Forza! BTC

Forza! is @CoinsiliumGroup 's Gibraltar-based Bitcoin treasury company. (AQUIS:COIN) (OTCQG:CINGF)

[Forza! BTC @ForzaBitcoin]

Well done @btcjvs !! Great job Representing @CoinsiliumGroup + @ForzaBitcoin at The Bitcoin Treasuries NYC Unconference today! 🙌👏👏 @TimKotzman $CINGF $COIN.AQ

[Yellow @Yellow]

In the Yellow trading framework, there is no requirement for trust or any kind of third party.

This means brokers, bankers, AI agents, and traders can interact easily, with confidence, and without friction.

@AlexisYellow

[Coinsilium @CoinsiliumGroup]

Congratulations @otomato_xyz team!! - Great news and great to see the momentum building 🙌 👍

[Forza! BTC @ForzaBitcoin]

RT @CoinsiliumGroup: Coinsilium Makes Strategic Venture-Building Investment in the Prediction Markets Sector
https://t.co/5xrYSqwNl9

[James Van Straten @btcjvs]

The bull case for bitcoin continues

[StockBox🎙️📈📽️ @StockBoxMedia]

Coinsilium Outlook for 2026 & The Rise of Digital Assets

@StockBoxMedia spoke to Eddy Travia, CEO and co-founder of @CoinsiliumGroup (AQSE: COIN), about the company’s strong 2025 performance and outlook for 2026.

Watch below ⬇️
https://t.co/zvT201vK88

➡️ 2025 saw a landmark rise in institutional interest in digital assets, with $115B in spot Bitcoin ETFs and 55% of hedge funds holding crypto, signaling growing mainstream traction.

➡️The company ended 2025 with a strong balance sheet, holding 182 Bitcoin via its Forza treasury unit, and a promising portfolio poised to benefit from DeFi, tokenization, and stablecoin trends.

➡️With board changes and a 10-year milestone since its IPO, Coinsilium remains committed to the digital asset sector, focusing on innovation and shareholder value into 2026.

[Coinsilium @CoinsiliumGroup]

Result of AGM and Chairman’s Statement https://t.co/0ZgtLnJ5Sv $COIN.AQ 🇬🇧 $CINGF 🇺🇸

[MR SHIFT 🦁 @KevinWSHPod]

Gm Folks
We’re back!

This is the tenth edition of the bi-weekly bulletin launched in collaboration with @ForzaBitcoin and the @CoinsiliumGroup.
Thank you for reading (and loving!) the previous editions.

This time as well, we’ll be diving into the latest developments in financial markets, with a strong focus on the macroeconomic trends that drive and reinforce Bitcoin’s growing relevance as a global financial asset.

Forza! Bitcoin is a 100%-owned subsidiary of Coinsilium Group ($COIN.AQ $CINGF) registered in Gibraltar, and established to manage the Company’s Bitcoin Treasury and strategy.
Together, we’ll keep you updated on the latest moves around Bitcoin.

But first, let’s get this part out of the way:
Always DYOR:

This bulletin is for informational purposes only and contains summaries of news articles originally published by third-party media outlets. Please refer to the full disclaimer at the end of the post.

Now, let’s get started.
Here are the highlights:

⚡️ Big Money Moves
👉Biggest Buy Since July!
👉Bitcoin Buyers, Bitcoin Miners
👉A Cautious Entry
👉Not To Tether
👉BTC for National Projects
👉Coinsilium and Yellow Executives to Speak at Consensus Hong Kong 2026

🌍 Bitcoin in the Wild
👉 That's 15% Off
👉TradFi & Bitcoin
👉What's India's Most-Invested Cryptocurrency?
👉Bitcoin’s Destiny on Nevis

⚡️ Big Money Moves

💰 Biggest Buy Since July!
Strategy, formerly known as MicroStrategy, just bought another 10,645 Bitcoin, spending about $980 million at roughly $92k per coin. That is its biggest weekly buy since July and pushes its total stash to around 671,000 BTC. At today’s prices, that makes it by far the largest corporate holder of Bitcoin in the world, well ahead of any public company.

What makes this purchase interesting is the timing because Bitcoin prices have been a little choppy, and Strategy’s own stock has been under pressure. But Strategy is doubling down on the idea that Bitcoin will outperform everything else over the long run.

💰Bitcoin Buyers, Bitcoin Miners
Eric Trump’s American Bitcoin is now holding about 5,098 BTC! That puts it among the larger public-company Bitcoin treasuries.

At the same time,
Hyperscale Data says it added just over 41 Bitcoin in a single week through its subsidiary Sentinum, raising its total holdings to roughly 498 BTC. This is a slightly different model from other firms because Sentinum is tied to data centers and digital infrastructure, so some of its Bitcoin is earned through mining rather than bought outright in the market.

💰 A Cautious Entry
Connecting Excellence has built a Bitcoin position, making two separate purchases worth just over £1 million in total. First, it bought about 8.13 BTC for £560k at an average price of £68,900 per coin. Shortly after, it followed up with another 7.37 BTC for £500k at roughly £67,800 per Bitcoin.

Taken together, this is not a massive bet in Bitcoin terms, but it is a cautious entry into the market. By splitting the buys and disclosing average prices, the company is acting like a treasury.

💰 Not To Tether
Northern Data has sold its Bitcoin mining arm, Peak Mining, in a deal that could be worth up to $200 million. The buyer is a group of entities linked to Tether’s leadership.

