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2080: Dutch Firm to Buy 1% of ALL Bitcoin - $25B BTC Treasury Move
00:33:10
🇳🇱 Dutch firm Amdax has unveiled plans to accumulate 1% of the entire Bitcoin supply through a newly launched treasury company, AMBTS B.V. - a move that would require over $25B at current prices. This marks the most ambitious European Bitcoin...
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- [00:00]
T-Mobile Advertiser
Back to school is better with family freedom from T Mobile, we'll pay off four phones up to $3200 and give you four free phones all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com familyfreedom. Up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte 8 $2009.99 eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off early or cancel contact T Mobile.
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JV (Host)
Welcome Bitcoin fam to the number one Bitcoin pod in today's show. As you can see, we're correcting. I'll be breaking down the latest technical analysis as well as all the latest breaking news including Volkswagen Group Singapore announces it's accepting Bitcoin as payment for their cars. Tesla, step up your game. Bitcoin has speed, enhanced security and lower transaction costs. That's a fact. Also the Giga Chad Michael Sailor's company strategy just added an additional 51 million worth of Bitcoin as the price hit 124,000 ahead of the sharp diploma. Hence he's buying the top forever. Also Meta Planet just scooped up 775 BTC now sitting on nearly 2 billion worth of Bitcoin. Also we'll be discussing 93 of all the bitcoin is already mined and what that means for you and I. Also big news U S should fund Bitcoin strategic reserve with tariff surplus. They should, but will. They will be digesting this as well as big news Today Dutch public company Amdax announces a plan to buy 1% of the total Bitcoin supply. We're talking 210,000 Bitcoin at today's prices, roughly 25 billion. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. All right fam, if you are new to the rumble, very important to smash the likes. Give us a follow and hit the repost over on x. Today is Pod Episode 2080. I'm your host JV alongside our co host the Fed chair dog Nipinator, the one and only be on the lookout for the nibinator indicator. Today is Monday August 18, 2025 and we have lots to share. Market is correcting unfortunately. But Bitcoin is going to do what to do. So sit back, relax and strap on your safety Belt because we're about to take this baby to the moon where no human being has ever gone before. But with that being shared, we're gonna kick it off with our Mario watch. Ever ever. Cha Cha Slim jv Here we go. You can see bitcoin in the collective market all correcting and in the red today. Bitcoin pulled back currently at116.5 at the time of the live. Yeah. So checking out coin360 we have ether, BNB Salana, virtually everything today correcting in in the red. Next up let's check out the coveted coin. Market cap Bitcoin dominance today is a 59% even. The ether dominance is 13.3 and yes there's 20 million cryptocurrenc and 99.99 are all coins. Welcome to the club there. And bitcoin market cap today is $2.3 trillion. We did tap out at a new all time high more recently. Market cap above 4 trillion is the all time high. Today it's 3.94 trillion with 192 billion worth of volume for the past 24 hours. Checking out top 100 crypto gainers past 24 hours we got AB lead in the back up 8% then very modest gains as the bulk of the market is all correcting and in the red. So you got to let know which altcoins in particular are you bullish on. For the bull, holla at your boy and do let me know. And next up we're pulling up the crypto bubbles to get a visual perspective for the day. As you can clearly see on your screen, virtually everything in the red today zooming out on the weekly, most everything in the red, zooming out on the monthly. It's a good divide. I'd say maybe 65, 35 red over green. And for the last 12 month perspective. The silver lining is we are definitely mostly green. I'd say maybe 75% green. 