Middnight

[Middnight @Middnight_hodl]

@DocumentingBTC Kan nu niet praten.

[Middnight @Middnight_hodl]

Next step: Grow the stategic reserve by bitcoin mining with wasted or dynamic energy production

[David Sacks @davidsacks47]

Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.

The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime.

It is estimated that the U.S. government owns about 200,000 bitcoin; however, there has never been a complete audit. The E.O. directs a full accounting of the federal government’s digital asset holdings.

The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.”

Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value. Now the federal government will have a strategy to maximize the value of its holdings.

The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers.

IN ADDITION, the Executive Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than bitcoin forfeited in criminal or civil proceedings.

The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.

The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department.

PROMISES MADE, PROMISES KEPT

President Trump promised to create a Strategic Bitcoin Reserve and Digital Asset Stockpile. Those promises have been kept.

This Executive Order underscores President Trump’s commitment to making the U.S. the “crypto capital of the world.”

I want to thank the President for his leadership and vision in supporting this cutting-edge technology and for his rapid execution in supporting the digital asset industry. His administration is truly moving at “tech speed.”

I also want to thank the President’s Working Group on Digital Asset Markets — especially Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick — for their help and support in getting this done. Finally Bo Hines played a critical role as Executive Director of our Working Group.

[Middnight @Middnight_hodl]

Meanwhile in Europe ... /sigh

[Tyler Winklevoss @tyler]

A year ago, this would have been thought impossible. The US now has a Strategic Bitcoin Reserve, starting with 200,000 BTC (pending audit). Thank you for your leadership @realDonaldTrump and @davidsacks47 and for keeping promises. This is America First. Let the game theory begin.

[Nayib Bukele @nayibbukele]

This guy said we used Bitcoin for money laundering and corruption 😂

[Elon Musk @elonmusk]

I was honored to be in the Oval Office tonight when @POTUS signed this

[Sam Altman @sama]

funny, they never sent me one of these for contributing to democrats...

[Elon Musk @elonmusk]

This guy was sentenced to 7 years in prison for social media posts.

The other guy was sentenced to a mere 6 months for raping a 9-year-old child!

British “justice” system is deeply broken.

[Elon Musk @elonmusk]

Incompetence costs lives

[Elon Musk @elonmusk]

It is now illegal to show your ID even in local elections in California. The reason they’re doing this is to make voting fraud unprovable.

🤡🌎

[Elon Musk @elonmusk]

There is no excuse. Please post the list of people who opposed this law and want to keep illegals who are convicted sex offenders in America.

They all need to be voted out of office. Every one of them.

[Elon Musk @elonmusk]

AP stands for Associated Propaganda

[Elon Musk @elonmusk]

Unless @DOGE ends the careers of deceitful, pork-barrel politicians, the waste and corruption will never stop.

Therefore, there is no choice but to do so.

I wish there was another way, but there is not.

[Rep Andy Biggs @RepAndyBiggsAZ]

Pay attention to the members of Congress who have been all in for @DOGE for media attention but will vote for the short-term omnibus.

They are the Swamp.

[Middnight @Middnight_hodl]

In the last month they purchased almost as many bitcoin as they did in the previous 50 months combined. Are these going to go OTC or claimed for the USA SBR? If serious about SBR, this would be way to move quickly.

[Michael Saylor @saylor]

MicroStrategy has acquired 15,350 BTC for ~$1.5 billion at ~$100,386 per #bitcoin and has achieved BTC Yield of 46.4% QTD and 72.4% YTD. As of 12/15/2024, we hodl 439,000 $BTC acquired for ~$27.1 billion at ~$61,725 per bitcoin. $MSTR https://t.co/SaWLNBVkrl

[Dan @robustus]

Hey Michael, I don't think this is what BlackRock meant by 2% target allocation.

[Bit Paine ⚡️ @BitPaine]

Sometimes I pause and reflect on the fact that my entire financial portfolio is currently composed of 1) an imaginary Internet ponzi coin and 2) the stock of a company famous for having the largest peak-to-trough drawdown in the history of financial market bubbles, and whose CEO is currently leveraged to the tits on the same Internet Ponzi coin (which he refers to as “the goddess of truth”), and that I consider this a sound financial strategy with a virtually 100% chance of retiring my bloodline.

[David Sacks @DavidSacks]

There are too many stories of people being hurt by Operation Choke Point 2.0. It needs to be looked at.

[The Lincoln Project @ProjectLincoln]

When MAGA cultists complain about a "weaponized justice system," remind them that President Biden has refused to show favoritism towards his son because he has a commitment to the rule of law and our judicial system, regardless of who is involved.
https://t.co/uDXcsOjYXf

[Defiant L’s @DefiantLs]

😬😬

[Sen. Bernie Sanders @SenSanders]

Elon Musk is right.

The Pentagon, with a budget of $886 billion, just failed its 7th audit in a row. It’s lost track of billions.

Last year, only 13 senators voted against the Military Industrial Complex and a defense budget full of waste and fraud.

That must change.