To be clear, this does not mean Tether itself announced a direct acquisition, but the entities involved are connected to people at the top of Tether, the company behind USDT, the world’s largest stablecoin. This makes sense because Tether has been steadily expanding into Bitcoin mining, energy, and infrastructure.

💰 BTC for National Projects
Bhutan has unveiled a national Bitcoin Development Pledge that could put up to 10,000 BTC to work, roughly $860 million, to help fund Gelephu Mindfulness City, a planned economic hub in the country’s south.

Bhutan has been mining Bitcoin for years using surplus hydropower. When rivers run strong and domestic demand is low, excess electricity is otherwise wasted. Mining simply converts that unused power into Bitcoin. What is new here is the decision to use those holdings to support long-term national projects, rather than selling.

Officials have been careful with the framing. They stress capital preservation, transparency, and long-term stewardship. Think of it more like using a reserve asset as collateral, or backing for infrastructure, similar to how countries use gold or sovereign wealth funds.

And rounding up this section,
🇭🇰 Coinsilium and Yellow Executives to Speak at Consensus Hong Kong 2026
Coinsilium and Yellow Network have confirmed their participation at Consensus Hong Kong 2026, taking place from 10–12 February at the Hong Kong Convention and Exhibition Centre. Senior representatives scheduled to speak include Coinsilium CEO Eddy Travia, Strategic Advisor James Van Straten, and Yellow Network Co-Founder Alexis Sirkia.

Consensus is one of the crypto industry’s biggest global conferences, essentially a meeting point for builders, investors, regulators, and policymakers. Hong Kong, in particular, has been positioning itself as a regulated gateway for crypto in Asia, making it a natural convening point for global industry leaders shaping the next phase of digital-asset adoption.

📌 FYI: Coinsilium’s shares are traded on the Aquis Stock Exchange Growth Market in London, under the ticker symbol "$COIN.AQ", and on the OTCQB Venture Market in the United States under the ticker symbol "$CINGF".

And now, we move on to the next section.

Those were the big money moves, but let’s not forget…
It's not just the money following Bitcoin.
It’s everybody.

Keep reading for the latest on regulation, adoption, and all things Bitcoin.

⭐ That's 15% off
The U.S. Treasury has clarified that Bitcoin and other digital assets are exempt from the 15 percent Corporate Alternative Minimum Tax. The tax was initially introduced to ensure big corporations pay a minimum level of tax based on their reported profits, not just taxable income. But it was worrying because gains on assets like Bitcoin could be swept in, forcing companies to pay tax on paper profits they had not actually realized.

By carving digital assets out, the Treasury is effectively saying companies will not be taxed simply because Bitcoin’s price moves up while they are holding it. That matters a lot. Without this exemption, Bitcoin would have been far less practical as a reserve asset, regardless of how bullish management might be.

⭐TradFi & Bitcoin
The UK government has published draft legislation that would formally pull cryptocurrencies into the same legal framework that governs traditional financial services. In simple terms, crypto firms and products would be treated more like banks, brokers, or investment platforms. That includes clearer rules around transparency, custody, and consumer protections, especially for Bitcoin-linked products like ETPs, which are exchange-traded products that let investors gain exposure to Bitcoin without holding it directly.

Alongside this, the Financial Conduct Authority has opened a consultation on how those rules should actually work in practice. The consultation is meant to solve complications, especially around disclosures, risk warnings, and who is allowed to sell what to whom.

In Addition,

A U.S. national bank regulator has confirmed that banks under its supervision can now act as intermediaries for crypto transactions. In practice, this means traditional banks can facilitate Bitcoin transfers, custody, and related services for clients without breaking federal laws. For years, one of the biggest barriers to corporate and institutional Bitcoin adoption has been access. With banks now able to play this role, Bitcoin can move more seamlessly alongside dollars, deposits, and other traditional mechanisms.

⭐What's India's Most-Invested Cryptocurrency?
Bitcoin has now surpassed Dogecoin as the most-invested cryptocurrency in India. But the most interesting part is that buying is no longer limited to Mumbai, Delhi, or Bangalore. Smaller cities and even rural areas are showing growing participation.

This reflects a wider shift in India’s crypto landscape. Regulatory clarity has improved, payment and trading infrastructure is expanding, and local exchanges are making it easier for ordinary investors to buy and hold Bitcoin.

And finally,
⭐Bitcoin’s Destiny on Nevis
Olivier Janssens, a prominent Bitcoin investor, is leading a project called Destiny on Nevis, a small Caribbean island. The plan is to build a self-governed community with its own private court system, all enabled under a new Nevisian law designed for such initiatives. It’s an experiment in creating legal and social structures around Bitcoin that operate somewhat independently of traditional nation-state systems.

The idea is centered around governance. Residents would have a degree of autonomy in how disputes are handled and rules are enforced, with Bitcoin woven into the financial and legal fabric of the community.

And that’s it!

Long read, but we hope you enjoyed it.

The next edition will be dropping next year, so set a reminder in your calendar.

Till then,

Thank you for being a part of the When Shift Happens family.

Full Disclaimer
All rights to the original content belong to the respective publishers. We do not claim ownership of any third-party material and provide proper attribution, including source links, for transparency and reference. While we strive for accuracy in our summaries, we make no warranties or guarantees regarding the completeness or accuracy of the information provided.