25 in the red. Today's crypto greed and fear index is coming in at a 60 in greed. Yesterday 60 foe and I talk in Nintendo 64 a little throwback action Jackson and last week 70 and last month a 74 in greed. And now checking out the infamous time chain calendar. See what block we're at today is block height number 910,645. We have 139,355 blocks into the having a 2028. And as of today 8-18-2025 you can exchange one fiat monopoly dollar for 859 stats. So you know precisely what to do? You pick up the SATs, put down the gats and pick up some bitcoin caps. But let's do the damn thing. Family bitcoin price rising wedge breakdown. You should be able to see your screen. We're going to do the ta. And here we have it. Bitcoin has corrected by nearly 8% since establishing the record high 12454 days ago. And now risk declines due to the classic bearish reversal pattern. Oh no. What are we going to do? I guess we'll soon find out here. So as you can see, Bitcoin confirmed the breakout from the rising wedge pattern on the daily chart. Traditional analysts see rising wedges as bearish reversal structures that typically precede sharp declines especially after sustained uptrend. And in the bitcoin case the wedge has been forming since April with higher highs and higher lows compressing towards the apex. And speaking of the apex, us, the apex predator, the bees. See I'm just going to leave my video here FYI. I don't mind the chat in my face because you guys are going to be focused on the article itself and I think this is going to be better. But anyways you're looking at the daily price chart and I'll be pulling up the live charts here in a moment. The breakdown below the wedges support trend line points to a test of the bitcoin recent resistance turn support target signaling weakening momentum and rising selling pressure. The highlighted immediate Support sits at 110 to 112. Losing this range could open the path towards 105 to 108. Bitcoin may extend the decline to the key 981000 psychological zone by September. Which would make it September, but I prefer to say September and let's pump. I don't see us correcting all the way down there but you just never know. A rising wedges breakdown target is typically measured after subtracting the structure's maximum height from the break down point. Applying the same to the bitcoin chart can bring bitcoin to a downside target of $88,000. Let me know your thoughts though. Do you think we correct that much from the current price? I don't see it but you gotta let me know. The bearish scenario will be invalidated. Bitcoin holds strong above the 50 day exponential moving average. A strong support zone during the Bitcoin 50% plus rise since April. Now bitcoin's weekly close reflects a potential double top. And similar to 2021 the bearish reversal pattern marked by two consecutive peaks around the same level signaling weakening momentum. In 2021 the pattern proceeded a 77% correction with Bitcoin dropping from 69 to 16,000. And man, don't you wish was only 16,000 right now. If it was, how much bitcoin would you guys stack? I'm just saying a similar setup now raises short term downside risk. Unless the price reverses quickly, the bitcoin risks falling towards the 50 day EMA which is the red wave in this chart at around 94750 by September. If the double top scenario plays out as it did back all the way in 2021, here are the top Bitcoin cohorts Unloading Bitcoin Bitcoin onchain metrics show the number of mega well addresses holding over BTZ have dropped to the lowest level this year with a sustained negative 30 day change since mid July. So as you already know, the whale wallets hold between 1,000 and 10,000 of the BTC that also declined reflecting profit taken as a happening near the bitcoin recent highs, which is kind of pretty typical as well. And the majority of the bitcoin holders obviously when we hit price discovery practically everyone is in profit and a lot of those people have been long term huddlers such as the whales. They're going to unload and get into some profit taking. Yeah, I mean. And also some breaking news I wanted to point out. Volkswagen Group Singapore announces it is accepting Bitcoin as payment for their cars. Bitcoin has speed, enhanced security and lower transaction cost. So let's map out this week's amazing destinations and travel tips.
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Will (Co-host)
Honestly Will, I didn't plan any trips, but I did switch to T Mobile with their new Family Freedom offer.
- [08:46]
JV (Host)
That's not the itinerary we're following.
- [08:49]
Will (Co-host)
Well, I'm departing from AT and T and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house.
- [09:02]
JV (Host)
Bon voyage.
- [09:04]
T-Mobile Advertiser
Introducing Family Freedom Our lowest cost to switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com familyfreedom up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte 82999 eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off earlier cancel Contact T mobile.
