Hello!
Some days ago, Jack Mallers, the Strike CEO with other partners like Paolo from Thether announced the creation of a new Bitcoin company. The company's name is XXI (21) and it's goal will be to stack as much Bitcoin as possible. Well, raise capital and stack stack stack sats.
Love the idea! We will have another BIG company buying Bitcoin relentlessly.
In fact, the company will l launch with 42,000 Bitcoin in their balance sheet! Crazy right?
One of Jack Mallers favorite quotes is: "No man should work for what another man can print."
And, he is right. Nobody should work for fiat money while some powerful man print it out of thin air. The system is so unfair that they are doing as much as they can to change it.
Promoting Bitcoin and contributing to their growth is the best they can do. Slowly, then suddenly.
Here a photo of Jack, a Bitcoin OG.
From his own announcement:
Announcing Twenty One: http://xxi.money
Twenty One is a #Bitcoin-native company and the ultimate vehicle for capital markets to access #Bitcoin
We intend to leverage capital markets to maximize #Bitcoin ownership per share (BPS) & pioneer #Bitcoin-native financial tools
Coinbase joining the S&P 500
I love this tweet:
Yes, Yes, you read it right. COINBASE is joining the S&P500!! Huge news! From the announcement too:
As Brian Amstrong, their CEO says. Coinbase is the first crypto company to join the S&P500! Huge milestone, but soon Strategy will be joining this club. It's just a matter of time that more and more crypto or Bitcoin companies will joing the path to being included in the S&P 500.
The good news is that when you are in this club, there is a monthly flow of money that goes into the SP500 that will benefit the price of the stock. More and more capital available to raise money and buy Bitcoin. Rinse and repeat. Check mate.
Have a great week!
Posted Using INLEO