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Washington Said the Quiet Part Out Loud

The US national debt just surpassed GDP for the first time since World War II. The same week, the White House said a big announcement on the Strategic Bitcoin Reserve is coming within weeks, and two senior cabinet officials testified that Bitcoin is a tool of American power projection. Tether announced a merger that would create a new publicly listed Bitcoin company backed by mining, payments, and Tether's own balance sheet. Bitcoin closed the week above $78,000.

May 3, 2026

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2 min read

Washington Said the Quiet Part Out Loud

The Admiral, the ETF, and the Company That Beat BlackRock

Strategy now holds more Bitcoin than BlackRock. A four-star admiral told the Senate that Bitcoin is a power projection tool. NYDIG says institutional positioning is still far from crowded. And the CLARITY Act is running out of time to pass this year. The pieces are not moving slowly anymore.

Apr 26, 2026

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2 min read

The Admiral, the ETF, and the Company That Beat BlackRock

Bitcoin Woke Up. So Did Washington.

Bitcoin just reclaimed $78,000 on the back of a geopolitical ceasefire, Strategy's STRC vehicle raised $2.2 billion in two days, and JPMorgan says the CLARITY Act is down to its last two disagreements. The pieces are moving at the same time. That does not happen by accident.

Apr 19, 2026

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2 min read

Bitcoin Woke Up. So Did Washington.

Wall Street Didn't Wait for Washington. Washington Is Finally Catching Up.

Strategy's STRC vehicle raised enough capital to buy 10,000 bitcoin in a single week. Morgan Stanley launched the first bank-affiliated spot Bitcoin ETF in US history, undercutting BlackRock on fees on day one. The Treasury Secretary publicly demanded Congress pass the CLARITY Act. The FDIC moved to implement the GENIUS Act. And Charles Schwab told its 46 million clients that a 3% to 22% Bitcoin allocation is mathematically optimal. This was not a quiet week.

Apr 12, 2026

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7 min read

Wall Street Didn't Wait for Washington. Washington Is Finally Catching Up.

The Institutions Didn't Get the Memo That Bitcoin Is Supposed to Be Dead

While the WSJ ran a quantum scare story and Bitcoin sat near $68k, three separate companies spent this week adding thousands of BTC to their balance sheets. Strategy's new STRC vehicle bought 4,535 bitcoin in four days. Metaplanet came back from a 120-day pause with a 5,075 BTC purchase. BlackRock filed a ticker for a brand new Bitcoin yield ETF. The buyers are not waiting for permission. GameStop, meanwhile, handed its bitcoin to Coinbase and let them rehypothecate it. Not everyone is playing the same game.

Apr 5, 2026

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6 min read

The Institutions Didn't Get the Memo That Bitcoin Is Supposed to Be Dead

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