- [09:30]
JV (Host)
That's why I gotta say Elon Musk, what are we doing bro? Remember there was a day where you were accepting bitcoin payments for Teslas and then you were spreading the fudge surrounding Bitcoin mining is not clean. It's going to destroy the environment. We're therefore we're not accepting bitcoin payments. And then you said, you know if that can be proven wrong, something along those lines that you would accept payments again. But guess what, he never accepted payments again. So pulling up Coinbase here, the largest exchange in the States. This is the one hour chart. You can see we had a nice little correction. We bottomed out at around the 115 level and here we are at 116.5 at a time of the live. No particular targets on one hour chart. So let's expand and check out the four hour and here on the four hour chart we do have a bull target in the red after the falling wedge which is currently just shy of 123,000 and not too far from the all time high. That would take us right back on the cus of price discovery. Let me know when you feel we'll likely hit that. And you can see we had a nice little bounce back with a big green four hour candle and two more printed that's three consecutive from the current local bottom. Not too shabby. And zooming it out we'll take a look at a daily the daily chart here you can see in the red for the day past couple of days, barely closing the green. But I would dare say we've been trading sideways all weekend. But here on the new start of the week we'll see which direction the bitcoin price likely to go. There is a bull flag as you can see here there's a rising wedge and there is a bull target in the purple 146 four again bullish flag sensation formation. Bull flag 146. Four in play as per the daily chart. And zooming out a little further, taking a look at the weekly here you can see there's been a lot of bullish momentum past few, you know, months. Rising wedgie. We do have a target which is one or actually it's all the way down to 88. So that is a bear target on the weekly chart. No particular bull targets though we do got the rising wedge overall and we did have a a close in the red for the week yesterday which was Sunday and we're just kicking off the new week and they say when in doubt JV zoom out so let's do that. Taking a look at the monthly and here you can see 1, 2, 3, 4. This is the fifth green consecutive month. Even though we've cracked it this month, we're still in the green for the month and I think the bullish momentum is going to continue. And there's an old saying, you mess with a bull, you get the horns. And there you have it. Yo, there's the latest TA. Here we go. Next story of the day strategy ads 51 million where the Bitcoin has a price at 124,000 ahead of the sharp dip Sailors living up to his reputation of buying the top forever Laura that's right. Strategy, the world's largest public bitcoin holder added more bitcoin to the balance sheet as the price swung to the new all time high. Before retreating last week strategy acquired 430 of the BTC. Why such a small buy Michael for 51. I'm so used to him announcing like billion dollar buy but anyways 51 million during the week ending Sunday. According to the USS SEC filing, the new Bitcoin batch cost the company an average price of 120,000 per coin reflecting the massive volatility last week, with Bitcoin trading at about 120,000 on Monday slipping to the new low of 115 on Sunday. And the acquisition moved strategies Bitcoin holdings to 629,376 of the BTC purchased for 46 billion at an average price of 73,000 per coin. I call that the dub, the ultimate dub. And as Bitcoin saw high price volatility last week, surging above 124, hitting the new all time high Wednesday. It then retreated to 115BTFD. You know to play volatility is a gift to the faithful. Couldn't agree more. And that's according to the giga. Chad himself. Sailor also previously reported that Strategies Bitcoin holdings closed at an all time high of 77.2 billion. At the all time high prices? That's insane. Strategies New 430 Bitcoin purchase followed another small Bitcoin buy of just 155 Bitcoin announced last week, marking a significant drop from the multi thousand purchases made in the previous months. The company bought as much as 31, 466 Bitcoin in three purchases from July 14 to August 3, which marked a significant surge from a total 17000 Bitcoin purchased in June. And here you can see the date dates of the purchased amount and you can see he one time purchased 21000 which is just pure insanity. But yeah, little buys 155, 430 are the most recent ones. Also the acquisition was notably smaller than the other bitcoin buy by the Japanese investment company Meta Planet, which we will be discussing their latest purchase here shortly. And while strategies bitcoin buying spree has been slowing down, Sailor continued following the growing bitcoin Treasury. Excuse me, Trent. Reporting multiple updates including one of Meta Planet's CEO as outlined here. And now you can see this week two new treasuries including a cigarette company, 10 future treasury announcements 105 million worth. 29 companies added 3,859 bitcoin, 12 plans to buy more bitcoin 219 million plus raised plus 10 additional treasury related disclosures. And that's really the play of the year. We have more and more treasury plays being burst. And according to the NL Nico post, Sailor tweeted global bitcoin treasury Companies collectively bought 3, 900 Bitcoin and made a total of 62 announcements in the period of August 11th to the 17th. So in a sixth day time span there were 62 Bitcoin treasury announcements which is absolutely mind boggling to say the least. Also Sailor did a tweet strategy, you know the official tweet he always does. Officially acquired 430 Bitcoin for 51 million at 119, 66066 per Bitcoin achieving a Bitcoin yield 25 year to date. And as of August 17th this year we huddle. 