Any mention of cryptocurrency, financial products, public company stocks, or other investment instruments in this newsletter or the referenced articles is not intended as financial advice or a recommendation to invest. The information is not tailored to any individual’s circumstances and should not be relied upon for investment decisions. Readers are encouraged to consult the original articles and seek independent financial, legal, or professional advice before making any investment.

The author(s) of this report may hold, directly or indirectly, positions in the securities or digital assets (including shares or tokens) of the company(ies) or project(s) mentioned herein. Any such holdings are disclosed for transparency and should not be construed as a recommendation to buy, sell, or hold any financial instrument.

[Coinsilium @CoinsiliumGroup]

Portfolio Company Update: Otomato Web3 Automation Protocol Secures USD2m Strategic Investment from Top 20 UK Deep-Tech Venture Builder
https://t.co/8Ab0XG9oGu 🇬🇧 $COIN.AQ 🇺🇸 $CINGF

[Yellow Media @YellowMedia_HQ]

$BTC calm before the storm, this holder clash could spark a violent breakout or crash

By @murtuza_merc

https://t.co/WRZXEX0f96

[Forza! BTC @ForzaBitcoin]

Latest Forza! Bitcoin Bulletin is out! $COIN.AQ 🇬🇧 $CINGF 🇺🇸

[MR SHIFT 🦁 @KevinWSHPod]

Gm Folks
We’re back!

This is another edition of the bi-weekly bulletin launched in collaboration with Forza! Bitcoin and the @CoinsiliumGroup .
Thank you for reading (and loving!) the previous editions.

This time as well, we’ll be diving into the latest developments in financial markets, with a strong focus on the macroeconomic trends that drive and reinforce Bitcoin’s growing relevance as a global financial asset.

Forza! Bitcoin is a 100%-owned subsidiary of Coinsilium Group ($COIN.AQ $CINGF) registered in Gibraltar, and established to manage the Company’s Bitcoin Treasury and strategy.
Together, we’ll keep you updated on the latest moves around Bitcoin.

But first, let’s get this part out of the way:

Always DYOR:

This bulletin is for informational purposes only and contains summaries of news articles originally published by third-party media outlets. Please refer to the full disclaimer at the end of the post.

Now, let’s get started.

Here are the highlights:

⚡️ Big Money Moves
👉$1 million profit from BTC?
👉Data and BTC
👉That’s more BTC than the market is producing!
👉Howdy BTC
👉Coinsilium’s Portfolio Company Greengage Plans to IPO in the UK with a Bold Bitcoin-backed Lending Strategy

🌍 Bitcoin in the Wild

👉Just like any other transfer…
👉Cautious Optimism
👉BTC as collateral?
👉BOA advisors can finally say buy BTC

⚡️ Big Money Moves

💰$1 million profit from BTC?

Lion Group, a Hong Kong–based financial services firm, just raised $10 million in a private deal specifically to buy Bitcoin. A private placement is basically when a company sells shares to a small group of investors instead of going through the public market.

Meanwhile, Singapore’s Genius Group has expanded its Bitcoin position, moving from 138 BTC to 180 BTC, roughly a 30 percent boost to its treasury. The company also said it has already made about $1 million in realised profit from earlier Bitcoin buys.
The timing actually makes sense since Bitcoin has been climbing again, and more corporates in Asia are experimenting with holding a small portion of their reserves in Bitcoin as a diversification bet.

💰Data and BTC

Hyperscale Data, a U.S. data-centre and GPU hosting company, says its Bitcoin treasury is now worth about $72.25 million when you combine the BTC they hold with cash set aside to buy more. They’ve been steadily accumulating throughout 2025 on a parallel track to their core infrastructure business.

Moves like this are becoming more common as companies with strong cash flow or exposure to digital infrastructure look for assets that can appreciate independently of their operating business. If this pace continues, Hyperscale could end up among the larger corporate Bitcoin holders heading into 2026.

💰That’s more BTC than the market is producing!

A new report says big investors and “whales” are buying Bitcoin at the fastest pace ever recorded. They’re taking in roughly 240 percent of the new BTC being mined, which basically means they’re buying far more than the market is currently producing. When that happens during a price dip, it usually signals strong conviction from long-term holders.

Moreover, research shows that public companies added about 12,600 BTC (worth roughly $1.1 billion) to their balance sheets in November, despite it being the slowest month of corporate buying in 2025, which tells you how high the baseline has become compared to previous years.

💰Howdy BTC

Texas’s first purchase for its new Strategic Bitcoin Reserve is now confirmed: the state put about $5 million into BlackRock’s IBIT spot Bitcoin ETF, drawing from a $10 million allocation approved earlier in the year. It’s a tiny position compared with Texas’s broader ETF holdings, but it’s symbolically enormous, because this is the first U.S. state to formally hold Bitcoin exposure inside a state-managed reserve.

By choosing a regulated ETF rather than buying Bitcoin directly, Texas is effectively saying it wants crypto exposure in a traditional structure, but it also positions the state as a long-term hub for Bitcoin mining, custody and energy-backed digital assets.

If this experiment goes smoothly, Texas may scale the reserve, and it wouldn’t be surprising if a few crypto-friendly state treasurers start floating similar ideas next year.

