Welcome back to the Bitcoin Street Journal Podcast,
your daily fix for everything. Bitcoin, from
market moves to institutional hoarding, memes
to macro madness and beyond. I'm your host Anna,
and today is Wednesday, May 21st, 2025. Bitcoin
is trading at $106 ,700 with a market cap dominance
of 54 .3%. If you're here to separate signal
from noise, get ready, because today's episode
is stuff tighter than an ETF filing during bull
season. And hey, wanna dive deeper into today's
stories, zap us some sats, or just say hi to
fellow plebs? Join us on Nostr. Just head to
the BitcoinStreetJournal .com. That's right,
the top of the homepage has your easy sign up
and login to Nostr. One click, one key, and you're
in the conversation. Let's get into it. Michael
Saylor drops the truth bomb. Just in. Michael
Saylor, High Priest of the Orange Coin Gospel,
released a brand new video today declaring once
again, if you're going to outperform, You're
going to need Bitcoin. This wasn't just another
sound bite. It was a sermon. Sailor laid it out.
Fiat is bleeding. Equities are volatile, and
real estate is illiquid. Bitcoin? Bitcoin is
the apex predator asset. Sailor's been proven
right time and again. MicroStrategy's recent
220 % year -to -date BTC yield speaks for itself.
They just added another 7 ,390 BTC last week,
bringing their total to over 576 ,000 coins.
That's not a hedge. That's a declaration of war
on fiat. And if you want more breakdowns of sailors'
philosophy or MicroStrategy's strategy, check
out our deep dive threads on Nostra again. That's
at the BitcoinStreetJournal .com. Sign up, log
in, stay ahead. Middle East joins the fray. Al
Abraaj Restaurants Group just became the first
publicly traded company in the Middle East to
add Bitcoin to its treasury. This is massive.
This isn't some startup. This is a legacy enterprise
pivoting from paper money to digital gold. The
signal is blinding. Bitcoin is becoming the global
reserve asset for corporate treasuries. From
El Salvador to Dubai, the dominoes are tipping.
And it's not just Abraaj. The SmarterWeb company,
another publicly traded firm, just announced
a $1 .28 million Bitcoin buy for its treasury,
scooping up 16 .4 BTC. That makes four major
treasury buys in the past 48 hours alone, including
QLR with its $9 million buy and a mind -melting
220 .2 % BTC yield 2023. Add it up. Institutional
FOMO is turning into an avalanche. Texas goes
full Bitcoiner. Yeehaw, y 'all. Texas House just
passed SB21, the strategic Bitcoin reserve bill,
in its second reading. If it passes the third
reading, Texas will officially launch its own
state -level Bitcoin treasury reserve. Not a
sandbox, not a test, an actual Bitcoin stack
for the state. Let's not pretend this is a coincidence.
SpotBitcoin ETFs are buying 26 ,700 BTC in May
alone, while miners only produced 7 ,200 BTC.
Let that sink in. The ETFs are hoovering up over
3 .7x more BTC than the network is creating.
If the state of Texas is joining the buyer's
line, what happens when California gets orange
-pilled? This is the great accumulation race,
and it's barely begun. Exchanges are bleeding
BTC. In the last 30 days, 116 ,293 BTC have been
withdrawn from exchanges. That's over $1 .12
billion flowing into cold storage, multi -sig,
and self -custody. Why does this matter? Because
when coins leave exchanges, they don't come back.
Not quickly, not easily, not without a premium.
We're entering a phase of acute supply shock.
With demand from ETFs, corporations, sovereign
states, and retail hodlers like you. We're witnessing
the slow -motion extinction of cheap sats. Want
more on how to secure your Bitcoin and where
smart plebs are moving their coins? Noster's
got you. Jump on the BitcoinStreetJournal .com
and click that top link to log in. And if you're
using zaps on Noster, you can tip creators directly
in Bitcoin. No banks, no middlemen, just pure
peer -to -peer fire. SEC shakes things up and
out. SEC Chair Paul Atkins just told Congress,
the era of regulation by enforcement in crypto
is over. Let me repeat that, over. Atkins called
for clarity, competition, and innovation. Three
things that have been strangled for a decade
under bureaucratic micromanagement. This isn't
just regulatory relief, it's a green light. And
just in time too. Bitcoin ETFs are taking in
hundreds of millions in daily net inflows. BlackRock
alone now holds 636 ,000 BTC, making it the second
largest holder after Satoshi Nakamoto. Guess
who's 57 % of the way to becoming the biggest
Bitcoin whale on earth? We're not in Kansas anymore,
folks. International heat check. DigiAsia, an
Indonesian fintech firm, announced plans to raise
$100 million to buy Bitcoin. Their stock shot
up 90 % on the news. Think about that. A public
company declares a treasury Bitcoin strategy
and nearly doubles overnight. Meanwhile, back
in Australia, a judge just ruled that Bitcoin
qualifies as money, potentially shielding BTC
transactions from capital gains taxes. From Jakarta
to Austin to Sydney, the game is accelerating.
And for our full global coverage, you know where
to go. No star, the BitcoinStreetJournal .com.
Don't just read, connect. Macro madness plus
memes. The U .S. holds just 4 % of the world's
population, but now controls over 4 -0 % of global
Bitcoin ETF holdings. Let that sit. Meanwhile,
President Trump's executive director declared,
the U .S. must win the Bitcoin space race. What
does that mean? It means Bitcoin isn't just money
anymore. It's geopolitical. It's strategic. It's
sovereign. And let's not forget the cultural
shift. Even Steak & Shake posted a spaceship
meme saying, all aboard, that's not an ad. That's
a mood. Meanwhile, Fidelity's jury in Timor says
Bitcoin is replacing gold again, advocating a
4 to 1 gold to BTC ratio in your portfolio. If
you listened to Tom Lee in 2019 and bought 1
to 2 % at $5 ,000, you'd be a legend today. If
you ignored him, CNBC probably made fun of you.
Again, bullish indicators and beyond. Let's run
the scoreboard. Spot Bitcoin ETFs $329 million
in inflows yesterday. Exchange supply hitting
multi -year lows. Dormant BTC 63 % hasn't moved
all year. Compression builds on charts, a move
is coming. Well, while it's loading up again,
public companies stacking like it's 2021. This
isn't hopium, it's data. Price action is consolidating,
institutions are accumulating, and fiat is evaporating.
Even Blackstone, a $1 trillion asset manager,
just disclosed holdings in iBit. The legacy guard
is buying. Quietly. Quickly. V4V plebs and Nostra
shoutouts. We've got plebs stacking in Texas,
Tokyo, Tanzania, and Toronto. If you're out there
sharing zaps, hosting spaces, running relays,
or just holding your keys, we see you. To all
the creators zapping value for value, you're
the new media. And if this podcast is valuable
to you, consider zapping it on Nostr or supporting
us at the BitcoinStreetJournal .com. Every SAT
counts. That's it for today's episode of the
Bitcoin Street Journal podcast. Remember, if
you want more on today's stories, charts, breakdowns,
global reactions, or mimetic warfare, check out
the BitcoinStreetJournal .com. We post everything
there, and the link to join Nostr is right at
the top. You can also listen to this show on
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of other platforms. Search for the Bitcoin Street
Journal. We're everywhere the fiat doesn't want
us to be. And hey, don't forget to like, share,
and subscribe. Seriously, it helps more plebs
find the signal. We'll see you next time. Until
then, stay humble, stack sats, and opt out of
the madness. Big thanks to our behind -the -scenes
team, working around the clock to bring you the
sharpest Bitcoin journalism in the game. This
is Anna, signing off from BitcoinStreet. See
you on the next block.