629, 376 Bitcoin acquired for 46 billion at an average 73, 320 per BTC. And there you have it. Yeah. All right fam. Now for our next story of the day. Big news here. Meta planet just scooped 775 of the BTC now sitting on nearly $2 billion worth of the biddy. That's right. Meta Planet made the announcement. They purchased 775 Bitcoin for 93 million at an average price of 120 000. And naturally sailor just made a big purchase as well and it's going to continue forever. The latest acquisition brings its holdings to 18,888. That's a divine omen, you know. 8 represents intelligent infinity as of August 18th. Another divine omen. And according to the official filing, Metaplan has stated the accumulative Bitcoin investment approximately 1.94 billion. That's nuts. Acquired at an average cost of 100 and 2, 000 per Bitcoin. The Tokyo listed firm has often been compared to sailor strategy for the bitcoin focused treasury plan, and it has maintained momentum with a string of weekly acquisitions that continue to draw market scrutiny. Following the aggressive buying push that began last year, the company purchased 463bitcoin worth 53 million August 4, followed by 518bitcoin valid 6 at 61 million August 12. These acquisitions highlight Meta Planet's ambition to expand is Bitcoin reserves at a steady pace? I say that again and this stance has already influenced many players in Asia, where companies are increasingly weighing Bitcoin as a Treasury asset, which has also been catalyzed by the growing regulatory clarity in the regional market. Last week, Taiwan's Wise Link became the latest company to adopt a Bitcoin treasury strategy, committing 10 million through a convertible note and we covered that story in great detail. Yesterday's pot if you missed it, you can check it out after this show. The move not only Strengthens wise links Bitcoin+ Cross Border Finance Framework, but also is indication of a wider trend of the regional corporate integrating the digital assets into the traditional business strategies. Let's map out this week's amazing destinations and travel tips.
- [17:28]
Will (Co-host)
Honestly Will, I didn't plan any trips but I did switch to T Mobile with their new Family Freedom offer.
- [17:36]
JV (Host)
That's not the itinerary we're following.
- [17:39]
Will (Co-host)
Well, I'm departing from AT&T and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house.
- [17:52]
JV (Host)
Bon voyage.
- [17:54]
T-Mobile Advertiser
Introducing Family Freedom. Our lowest cost will switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com FamilyFreedom up to 800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte 8 29.99 Eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off earlier. Cancel contact T Mobile and other examples.
- [18:20]
JV (Host)
Of Asia accelerating the corporate Bitcoin race. We have South Korea's K Wave Media who partnered with Galaxy Digital Novogratz company to advance its own Bitcoin treasury plan and Siga Poor's Genius Group which has raised the target from 1,000 Bitcoin to 10,000. Why not 10x? That's exactly what we do in Bitcoin and owing to the Bitcoin strategy, Meta Planet reported the strongest quarter ever in Q2. CEO Simon called it the company's best performance in history. Ordinary profit serves to 118 million reversing the 47 million loss in the prior quarter while net income climbed to 75 million from 33 million loss loss a year earlier. Meanwhile, revenue rose 41 quarter on quarter to 8.4 million with gross profit increasing 38 to 5.5 million. Additionally, the company recorded a year to date Bitcoin yield of 468 this year. Not too shabby. That's practically a 5x baby. Quoting them here, we continue to project full year revenue of 3.4 billion Japanese yen konichiwa and operating profit of 2.5 billion Japanese yen supported by the reoccurring cash secured put premiums and operational performance. Positive operating cash flow enables the redeployment of the capital raised in the equity markets under the Bitcoin acquisitions with the objective of compounding the NIV per share over the long term. And there you have it yo. I mean more and more Bitcoin is being purchased up. I call this the Institutional FOMO like a mofo. And if you don't know you better ask the Nipinators co host JV because I got all the answers. All right fam. Our next story of the day. 93 of all the Bitcoin is already mine. Why is that significant and what does it mean and how much Bitcoin is left to mine? Not a lot. As of May 2025, approximately 19.6 million Bitcoin have already been mined, which is 93.3 of the total supply. That means it leaves roughly only 1.4 million bitcoin yet yet to be created. And those remaining coins will be mined very slowly considering the last Bitcoin will be mined in the year 2140 over 100 years from now. Broski's the reason for this uneven distribution is Bitcoin's exponential issuance schedule governed by the event called the infamous having. How many of you were here for the previous having of April? It was on April 19th of 2024 and we witnessed it right here in the stream. We had a having party when Bitcoin launched back in 2009. The block reward was 50 BTC every 210,000 blocks, which is approximately every four years. Then every having, obviously it gets