And rounding up this section,

💰 Coinsilium’s Portfolio Company Greengage Plans to IPO in the UK with a Bold Bitcoin-backed Lending Strategy

Coinsilium just got the kind of news every early-stage investor hopes for. One of its key portfolio companies, Greengage, announced plans to go public on the Aquis Stock Exchange Growth Market in London. Greengage runs a B2B platform that helps SMEs, family offices, and fiduciaries move between traditional banking rails and digital assets, with more than $350 million in loans originated and over 40 active clients.

Greenage is a part of Coinsilium’s portfolio of investments across the digital asset space, in addition to its Bitcoin treasury and strategy managed by Forza, its 100%-owned subsidiary registered in Gibraltar, designed to enhance Coinsilium’s long-term financial resilience.

What makes this potential float especially relevant for Coinsilium is Greengage’s new strategy which would include using part of the planned IPO raise to buy Bitcoin and building a “Bitcoin Yield Reserve,” where it would hold BTC on the balance sheet, borrow against it on a non-recourse basis (meaning the lender can only claim the collateral in Bitcoin, not the company’s assets), and then deploy those funds into high-yield private credit portfolios.

It’s a hybrid model that could potentially enable Greengage to become one of the first fintechs to turn Bitcoin treasury management into a commercial product for other corporates and wealth management platforms.

For Coinsilium, which owns 27,133 Greengage shares, this is aligned with their strategy to invest in and support the infrastructure around Bitcoin finance.

📌 FYI: Coinsilium’s shares are traded on the Aquis Stock Exchange Growth Market in London, under the ticker symbol "$COIN.AQ", and on the OTCQB Venture Market in the United States under the ticker symbol "$CINGF".

And now, we move on to the next section.

Those were the big money moves, but let’s not forget…
It's not just the money following Bitcoin.
It’s everybody.

Keep reading for the latest on regulation, adoption, and all things Bitcoin.

⭐Just like any other transfer…

France’s second-largest banking group, BPCE, is rolling out in-app crypto trading to its customers, starting with a 2-million-user pilot before expanding to all 12 million clients. People will be able to buy and sell Bitcoin directly inside their normal banking app, alongside assets like ETH, SOL and USDC.

This is a big deal, especially in Europe, where compliance rules are strict, and many banks have historically kept crypto at arm’s length. The timing also lines up with MiCA, the EU’s new regulatory framework, which has made it easier for established financial institutions to offer digital asset services without regulatory uncertainty.

Similarly,

GoTyme Bank in the Philippines just rolled out “Go Crypto,” a feature inside its regular banking app that lets customers buy, sell and hold 11 cryptocurrencies, including Bitcoin. What makes this notable is that it’s aimed at normal consumers rather than traders.

The service sits under the Bangko Sentral ng Pilipinas’ virtual-asset rules, which means it’s regulated and designed to feel as safe and familiar as any other bank product. For a country where mobile banking adoption is high and remittances are a big part of financial life, putting crypto directly inside a bank app could drive a different kind of mainstream usage.

⭐Cautious Optimism

Market analysts and a handful of crypto firms are calling for a December rebound, pointing to rising liquidity, expectations that major central banks may start adjusting interest rates, and a noticeable increase in investor activity. Bitcoin has already bounced back above $90K, which has caught the attention of institutional buyers who see this range as a reasonable entry point.

Nothing is guaranteed, but the mood has clearly shifted from caution to optimism.

⭐BTC as collateral?

The UK’s new Property (Digital Assets etc.) Act 2025 has officially become law after receiving Royal Assent. The law does something pretty significant: it recognises cryptoassets like Bitcoin as their own legally defined form of property in England and Wales.

Before now, courts relied on case law and older property doctrines to handle disputes involving digital assets, but with this Act in force, questions around ownership, inheritance, collateral, and enforcement become much clearer. For example, lenders can now take Bitcoin as formal collateral, and estates can pass on BTC with the same legal certainty as other assets.

It also gives courts stronger tools to recover or freeze crypto in fraud or insolvency cases, which had been difficult under traditional property categories.

And finally,

⭐BOA advisors can finally say buy BTC

Bank of America is making a major policy shift: starting in early 2026, advisors at Merrill and Bank of America Private Bank will finally be allowed to recommend crypto exchange-traded products, including U.S. spot Bitcoin ETFs, to clients who meet suitability requirements. Until now, advisors could only respond if a client specifically asked; they couldn’t proactively suggest any crypto exposure.

This move puts one of the largest U.S. wealth managers in the same camp as firms like Morgan Stanley and Wells Fargo, which have slowly opened the door to Bitcoin ETFs after the SEC approvals earlier this year. For a bank that has historically been cautious on crypto, shifting from passive tolerance to active distribution is a meaningful change in stance.

And that’s it!
Long read, but we hope you enjoyed it.

The next edition will be dropping soon, so set a reminder in your calendar.

Till then,

Thank you for being a part of the When Shift Happens family.

Full Disclaimer
All rights to the original content belong to the respective publishers. We do not claim ownership of any third-party material and provide proper attribution, including source links, for transparency and reference. While we strive for accuracy in our summaries, we make no warranties or guarantees regarding the completeness or accuracy of the information provided.

Any mention of cryptocurrency, financial products, public company stocks, or other investment instruments in this newsletter or the referenced articles is not intended as financial advice or a recommendation to invest. The information is not tailored to any individual’s circumstances and should not be relied upon for investment decisions. Readers are encouraged to consult the original articles and seek independent financial, legal, or professional advice before making any investment.

