Realizing the Fed hasn’t even cut rates yet

JAN3 FINANCIAL: 🟠 On July 9th, ETF demand for #Bitcoin was 22x greater than the daily mined supply.

Supply: 450 BTC
Demand: 9,963 BTC

The imbalance keeps widening. 🚀

FYI: 🇺🇸 California gutted its Bitcoin payments bill.

AB1180 was set to allow BTC for state payments, now it only includes stablecoins.

The struggle is real

🟠 Bitcoin returns since 2010 👀

0.119M

🇬🇧 The Smarter Web Company adds 275 more Bitcoin to its treasury for £21.88M, bringing total holdings to 1,275 BTC as part of its 10 Year Plan ⚡️

📰 https://btctimes.com/the-smarter-web-company-expands-bitcoin-holdings-with-21-88m-purchase/

📣 https://x.com/BTCTimescom/status/1944441779475869818

JAN3 FINANCIAL: 🟠 On July 12th, Bitcoin Fear & Greed Index: 79 👀

We reached the Extreme Fear, not fear of crashing but fear of not stacking 🚀

0.120M

NEW: 🇯🇵 Metaplanet Acquires Additional 797 $BTC, Total Holdings Reach 16,352 BTC 🔥

0.121M

JUST IN: 🟠 Strategy has acquired 4,225 BTC for $472.5M at an avg price of $111,827.

💸 $330.9M via $MSTR ATM
🏦 $141.4M via $STRK, $STRF, $STRD
💰 Total Holdings: 601,550 BTC

⚡️ Adam Back’s “Months to Cover mNAV” shows how fast a Bitcoin firm must stack sats to justify its valuation.

“Accretion rate > yield.”

📰 https://btctimes.com/adam-backs-months-to-cover-mnav-metric-offers-new-lens-for-bitcoin-treasury-valuation/

📣 https://x.com/BTCTimescom/status/1944759208110387272

JOE CONSORTI: 🟠 $1.3 BILLION IN SHORTS were liquidated in less than 60 seconds.

Bitcoin skipped straight past $120k and went directly to $121k.

At $2.39 trillion, Bitcoin is now officially larger than Amazon, and is the world's 5th largest asset.

Remember this day.

Vanguard says Bitcoin is “immature” and has “no inherent value.”

Then quietly becomes the top shareholder of a company holding over $9B in BTC.

JASON LOWERY: 🟠 Not having to waste human life to defend monetized wealth is worth every watt.