:09:58.340 --> 00:10:01.299 the Bitcoin Street Journal podcast. Don't forget 00:10:01.299 --> 00:10:04.200 to subscribe, leave a review, and share this 00:10:04.200 --> 00:10:06.340 episode with your fellow Bitcoin enthusiasts. 00:10:06.879 --> 00:10:10.440 Until next time, I'm Anna, signing off. Stay 00:10:10.440 --> 00:10:14.820 safe and keep stacking those SATs. Anna, before 00:10:14.820 --> 00:10:17.000 we wrap up today's podcast, I just want to take 00:10:17.000 --> 00:10:19.240 a moment to acknowledge the incredible momentum 00:10:19.240 --> 00:10:22.080 we're seeing in the Bitcoin world. Whether it's 00:10:22.080 --> 00:10:25.279 institutional adoption, political shifts, or 00:10:25.279 --> 00:10:27.679 the growing enthusiasm of individual Bitcoin 00:10:27.679 --> 00:10:30.440 holders, it's clear that we are at the crossroads 00:10:30.440 --> 00:10:33.620 of something massive. A quick reminder, if you're 00:10:33.620 --> 00:10:35.480 just starting your Bitcoin journey or you're 00:10:35.480 --> 00:10:38.120 a seasoned pro, the most important thing is to 00:10:38.120 --> 00:10:40.679 stay informed. And let's be real, there's no 00:10:40.679 --> 00:10:43.509 shortage of news. Just last week, Bitcoin hit 00:10:43.509 --> 00:10:46.490 an all -time high, and it's easy to see how volatile 00:10:46.490 --> 00:10:49.950 this space can be. So don't forget, always do 00:10:49.950 --> 00:10:52.309 your own research, stay grounded, and never let 00:10:52.309 --> 00:10:54.769 the price swings get to your head. Speaking of 00:10:54.769 --> 00:10:56.450 which, if you want to catch up on any of the 00:10:56.450 --> 00:10:58.830 news we covered today, make sure to visit the 00:10:58.830 --> 00:11:01.409 Bitcoin Street Journal website for detailed articles 00:11:01.409 --> 00:11:04.429 and updates. We've got everything from Mt. Gox 00:11:04.429 --> 00:11:07.289 moving its Bitcoin to updates on the latest political 00:11:07.289 --> 00:11:10.559 figures backing Bitcoin over CBDCs. You won't 00:11:10.559 --> 00:11:12.659 want to miss out on these developments. Trust 00:11:12.659 --> 00:11:15.340 me, it's a wild ride. Before we go, here's a 00:11:15.340 --> 00:11:17.820 quick preview of next week's episode. We'll be 00:11:17.820 --> 00:11:20.100 covering the latest with Bitcoin's price and 00:11:20.100 --> 00:11:22.240 whether we could see Bitcoin's market cap hit 00:11:22.240 --> 00:11:25.860 trillions in the near future. We'll also dive 00:11:25.860 --> 00:11:28.340 into some of the best and worst Bitcoin related 00:11:28.340 --> 00:11:31.200 legislation coming out of Capitol Hill and what 00:11:31.200 --> 00:11:33.299 it means for the future of the crypto space. 00:11:33.809 --> 00:11:36.509 And stay tuned, we've got a special guest lined 00:11:36.509 --> 00:11:38.470 up who will be sharing their expert insights 00:11:38.470 --> 00:11:41.769 on Bitcoin as a hedge against inflation. You 00:11:41.769 --> 00:11:44.690 won't want to miss it. And of course, don't forget 00:11:44.690 --> 00:11:47.190 to follow us on all our social media platforms, 00:11:47.909 --> 00:11:50.509 Nostr, Primal, and Nostra .build, where we'll 00:11:50.509 --> 00:11:53.250 be posting real -time updates, exclusive content, 00:11:53.529 --> 00:11:56.090 and more. As we close, I just want to thank you 00:11:56.090 --> 00:11:58.570 all again for joining me today. It's been a pleasure 00:11:58.570 --> 00:12:00.429 to take you through some of the most exciting 00:12:00.429 --> 00:12:03.039 developments in the Bitcoin space. Remember, 00:12:03.240 --> 00:12:05.720 Bitcoin is more than just an asset. It's a movement. 00:12:06.000 --> 00:12:08.179 And we're just getting started. Until next time, 00:12:08.299 --> 00:12:10.480 keep stacking those sats. Stay curious and always, 00:12:10.480 --> 00:12:13.299 always stay humble. Anna. I'm Anna, and you've 00:12:13.299 --> 00:12:14.940 been listening to the Bitcoin Street Journal 00:12:14.940 --> 00:12:17.740 podcast. See you next time. Stay safe out there. 00:12:17.779 --> 00:12:20.740 And remember, in the world of Bitcoin, the future 00:12:20.740 --> 00:12:23.600 is now. The Bitcoin Street Journal podcast is 00:12:23.600 --> 00:12:26.000 a production of the Bitcoin Media Group. See 00:12:26.000 --> 00:12:29.000 2024 Bitcoin Street Journal, all rights reserved.