cut in half. This is actually the timeline of the Bitcoin having schedule and it's mindboggling considering how early we are. Again, 2009 you can see here was the Genesis block 2012, the first having then 2016, then 2020, then 2024. And we still have all of these years to go until all the bitcoin is minting. So because the early rewards were so large, over 87 of the total supply was mined by the end of 2020. And each subsequent having sharply reduces the rate of the new issuance. Meaning it will take over a century to mine the remaining 7%. And according to the current estimates, 99 of all the Bitcoin will have been mine by 2035. That means in the next decade, 10 years from today, 99 of all the supply there will ever be of the 21 million already in existence. And remember, there's probably 4 or 5, potentially 6 million lost, gone, forgotten about. The last satoshis won't be produced until the year 2140 due to the nature of the geometric reward reduction. This engineered scarcity, I call it brilliance, combined with the immutable supply cap is what draws comparisons between the bitcoin and physical commodities like gold. I say you can't compare the two. One's an apex predator and one you can continue to find more in the earth forever. Laura, I'm just saying. Take that Peter Schiffer. Brains. Now Bitcoin is even more predictable. Gold supply grows at around 1.7 annually, whereas Bitcoin's issuance rate is transparently declining. And that's a fact. Next up, beyond the supply cap, how lost coins make it a lot scarcer. And that's what I just brought up. Estimates from chainalysis analysis and glass Note suggests between 3 and 3.8 million. Roughly 14 to 18 of the total supply likely gone for good. And I think that's a conservative estimate personally. And I think as the years go it's just going to be more lost coins. That includes high profile dormant addresses like that of Satoshi, who collectively has 1.1 million of the BTC, making him the largest holder and soon to be the richest man on the planet. On paper this means Bitcoin's true circulating supply, maybe closer to 16 million. Sounds more accurate, not 21 million. And because Bitcoin is non recoverable by design, any lost coins stay lost. And it just means our coins worth that much more. Take that haters. Now compare that to gold. Around 85% of the world's total gold supply has been mined. If you subscribe to that, I personally think they can always find more. And physicists recently figured out how to convert lead into gold. That was a mainstream news Article. So gold has relative scarcity, Bitcoin has true scarcity. And for the first time in human history, we finally have a form of money with real scarcity or as I define as true scarcity, where they can never print more or you know, cheat you out of this distinction gives bitcoin a kind of harden and scarcity. Hence the apex predator. Now what other things here? What happens when bitcoin is fully mined? Well, entertain it. Bitcoin's mining incentives are governed by the self correct and feedback loop. If mining becomes unprofitable, miners drop off the network which in turn triggers a Difficulty adjustment. Every 2016 blocks. Virtually every two weeks, the network recalibrates mining difficulty using a parameter known as N bits shout out to the nips. I'm just saying the the goal is to keep the block time steady at around 10 minutes. Tik Tok next block, regardless of how many miners are competing. That's part of the genius. And since bitcoin's price drops, or if it does, the reward becomes too small relative to the operating cost and efficient miners simply exit. This causes difficulty to fall, lowering the cost of those who remain. The result is a system that continually rebalances itself like magic, aligning network participation and available incentives. And that's pretty amazing. You guys all know when bitcoin was allegedly banned or bitcoin mining in China and then all of those people who were miners relocated and then the network got right back up, up and you know, doing its thing. So that's all positive and let's see if there's anything else. The future of bitcoin mining energy consumption is block rewards shrink. Miners are pushed towards thinner margins and that means chasing the cheapest, cleanest energy available, typically the largest cost besides the investment into the equipment, electricity. So oftentimes a lot of the big mining firms are where it's very cool. So they could save money on energy or just cheap energy in general. Like you know how Russia started a, a bitcoin mining hub in Ethiopia. It's probably because the, you know, the electric is so cheap. And since China's 2021 ban hash rate has migrated to regions like North America. That's right. That's actually a good thing. And according to the Cambridge center of alternative finance, between 52 and 59 of the Bitcoin mining now runs on renewables or low emission sources. Which means Elon Musk is time to start accepting bitcoin payments for Tesla. We're all going to boycott Tesla. If you're a bitcoiner, why would you buy one knowing he spreaded FUD and he never followed what he promised that if they can prove that you know more than half the network is not polluting the world as he was pushing that FUD for a time being that he would accept Bitcoin payments and he just never followed through. I mean I expect nothing less from Elon Fraudster, but it is what it is. All right fam. Now for our next story of the day. U. S should Fund Bitcoin Strategic Reserve with Excess Tariff let's map out this week's amazing destinations and travel tips.