The author(s) of this report may hold, directly or indirectly, positions in the securities or digital assets (including shares or tokens) of the company(ies) or project(s) mentioned herein. Any such holdings are disclosed for transparency and should not be construed as a recommendation to buy, sell, or hold any financial instrument.

[Forza! BTC @ForzaBitcoin]

$COIN.AQ 🇬🇧 $CINGF 🇺🇸 portfolio news

[Proactive @proactive_x]

$COIN Greengage plans AQSE float with bold Bitcoin-backed lending strategy https://t.co/gXhMhU2faT @CoinsiliumGroup $5CT $CINGF #COIN #5CT #CINGF

[Proactive @proactive_x]

$COIN Coinsilium communicates key aspects of Yellow Tokens ahead of launch https://t.co/e0cdPYJCNp @CoinsiliumGroup $5CT $CINGF #COIN #5CT #CINGF

[Coinsilium @CoinsiliumGroup]

Yellow Network Strategic Partnership Update
Treasury Update
https://t.co/N2VU9TBnXP

[MR SHIFT 🦁 @KevinWSHPod]

Gm Folks
We’re back!

This is another edition of the bi-weekly bulletin launched in collaboration with @ForzaBitcoin and the @CoinsiliumGroup.
Thank you for reading (and loving!) the previous editions.

This time as well, we’ll be diving into the latest developments in financial markets, with a strong focus on the macroeconomic trends that drive and reinforce Bitcoin’s growing relevance as a global financial asset.

Forza! Bitcoin is a 100%-owned subsidiary of Coinsilium Group ($COIN.AQ $CINGF) registered in Gibraltar, and established to manage the Company’s Bitcoin Treasury and strategy.
Together, we’ll keep you updated on the latest moves around Bitcoin.

But first, let’s get this part out of the way:

Always DYOR:

This bulletin is for informational purposes only and contains summaries of news articles originally published by third-party media outlets. Please refer to the full disclaimer at the end of the post.

Now, let’s get started.
Here are the highlights:

⚡️ Big Money Moves

👉Never Too Small To Buy BTC
👉That's 90M in BTC!
👉Hyperscale and the 100% Pairing
👉Coinsilium Enters Growth Phase Powered by Forza!

🌍 Bitcoin in the Wild

👉The Largest Crypto Forfeiture Action In U.S. History
👉Bigger than FTX and COVID…
👉Who’s Getting Compensated?
👉Buy Coffee with BTC
👉Adoption and Regulation

⚡️ Big Money Moves

💰Never Too Small To Buy BTC

ZOOZ just announced it bought an additional 88.888 Bitcoin at an average price of $112,500 per coin, so roughly $10 million in this latest purchase. That brings its total bitcoin holdings to about 942 BTC.

What makes this interesting is that ZOOZ is a smaller‐cap company, dual‐listed on both the Nasdaq and the Tel Aviv Stock Exchange, that has decided to hold bitcoin as a core asset in its treasury.

Although many larger companies with big treasuries already hold bitcoin, seeing smaller firms follow suit signals that the “accumulate bitcoin as corporate treasury” trend is more than just big names. It also suggests that despite volatility in crypto markets, some firms are choosing to double down. If this keeps up, we might see more companies of ZOOZ’s size (or even smaller) adding bitcoin to their balance sheets.

On the other hand…

💰 That's 90M in BTC!

Strategy bought 220 BTC for about $27.2 million, which works out to roughly $123k per coin. That purchase brings their total bitcoin holdings to 640,250 BTC, at an aggregate cost of about $47.38 billion.

Around the same period, BlackRock reportedly acquired roughly $60 million worth of Bitcoin. While some sources say $60M in purchases, others note approximately $77.7 M transferred to a custody platform (which could be for custody or trading) around the same time.

Strategy is one of the biggest corporate holders of bitcoin, and its latest buy came just before a market dip. With BlackRock being one of the world’s largest asset managers, it shows that major institutional players are still active in the crypto space even when markets are volatile.

💰Hyperscale and the 100% Pairing

Hyperscale Data’s bitcoin treasury is now about $54 million, which is roughly 59% of the company’s market value. Their subsidiary, Sentinum, Inc., holds about 130.78 BTC (~$15.1 million) via mining and market purchases.

The treasury is shifting to a “100% pairing” model, meaning they’re aiming for the company’s market value to be tightly linked to bitcoin holdings, and will continue to build toward a $100 million digital asset treasury.

And rounding up this section,

💰 Coinsilium Enters Growth Phase Powered by Forza!

Coinsilium has announced that it is entering a transformative phase as a digital-asset investor and venture builder, leveraging its strengthened balance sheet and strategic Bitcoin treasury of 182 BTC to actively pursue high-growth opportunities.

What’s interesting is how Coinsilium is positioning itself differently from companies that simply buy bitcoin and sit on it. While the treasury is a core pillar, the company is also actively building, investing in, and supporting ventures in payments, trading infrastructure, and blockchain-finance solutions.

With portfolio investments approaching critical commercial milestones and industry adoption accelerating beyond experimentation into real-world utility, the Company is now poised to capitalize on scalable opportunities within a maturing regulatory and institutional framework.

Since digital-asset regulation and institutional adoption are gaining more legitimacy (better rules, more acceptance), a firm like Coinsilium that has both treasury exposure and operational/venture exposure might be better-positioned for the long haul.

📌 FYI: Coinsilium’s shares are traded on the Aquis Stock Exchange Growth Market in London, under the ticker symbol "$COIN.AQ", and on the OTCQB Venture Market in the United States under the ticker symbol "$CINGF".

