Another mindbendingly HUGE day in Bitcoin. We are witnessing history before our very eyes. A surprise RNS this morning with SWC adding a further 11 Bitcoin to the treasury and bringing the Q2 Bitcoin yield to 11.38%, continuing to lead the Bitcoin yield ranks globally for Q2. Over 10m SWC shares traded today. Liquidity is a key ingredient to the Bitcoin Treasury model and this continues to grow nicely. Today’s update obviously can’t be complete without mention of STRC. Over today and yesterday alone STRC is estimated to have raised enough capital to buy 24,670 Bitcoin (h/t @AdamBLiv - great to see the Bitcoin Wizard back posting in the community today!) The numbers are getting crazy now. Whilst this is equivalent to 54.8 days of Bitcoin issuance today I often like to think from a future perspective. These two days of STRC capital has just bought more Bitcoin than will be mined during the whole 4 year epoch between between 2044-2048. 20,507 Bitcoin will be mined between roughly 2044-2048. Bitcoin Treasury Companies are the most asymmetric opportunity I have ever seen. Michael Saylor often says the biggest opportunities are “something everybody needs, nobody can stop, and few understand”. Today, relatively few truly understand Bitcoin… Even fewer understand the true potential of the Bitcoin Treasury Company model… Even fewer understand the true potential of Digital Credit and the reflexive impact on funneling capital into Bitcoin. Even fewer understand the potential in the Bitcoin Treasury Company model being successfully executed in non-US capital markets. The opportunity ahead for the leading Bitcoin Treasury Company in the UK; the second largest capital market in the world is immense. The price we pay for asymmetry is patience. The more individuals that wake up to the immense scale of the opportunity the better, but the more obvious the opportunity becomes the less asymmetry there will be. Savour these days. One day this will all seem incredibly obvious in hindsight. How many epochs worth of Bitcoin will Saylor be allowed to hoover up before we see an inevitable Bitcoin repricing? Best of luck over the next couple of days in London @asjwebley and @the_desert_ape! Onwards! 🚀