Michael Saylor: Bitcoin is now a systemic asset for the U.S. and banks
At Binance Blockchain Week in Dubai, Michael Saylor outlined Strategy’s balance sheet, the U.S. policy shift toward BTC, and how banks are embracing crypto
🟠 Strategy’s balance sheet • The company holds about $60b in BTC • Debt is around $8b, which Saylor calls a low leverage level • Strategy pays roughly $800m in dividends per year • A $1.44b reserve fund was created to keep paying dividends without selling shares, BTC or derivatives 🟠 U.S. political pivot toward Bitcoin • The U.S. government has taken a more favorable stance on BTC • Donald Trump brands himself the “Bitcoin President” • Officials supportive of digital assets have been appointed to the administration • The Treasury, OCC, FDIC, the Fed and other regulators have allowed custody, lending and banking services with crypto, backing away from previous restrictions 🟠 Banks are changing their stance • Bitcoin is becoming a form of digital capital demanded by clients and markets • Over the last 12 months, major U.S. banks have turned positive on BTC: BNY Mellon, PNC, Citi, JPMorgan, Wells Fargo, Vanguard and others • 8 out of the 10 largest banks already participate in crypto-related lending 🟠 Bitcoin’s status as a global asset • Since spot ETFs were approved in 2024, around 85 BTC products have launched worldwide • BlackRock’s iBIT has become one of the most successful ETFs in history • The number of public companies holding BTC has jumped from a few dozen to 200+ in a year #BTC86kJPShock #BitcoinSPACDeal #ETHBreaksATH
Congress report: Trump family turned the White House into a “crypto startup”
A new U.S. Congress report alleges that Donald Trump and his family used the presidency to build a multibillion-dollar crypto empire
🟠 The family’s crypto holdings are valued at up to $11.6b, with more than $800m in income over the last six months 🟠 World Liberty Financial (#WLFI) is described as the key vehicle, allegedly channeling major investments, including from foreign entities seeking influence over the administration 🟠 According to the report, WLFI became a primary conduit for raising capital in exchange for political access and loyalty 🟠 The document cites alleged interference in investigations into crypto firms such as Coinbase, Gemini, Robinhood, Ripple (#XRP), Crypto․com (#CRO), Uniswap (#UNI), Yuga Labs and Kraken (#INK) 🟠 The #TRUMP memecoin and WLFI were promoted via the president’s public statements, which helped push their prices higher and boosted the family’s profits 🟠 The report’s authors claim WLFI and related assets expose major gaps in oversight and anti-corruption safeguards around digital assets and politics
Tom Lee reduces his target for BTC but still forecasts more than US$ 100 million this year
Tom Lee has lowered his target for Bitcoin from US$ 250 million to more than US$ 100 million by the end of the year, but still considers the market optimistic and expects a new all-time high.
🟠 Lee now predicts that BTC will reach US$ 100 million and claims that a new all-time high by the end of the year is still possible. 🟠 He describes October 10th as a true "Armageddon" for cryptocurrencies: a pricing failure triggered the largest wave of automatic liquidation in Bitcoin's history, wiping out nearly 2 million accounts and removing about a third of market makers. 🟠 After this drop, cryptocurrencies lost their role as an important risk indicator — they are now lagging behind, while AI has become the leading sector in the market. 🟠 Despite the shock, Lee states that the market remains optimistic: historically, the biggest movements in Bitcoin happen in just 10 days a year, and some of these "best days" are still to come. Forward #BinanceHODLerAT #BinanceHODLerAT
Crypto exchange Hyperliquid has become the most profitable company in the world by revenue per employee, generating $102.4m per worker. The firm operates with just 12 employees.
Hong Kong is finalizing one of the world’s strictest stablecoin regimes and missing deadlines may mean jail.
🟠Aug 31, 2025 — new applicants must notify HKMA about plans to issue stablecoins 🟠Sept 30 — submit full application to join the “first wave” 🟠Oct 31 — deadline for existing issuers to apply, or face shutdown 🟠Nov 1 — “closing-down period” starts for non-compliant issuers 🟠Jan 31, 2026 — end of provisional status 🟠Feb 1 — illegal to issue or promote stablecoins without a license
🟠Penalties: up to 7 years in prison or $640k fine 🟠Fraud or fake license claims: up to 10 years in prison or $1m+ fine
Russian investigators and inquirers have been granted the authority to temporarily suspend financial transactions, including electronic payments and telecom service advances, for up to 10 days.
The suspension requires substantial grounds and must be followed by a court ruling; if no arrest is approved within the period, transactions automatically resume. $BTC #ProjectCrypto
AllUnity, backed by DWS Group, Flow Traders, and Galaxy Digital, has launched a euro-denominated stablecoin called EURAU on Ethereum.
Fully collateralized and BaFin-licensed, the token targets corporate adoption and aims to rival dominant dollar-based stablecoins with a regulated, independent alternative.
Wall Street is reshaping Bitcoin trading by bringing it under U.S. financial infrastructure.
The surge in IBIT-linked options, now totaling $34bn in open interest, signals Bitcoin’s transformation from a retail-led asset into a fully institutionalized risk instrument. #WallStreetNews #bitcoin $BTC
Bitmain, the world’s largest Bitcoin mining hardware manufacturer, plans to open its first U.S. factory in either Texas or Florida by the end of the third quarter of 2025.
The facility is expected to begin production in early 2026 and reach full capacity by year-end, initially employing around 250 local workers trained in assembly and maintenance. #BTC
PayPal has launched the “Pay with Crypto” feature, enabling online merchants to accept payments in over 100 cryptocurrencies — directly at checkout.
🟠The feature will roll out to all U.S. merchants in the coming weeks 🟠Crypto payments are automatically converted to either PayPal’s stablecoin (PYUSD) or U.S. dollars, and merchants receive funds instantly
Russia will begin the gradual implementation of the digital ruble and a universal QR code in its national payment system, following a law signed by President Vladimir Putin.
Starting in September 2026, large merchants must accept payments in digital rubles, with full adoption expected by 2028. #CryptoScamSurge #BNBBreaksATH