And now, we move on to the next section.

Those were the big money moves, but let’s not forget…
It's not just the money following Bitcoin.

It’s everybody.

Keep reading for the latest on regulation, adoption, and all things Bitcoin.

⭐The Largest Crypto Forfeiture Action In U.S. History

As part of the crackdown against Chen Zhi (also known as “Vincent”), the chairman of the Cambodian-based conglomerate Prince Holding Group, U.S. and UK authorities seized about 127,271 BTC (worth approximately US $14–15 billion) from unhosted wallets linked to the scheme, making it the largest crypto forfeiture action in U.S. history.

The group has also been designated a transnational criminal organization by the U.S. Treasury, charged with wire fraud conspiracy and money laundering conspiracy, and dozens of associated entities have been sanctioned.

According to the U.S. Department of Justice, the scheme revolved around “pig-butchering” style crypto investment fraud, and the Prince Group ran forced-labor compounds in Cambodia where trafficked workers were made to execute the scam operations using “phone farms” and thousands of devices.

⭐Bigger than FTX and COVID…

The crypto market underwent its largest single-day liquidation event ever, with over US$19 billion in leveraged positions wiped out in about 24 hours. The trigger appears to have been a sharp macro/regulatory shock, partially due to renewed US–China trade/tariff tension, which spooked markets already loaded with leverage.

Bitcoin dropped into the low US$104–105k range, open interest (i.e., outstanding leveraged positions) reset sharply, and many crypto-native venues bore the brunt. In the days following, the market has shown signs of stabilizing, with the judgment among analysts that this purge of excessive leverage may actually be a “healthy reset”.

Importantly, though, institutional access via ETFs remains active. While ETFs saw significant outflows around October 17 (e.g., US spot Bitcoin ETFs recorded over $500 million in daily net outflows), the presence of such flows shows the institutional channel hasn’t shut down.

⭐Who’s Getting Compensated?

The UK government has proposed a compensation scheme for victims of a massive China-linked bitcoin scam, where more than £5 billion worth of bitcoin was seized in 2018 (about 61,000 BTC) after investors in China were defrauded. The scheme was announced at a High Court hearing in London, but key details, like exactly which victims are eligible and how payouts will be calculated, are still undefined.

The fraud, masterminded by Zhimin Qian (also known as Yadi Zhang), targeted more than 128,000 investors between 2014 and 2017. She fled to the UK and was later arrested, and she and her associate pleaded guilty to money-laundering charges. Additionally, the authorities recently recovered about £67 million more in crypto assets tied to the case.

⭐Buy Coffee with BTC

Block, Inc.’s payments arm (formerly known as Square) has piloted bitcoin payments at a U.S. coffee chain, Compass Coffee, using the Lightning Network. The merchant will be able to accept bitcoin at checkout via a regular Square terminal, settle payments quickly, and they’re offering zero processing fees for the first year.

Merchants will soon be able to auto-convert up to 50% of daily sales into BTC if they choose, so it’ll go beyond accepting bitcoin, into letting sellers hold bitcoin as part of their revenue strategy.

And finally,

⭐Adoption and Regulation

According to Bitwise Asset Management’s Q3 2025 “Corporate Bitcoin Adoption” report, publicly-traded companies now hold about 1.02 million BTC (roughly US $117 billion) across 172 firms. In that quarter alone, 48 new firms added BTC to their treasuries, despite volatile crypto markets.

On the other side, Bloomberg reports rising regulatory and market-concern flags around “treasury companies” buying crypto, especially unusual trading patterns in the stocks of firms that announce large crypto-treasury moves.

And that’s it!
Long read, but we hope you enjoyed it.

The next edition will be dropping soon, so set a reminder in your calendar.

Till then,

Thank you for being a part of the When Shift Happens family.

Full Disclaimer

All rights to the original content belong to the respective publishers. We do not claim ownership of any third-party material and provide proper attribution, including source links, for transparency and reference. While we strive for accuracy in our summaries, we make no warranties or guarantees regarding the completeness or accuracy of the information provided.

Any mention of cryptocurrency, financial products, public company stocks, or other investment instruments in this newsletter or the referenced articles is not intended as financial advice or a recommendation to invest. The information is not tailored to any individual’s circumstances and should not be relied upon for investment decisions. Readers are encouraged to consult the original articles and seek independent financial, legal, or professional advice before making any investment.

The author(s) of this report may hold, directly or indirectly, positions in the securities or digital assets (including shares or tokens) of the company(ies) or project(s) mentioned herein. Any such holdings are disclosed for transparency and should not be construed as a recommendation to buy, sell, or hold any financial instrument.

[Proactive @proactive_x]

$COIN Coinsilium adds firepower as it reshapes board and strategy https://t.co/W6isZheDtc @CoinsiliumGroup $5CT $CINGF #COIN #5CT #CINGF

[Forza! BTC @ForzaBitcoin]

Board Restructuring & Strategic Update from @CoinsiliumGroup

[Coinsilium @CoinsiliumGroup]

Board Restructuring and Strategic Update https://t.co/nUrPNtXSC8

[MR SHIFT 🦁 @KevinWSHPod]

Gm Folks
We’re back!

This is another edition of the bi-weekly bulletin launched in collaboration with Forza! Bitcoin and the Coinsilium Group.

