Since the advent of Bitcoin in 2008, the crypto asset market has grown from a niche curiosity into a multi-trillion-dollar asset class to which investors actively seek exposure. Unfortunately, our rules and regulations have not kept pace.
To that end, today’s proposal would provide a clear regulatory framework for the custody of crypto assets, giving investment advisers and funds a compliant pathway where none existed before—and replacing the grey of uncertainty created by custody rules crafted for a bygone era.
🚨 TODAY: The SEC issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of “exchange” in the Exchange Act to trade tokenized NMS stock using innovative permissioned automated market makers and liquidity pools.
Today we're announcing the Bitcoin Security Consortium @BTCconsortium: a group of leading financial institutions and Bitcoin companies supporting the long-term security of the Bitcoin network.
Members have pledged $15 million toward this work over the next three years.
When I gave this speech in October 2022, Bitcoin traded near $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and $MSTR was ~$24 split-adjusted. Weeks later, after Bitcoin fell below $16,000, our debt exceeded the combined value of our BTC and cash reserves by ~$300 million, and $MSTR fell into the $13 range by year-end.
We stayed focused, strengthened the company, and executed our strategy. Since then, Strategy has raised over $60 billion of additional capital and invested it in Bitcoin, adding more than 716,000 BTC. Today, our BTC and USD reserves exceed debt by ~$48 billion. Thank you to everyone who believed, endured, and took the long view.
Lots of misinformation being spread about me the last couple days, so some quick facts
- My name is Tina, not Guo Can (or Jessie Anderson). I’m one of many Raptor flight operators on console since flight2. Before that, I wrote control software for the vehicle, and was a stage software operator for flight1
- Been living in Starbase since surborbital days in 2020, absolutely love it down here. The people are wonderful and so so excited about the mission - the lows are lows but the highs are very high. My friends here are the best in the world, and I love them to the moon/mars and back :)
- The reason I decided to say something was because facts matter, but also because wanted to share my real life journey to how I got here. I don’t have a masters or a PhD, I started full time directly after college after 2x internships also at spacex doing software/automation. I was on a couple design teams in college, including Stanford solar car + mars rover. When I started spacex as a software engineer, I knew very little about fluids / propulsion engineering - I learned a lot of it on the job with some pretty incredible mentors. Then I swapped over to propulsion about halfway through my career and have been loving it ever since
Today, Mastercard, @OndoFinance, Kinexys by @JPMorgan, and @Ripple successfully completed a landmark transaction connecting a public blockchain with interbank settlement rails.
Together, we’re laying the groundwork for 24/7 global markets that never close.
"Based on the tremendous interest shown, I will be directing the Secretary of War, and other relevant Departments and Agencies, to begin the process of identifying and releasing Government files related to alien and extraterrestrial life, unidentified aerial phenomena (UAP), and unidentified flying objects (UFOs)..." - President Donald J. Trump
After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.
SO ORDERED
I'm pleased Paul Atkins is confirmed as Chairman of the SEC. I sat down w/ Mr. Atkins to discuss digital asset legislation, empowering Wyoming’s blockchain future & implementing reforms to the regulatory rulemaking process. I'm confident his leadership will bring positive change.
President Trump will host the first White House Crypto Summit on Friday March 7. Attendees will include prominent founders, CEOs, and investors from the crypto industry. Look forward to seeing everyone there!
I’ve said it once, and I’ll say it again: this is the year for digital assets. I joined @SenatorHagerty to introduce the GENIUS Act, fulfilling @POTUS's promise to make America the capital of crypto.