- [26:21]
Will (Co-host)
Honestly Will, I didn't plan any trips, but I did switch to T Mobile with their new Family Freedom offer.
- [26:29]
JV (Host)
That's not the itinerary we're following.
- [26:31]
Will (Co-host)
Well, I'm departing from AT&T and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us a four new phones on the house.
- [26:45]
JV (Host)
Bon voyage.
- [26:46]
T-Mobile Advertiser
Introducing Family Freedom Our lowest cost to switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com FamilyFreedom up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte $829.99 Eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off early or cancel contact T Mobile surplus.
- [27:13]
JV (Host)
Ultimately and raise some net neutral strategy. Let's entertain it. So yeah, the United States government Let me actually get a There we go. The United States Government can purchase more Bitcoin for the US Strategic Reserve through funneling portions of the terrorist or tariff receipt surplus into the Bitcoin acquisitions. According to Aven or Adam Livingston, author of the Bitcoin Age of the Great Harvest. Livingston proposed taking a portion of the surpluses generated by trade tariffs every month and funneling that into a secure coal storage Bitcoin that is not traded, staked, sold, rehypothecated, used to fund programs or secure loans or lent out for yield. Quoting him here, as of July we have collected 1. 3. 5.7 billion in custom duties, double last year's pace. Let me repeat that. We're sitting on a $70 billion surplus from the tariffs and we haven't even finished the fiscal year. Now that surplus plus unallocated it is not pre spent. It is not tied to Medicare entitlements, debt service it's just floating like a root beer float, waiting, looking for a productive use case as the outlines here now. Also check this out. The proposal to fund the U. S Bitcoin strategic reserve with the tariff surplus could be the path for the government to buy more of the biddy Under U. S. President Trump's executive order stipulating additional bitcoin can only be acquired through budget neutral strategies. So this is just one of many different viable methods. Now Scott Besson, secretary of the U. S. Treasury department said Thursday the U. S. Government would not be buying any new bitcoin for the strategic reserve. And then he flip flopped after negative reviews and said well we could if it's net neutral. But now I'm not so confident they're going to buy any bitcoin. They just choose to confiscate it for whatever reason. Quoting them here, we're not going to be buying that, but we are going to use confiscated assets and continue to build that up. So it seems the United States's focus is going to be to steal the bitcoin from those they can steal it from. I mean, I don't know how else to dissect that. Besson backpedaled later that day again because people are like what the bro Clarifying the US Government is still exploring budget neutral pathways. Well, explore no more. You, you know the methods. You can use surplus plus tariff funds as outlined here in this article. You can trade your worthless gold if there's even any left at Fort Knox. You can just print more money out of thin air. I mean there's a lot of options. But anyways, several budget neutral strategies have been proposed including revaluing the treasury's gold holdings. I think that's probably the smartest. Which are currently priced at $42 per troy ounce while gold trades at the spot market for right now 3, 300 per ounce. Other budget neutral avenues include reallocating some of the government's other existing reserve assets, selling off oil. There you go. From the strategic petroleum reserve. I much rather have a strategic bitcoin reserve than a petroleum reserve for example, to acquire more the btc. But we shall soon see. All right fam. Now for our feature story of the day. Dutch public company Amdax just announced a plan to buy 1% of the total bitcoin supply. Let's go. So here we go. Dutch firm amdax plans bitcoin treasury listing on the euro next Amsterdam. Amsterdam for the win. One of my favorite places by the way. Dutch crypto service provider amdax preparing to launch a Bitcoin treasury company on Amsterdam's Euro Next stock exchange as more European companies follow US counterparts in adopting Bitcoin strategies, AMDAC said Just here today. On Monday, it's creating the Ambulance btsbv, a privately held company with independent governance that will operate as a standalone firm. Ambts aims to become a 1% bitcoin treasury company with the goal of eventually accumulating 1% of the entire Bitcoin supply in circulation. The company said it plans to raise capital in stages through the markets to expand