Thank you for reading (and loving!) the previous editions.
This time as well, we’ll be diving into the latest developments in financial markets, with a strong focus on the macroeconomic trends that drive and reinforce Bitcoin’s growing relevance as a global financial asset.

@ForzaBitcoin is a 100%-owned subsidiary of @CoinsiliumGroup ($COIN.AQ $CINGF) registered in Gibraltar, and established to manage the Company’s Bitcoin Treasury and strategy.

Together, we’ll keep you updated on the latest moves around Bitcoin.
But first, let’s get this part out of the way:

Always DYOR:
This bulletin is for informational purposes only and contains summaries of news articles originally published by third-party media outlets. Please refer to the full disclaimer at the end of the post.

Now, let’s get started.
Here are the highlights:

⚡️ Big Money Moves

👉OranjeBTC Brazil debut
👉Bitcoin at 120K and Counting
👉Strive, BTC, and Health
👉Even Diamond Hands Need a Break
👉BTC FOMO
👉Metaplanet in Top 4
👉Forza’s 12x in 6 months!

🌍 Bitcoin in the Wild

👉IRS: You Can Chill (for Now)
👉People and BTC
👉Starknet says Stake BTC
👉Who Gets the £5B BTC Bag?

⚡️ Big Money Moves

💰OranjeBTC Brazil debut

OranjeBTC, a firm fully focused on holding Bitcoin as its asset, is making its public debut on Brazil’s São Paulo stock exchange, B3. It’s not going the usual IPO route. Instead, it’s using a “reverse IPO” method by merging with a small education company, Intergraus, which is already listed. That lets OranjeBTC skip much of the red tape and start trading faster.

Right now, OranjeBTC holds 3,650 BTC, which is worth over $400 million under current prices. Backers include big names like Ricardo Salinas, the Winklevoss twins, FalconX, and Bitcoin pioneer Adam Back. Their goal is to let both retail and institutional investors get exposure to Bitcoin through a regulated equity, which is especially useful in markets where owning crypto directly might be restricted or complicated.

💰Bitcoin at 120K and Counting

Bitcoin just blasted past $120,000, hitting its strongest level in two months. The jump is being fueled by massive inflows into U.S. spot Bitcoin ETFs, and growing worries over a possible U.S. government shutdown.

The political risk is acting like a tailwind. With the government potentially grinding to a halt, investors are hedging their bets, pouring money into assets seen as stores of value. Bitcoin is being lumped in with that “safe-haven” crowd alongside gold, and spot-ETF creations have surged. While we may be approaching technical resistance zones, for now, many are watching to see whether this becomes the launchpad for even higher highs.

Keep reading for the next scoop.

💰Strive, BTC, and Health

Strive, the Bitcoin treasury firm backed by Vivek Ramaswamy, is acquiring Semler Scientific in a $1.34 billion all-stock deal, meaning Semler shareholders will receive Strive shares instead of cash. The merger will give Strive an immediate foothold in the U.S. healthcare-tech sector while folding Semler’s balance sheet into its expanding Bitcoin-centric model.

Alongside the acquisition, Strive plans to buy 5,816 BTC (roughly $675 million worth), which will push the combined company’s Bitcoin holdings above 10,900 BTC. That’s one of the largest corporate Bitcoin treasuries globally, putting it in the same conversation as MicroStrategy and Marathon Digital.

The move by Strive is part of a growing consolidation trend in the Bitcoin-holding space, where public companies are merging to create larger, more liquid vehicles for investors seeking BTC exposure through regulated equity.

💰Even Diamond Hands Need a Break

After a months-long spree, many companies that treated Bitcoin as a treasury asset are cooling off. September saw the lowest level of corporate BTC purchases since April. Meanwhile, more than 25% of public firms using the “Bitcoin treasury” model now have market caps below the declared value of their Bitcoin holdings. That means, on paper, their stock is worth less than the crypto they hold.

The pullback is real, and a big part of the reason is weak investor sentiment. When equities are under pressure, the number of premium investors willing to pay for a crypto-treasury vehicle drastically reduces, resulting in steep discounts in some of these stocks.

Meanwhile…

💰BTC FOMO

According to Laser Digital’s CEO, institutional investors are increasingly targeting around 5% allocations to Bitcoin in their portfolios. That’s partly driven by FOMO (fear of missing out) and competitive pressure — nobody wants to be left behind if Bitcoin becomes a core reserve asset.

💰Metaplanet in Top 4

Japanese firm @metaplanet has added 5,268 BTC, pushing its total holdings to 30,823 BTC, which ranks it among the top four public corporate Bitcoin holders globally. In that same week, according to the Bitcoin Treasury Holdings Report for the week ending October 1, Strategy (formerly @MicroStrategy) now holds about 640,031 BTC on its balance sheet.

And rounding up this section,

💰Forza’s 12x in 6 months!

Coinsilium Group has doubled down on its Bitcoin-treasury strategy through its Gibraltar subsidiary Forza! Over the summer, the firm raised roughly £17 million to fund this push, and it now holds about 182 BTC on its balance sheet.

According to CFO Ben Proffitt, the valuation of those BTC assets jumped from ~£0.5 million at the end of 2024 to about £6 million by June 30, 2025. Meanwhile, its cash reserves grew from roughly £400,000 to £3.5 million in that same period.
Coinsilium is easily emerging as one of the more nimble, capital-efficient BTC treasury operators in Europe.

