China setzt sich neue Klimaziele
Chinas Präsident Xi Jinping will den CO₂-Ausstoß bis 2035 stärker als bislang vorgesehen senken. Es gibt Zweifel daran, ob das gelingt.
https://www.heise.de/news/China-setzt-s…
Massacre Š Bint Jbeil : 5 tués au moins, dont 3 enfants, dans une frappe de drone israélien
Cette attaque sanglante, l’une des plus meurtrières depuis le cessez-le-feu de novembre 2024, a coïncidé avec la visite au Liban de l'émissaire adjointe américaine au Moyen-Orient Morgan Ortagus.
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Prettige samenvatting van @…
https://ibestuur.nl/digitale-toekomst-eu/eu-wetgeving/dit-staat-er-in-de-d…
A century of glaciers melting, condensed into a few seconds. Impressive video: https://www.instagram.com/reel/DQWfDRejcPw/?igsh=Zm51d2Qzb2xtNHM4
UNAGI: A Conceptual Electrodynamic Tethered Spacecraft Demonstration Mission for Propellantless Landing on Io
Spencer Devins, Svitlana Kuklenko, Abhik Das, Cora Abrams-McCabe, Holly Herman, Madison Schooley, Matvey Zubkov, Sebastian Colussi, Dmitry Kuklenko, Abeljohn Burke-Raymond, Rae Chauvaux, Jonah Martinez, Mika Villanueva, Jorell Sakamoto, Alejandro Municio, Eduardo Duran, Elbert Chang, Advik Jain, Satvik Magganmane, Marcus Gonsalves, Antonio Corona, Anishka Chauhan, Zephra Blake
A panel on bitcoin treasury companies.
Because investment law makes it hard for institutions to buy bitcoin in their funds. You can't own BTC in you tax free ISA. So some companies that do hold bitcoin, notably microstrategy, became proxy investments. If you can't hold BTC you could maybe own a company that owns BTC instead.
Microstrategy started because it's ceo realized it's dollar treasury was being debased by dollar printing. So tried buying BTC instead, with fantastic success.
Copycat companies proliferated. They boomed and then busted. One panelist calls that a grift. A way to memeticly pump share price.
A line can be drawn between profitable companies just storing their profit in bitcoin Vs those raising debt to buy without having a profitable business.
Imagine a world transiting from using seashells for money to using gold coins. A company gathers seashells from investors to buy gold coins, which will do better than sea shells. Trouble is the next step where the company pays back it's investors with... More seashells.
If you own shares in the company, you do not own bitcoin. You'll just get more old fashioned bank money.
Still. It's worked as marketing, more people being convinced BTC has value.
If you do buy a treasury company, check it's bitcoin not "digital assets" including shitcoins.
#bitfest #bitcoin #bitcoinTreasuryCompanies
Sources: Chinese DRAM chipmaker CXMT plans a Shanghai IPO as soon as Q1 2026, targeting an up to ~$42B valuation and aiming to raise between ~$2.8B and ~$5.6B (Reuters)
https://www.reuters.com/world/asia-pacific