his bitcoin holdings, grow equity value and increase Bitcoin per share metrics for the investors. Accumulating 1% of the Bitcoin supply would require more than 24 billion at the current prices with Bitcoin at roughly 116000 now. Amdax was the first crypto service provider to register with the Dutch central bank back in 2020. The platform was amongst the first Dutch crypto service providers receiving a Market in Crypto Asset Regulation License from the Dutch Authority for the financial markets on June 26. Amdax and Ambts tests plan to raise capital from the private investors in an initial financing round with the net proceeds expected to be used to make a head start with a Bitcoin accumulation strategy now. AMDAC said its platform offers 33 cryptos for trading, automated investing and expert managed portfolio strategies for users. Now this is pretty big deal as more European companies are adopting Bitcoin as a primary treasury reserve asset asset, another one bites the dust. However. Bitcoin exposure is still relatively small in investment portfolios as pointed out by their CEO quoting him here with now over 10% of Bitcoin supply held by corporations, governments and institutions. I call it the fomo like a mofo. We think the time is right to establish a Bitcoin treasury company with the aim of obtaining a listing on the euro Next Amsterdam, one of the leading exchanges in Europe now. Currently, at least 15 European companies have already publicly announced adopting Bitcoin as part of their corporate balance sheet. These include Germany based bitcoin group with 3600 bitcoin, the UK based smarter web company with 2400 bitcoin, and France based blockchain group with 1653 BTC, as well as UK's Satsuma Tech now with 1100 and 26 BTC and there's also other European companies with less than a thousand bitcoin which include Sweden's H100 Group, Samara Asset Group, Coin Shares International Ltd. 3U Holding, Advanced Bitcoin Technologies, Phoenix Digital Assets Bolts Capital, Van Dye Coffee, Acre, ASA K33 and the refined group. Meanwhile, Bitcoin has outpaced all the major asset classes over the past decade increasing more than 26,900% compared with gains of 193 for the S P 500. Which is laughable, right? Gold 125 laughable and 4.3% for the crude oil. I mean it is what it is. You can see numbers don't lie. Check the scoreboard. Bitcoin vs Tradfi asset 10 year performance and literally Bitcoin is up. I mean it's not even a joke. 28,000% where everything else is a flatline. And beyond Europe and the US corporate Bitcoin adoption is also steadily growing in Asia. As we just entertained earlier, Meta Planet continues to buy bitcoin every week. Following in the sailor put, you know I mean following the bitcoin alchemist and I mean strategy just made another announcement now. Meta planet just added 775bitcoin for 89 million. Now have 18,888 of the bcz word 2.1 million at today today's prices Meta Planet Stock also jumped 190 year to date outperforming the 7% rise of Japan's leading and most liquid blue chip companies. Take that blue chippers tracked by the Tokyo stock price index. I mean and more and more going to be added. Despite an optimistic earnings report released last week, Google Finance showed Meta Planet stock price fell 12% during the past five trading days as the market is currently correcting the trade at 900 Japanese yen which is $6.11 per share. But what are your guys's thoughts on that? As companies all around the world are adopting Bitcoin. I mean literally it seems every day but for sure every week I'm covering what Whether it's countries at the nation state level or bitcoin treasury firms pension funds, there's just mass adoption which will lead to the mother of all supply shocks. There's such a limited supply. We have the least amount of bitcoin available on the exchanges than we have seen in the past eight years. But we have the highest demand we have ever witnessed since the inception of the Genesis block. What does that mean? Numbers going up forever. Laura, parabolic run up. Let me know your thoughts. My prediction for this cycle peak is 222 000. That's my bear scenario. Will it happen this year? I honestly don't know. I'm divided. We may have the extended cycle into the following year. Right? So we'll soon find out. And my base case 420 for the Broskis and 1.1 million bear scenario. Taking the divine 11, which is the 1111 God frequency and just putting the decimal in between the ones. So Bitcoin at 1.1 million. Send it. And don't forget to check out out bitcoin news alerts.net for the full premium experience with video and to participate in the live stream along with the Q and A. And I look forward to seeing you on tomorrow's episode Hoddle.