📌 FYI: Coinsilium’s shares are traded on the Aquis Stock Exchange Growth Market in London, under the ticker symbol "$COIN.AQ", and on the OTCQB Venture Market in the United States under the ticker symbol "$CINGF".

And now, we move on to the next section.

Those were the big money moves, but let’s not forget…
It's not just the money following Bitcoin.
It’s everybody.

Keep reading for the latest on regulation, adoption, and all things Bitcoin.

⭐IRS: You Can Chill (for Now)

The U.S. Treasury and IRS just issued Notices 2025-46 and 2025-49, which provide interim guidance clarifying that unrealized gains on crypto assets (like Bitcoin) are not to be included in the 15% Corporate Alternative Minimum Tax (CAMT). In short, companies don’t owe CAMT on “paper gains” until they actually sell.

This is a big relief for firms that carry massive crypto treasuries, like Strategy (formerly MicroStrategy) and Coinbase, which had been bracing for potentially huge tax bills on gains they hadn’t realized. The guidance helps preserve more optionality by not forcing asset sales just to cover tax liabilities.

⭐People and BTC

Recent research from Investopedia shows that only a small fraction of retail investors actually hold a full Bitcoin. The average person owns just a fraction of one, while corporations and institutional treasuries keep adding to their stacks. That gap shows where adoption is really happening, Bitcoin is becoming a balance-sheet asset faster than it’s becoming a household one.

At the same time, Latin America remains one of the strongest hubs for real crypto demand. From mid-2022 to mid-2025, the region processed about US$1.5 trillion in crypto transactions, according to Chainalysis, with Bitcoin leading the charge in cross-border transfers and inflation-hedging. In economies where currencies are volatile, BTC becomes mainstream quickly.

⭐Starknet says Stake BTC

@Starknet has launched BTCFi, a first-of-its-kind feature on a Layer-2 chain that allows Bitcoin holders to stake their BTC (via wrapped forms) without giving up custody, helping secure Starknet’s network and earn rewards. That means BTC becomes active capital rather than idle.

To make this work, Starknet supports multiple wrapped BTC versions, like WBTC, tBTC, LBTC, and SolvBTC, and these tokenized forms can now participate in consensus alongside STRK. The community already approved this integration under SNIP-31, with ~93.6% support in August.

The Starknet team is also backing this push with a 100 million STRK incentive pool (roughly ~$12–13M) to encourage BTC holders to bridge their liquidity into its ecosystem. Starknet is positioning itself not just as an Ethereum L2, but increasingly as an execution layer for Bitcoin.

And finally,

⭐Who Gets the £5B BTC Bag?

The U.K. government is locked in a high-stakes legal fight over 61,000 BTC (worth more than £5 billion) seized in 2018 following a major Chinese fraud case. The core question: should the proceeds go to the fraud victims, or can the Crown (i.e., the state) claim them?

The case traces back to Zhimin Qian (aka Yadi Zhang), who ran a large investment scam in China, later converting much of the proceeds into Bitcoin. U.K. police discovered the Bitcoin on devices during a raid on a Hampstead mansion. Qian has lately pleaded guilty to charges of acquiring and possessing criminal property under U.K. law.

Chinese victims are pushing for restitution based on today’s value (~£5 billion), not the original investment (~£640 million). But British officials are arguing that under existing laws, like the Proceeds of Crime Act, the excess gains belong to the state unless a court orders otherwise.

If the court sides with the Crown, it would mark one of the most valuable crypto windfalls ever claimed by a state. The ruling could also set a precedent about how governments treat large seized crypto holdings in the future, whether they must liquidate quickly, distribute to victims, or hold as state assets.

And that’s it!

Long read, but we hope you enjoyed it.

The next edition will be dropping soon, so set a reminder in your calendar.

Till then,

Thank you for being a part of the When Shift Happens family.

Full Disclaimer
All rights to the original content belong to the respective publishers. We do not claim ownership of any third-party material and provide proper attribution, including source links, for transparency and reference. While we strive for accuracy in our summaries, we make no warranties or guarantees regarding the completeness or accuracy of the information provided.

Any mention of cryptocurrency, financial products, public company stocks, or other investment instruments in this newsletter or the referenced articles is not intended as financial advice or a recommendation to invest. The information is not tailored to any individual’s circumstances and should not be relied upon for investment decisions. Readers are encouraged to consult the original articles and seek independent financial, legal, or professional advice before making any investment.

The author(s) of this report may hold, directly or indirectly, positions in the securities or digital assets (including shares or tokens) of the company(ies) or project(s) mentioned herein. Any such holdings are disclosed for transparency and should not be construed as a recommendation to buy, sell, or hold any financial instrument.

[James Van Straten @btcjvs]

Bitcoin hit a new all-time high against the GBP yesterday, £91,934.

It's the last major currency yet to break six figures.

£100,000 = $135,000

A 10% increase from the current price.

[Eddy Travia @eddybitcoin]

Thank you @loukerner for inviting me to speak about @CoinsiliumGroup & #Bitcoin treasury companies at @Crypt0Mondays Singapore - great conversation with you & @namdar!
@ForzaBitcoin #cryptomondays $COIN.AQ $CINGF

[Proactive @proactive_x]

Coinsilium boosts balance sheet with Forza Bitcoin, eyes $YELLOW token launch @CoinsiliumGroup https://t.co/facpiRemeb #Crypto #Bitcoin #DigitalAssets #BitcoinTreasury