An Excerpt From The Satoshi Papers: Self-Sovereignty And Political Philosophy

This story does not end well. Without principled political renewal stemming from the fundamental root of a self-sovereign political philosophy, we should expect an intensification of surveillance and control and a normalization of war. We must actively choose liberty and peace if we are to thrive. There is no policy of total war, containment, or world policing that does not end in catastrophe. 

For political sovereignty to have purchase, it must come from the ground up and be appropriately exercised in light of what can be expected of such a thing at various scales. This is a significant undertaking and not one that will be settled in any collection of essays, reinvigorated political…

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WikiLeaks, Google and Bitcoin: What happened in 2011

This is a segment from the Supply Shock newsletter. To read full editions, subscribe.

Reading back the official transcript of a secret five-hour meeting between Julian Assange and then-Google CEO Eric Schmidt — released 12 years ago this week — gives an equally eerie feeling.

Along with veteran global affairs fixer Jared Cohen, who was head of internal think tank Google Ideas (now Jigsaw), Schmidt was co-writing a book, The New Digital Age, about the intersection of US global power and social media. It was set in the backdrop of the so-called “Twitter revolutions” of the Arab Spring in the early 2010s. 

The meeting was set under pretence of research for that book,…

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Bitcoin Surges Past $87K As Strategy Expands Holdings And Dollar Weakness Fuels Hedge Appeal – Strategy (NASDAQ:MSTR)

Bitcoin BTC/USD jumped 3.52% on Monday to $87,348.17, extending its rebound above key resistance as institutional buying and macroeconomic tailwinds boosted sentiment across crypto markets. 

The coin is now up 3.9% over the last seven days and has gained 3.91% over the past month.

MicroStrategy’s $556M Purchase Cements Dominance

Bitcoin’s latest leg higher coincides with a fresh round of accumulation by Strategy Inc. MSTR, which disclosed it added 6,556 BTC between April 14 and April 20 for a total of $555.8 million—paying an average of $84,785 per coin.

The purchase lifts MicroStrategy’s total holdings to 538,200 BTC, valued at roughly $46.8 billion at current prices,…

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Bitcoin Price Surges To $88,000 As Institutional Demand And Gold Rally Fuel Momentum

Bitcoin’s price continued its upward trajectory today, rising $3,735 (4.42%), at the time of writing, to reach $88,300, seemingly driven by strong institutional buying and renewed momentum in alternative assets. The surge comes as gold breaks above $3,400 per ounce for the first time, currently trading at $3,431.10, underscoring a broader trend of investors seeking safe-haven assets.

Since April 2, Bitcoin’s performance has also outpaced the Nasdaq, showcasing growing divergence between traditional equities and digital assets.

One of the day’s key developments came from Strategy ($MSTR), formerly known as MicroStrategy, in which Chairman Michael Saylor announced the purchase of…

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Strategy Buys $555 Million Worth Of Additional Bitcoin

Strategy has acquired an additional 6,556 bitcoin for $555.8 million, according to a Form 8-K filed with the SEC on Monday. The purchase, made between April 14 and April 20, brings the company’s total bitcoin holdings to 538,200 BTC, acquired at an average price of $67,766 per coin.

The latest acquisition was funded through the company’s two at-the-market (ATM) stock offering programs. Strategy sold 1.76 million shares of its Class A common stock, generating $547.7 million, and over 91,000 shares of its 8.00% Series A perpetual strike preferred stock (STRK), raising an additional $7.8 million.

Strategy has spent $36.47 billion on bitcoin to date, maintaining its position as the…

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Exclusive: Kado Software acquired by Swapped.com

This is a segment from the Empire newsletter. To read full editions, subscribe.

M&A szn is still going strong. 

Kado Software, the Web3 payments infrastructure company, was acquired by Swapped.com. 

The team declined to disclose the terms of the deal, but it plans to grow the US operations for Swapped.com, which is a Denmark-based firm. 

Emery Andrew, Kado’s founder, told me that the team’s been weighing its options for a while — from debating a fundraise to looking for the right fit to acquire it. 

It was an obvious choice, he added. Especially because Andrew will stay on to help helm the US operations and product expansion. He teased that they already have…

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HIVE Digital Energizes Paraguay Site With Major Bitcoin Mining Expansion – HIVE Digital Technologies (NASDAQ:HIVE)

On Monday, HIVE Digital Technologies Ltd HIVE disclosed that it completed Phase 1 of infrastructure development at its flagship Yguazù facility in Paraguay.

This phase includes a 100-megawatt air-cooled data center supported by a fully operational 200-megawatt substation.

Additionally, the company has appointed Carlos Anibal Torres as its new Operations & Project Manager for Paraguay, a strategic leadership addition as HIVE ramps up growth efforts in the region.

HIVE has finalized the construction and energization of the 100 MW Phase 1 infrastructure at its Yguazù facility, enabling support for up to 5 exahashes per second (EH/s) of next-gen ASIC mining capacity.

Currently,…

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JUST IN: Saylor’s Strategy Expands Holdings with Additional 6,556 Bitcoins Acquired

Michael Saylor’s Strategy has successfully added 6,556 bitcoins to its holdings, marking a massive investment of approximately $555.8 million. This latest acquisition, priced at around $84,785 per bitcoin, has significantly bolstered its portfolio. As of April 20, 2025, the company’s bitcoin holdings total a staggering 538,200 BTC, valued at roughly $36.47 billion. This strategic accumulation reflects an average purchase price of about $67,766 per bitcoin, demonstrating the company’s robust confidence in the cryptocurrency’s value.

Despite the volatile nature of digital currencies, Saylor’s Strategy has reported an impressive 12.1% BTC yield year-to-date for 2025. This achievement underscores the company’s adept handling of its cryptocurrency investments and its continued bullish stance on the potential of bitcoin. This performance is particularly notable, positioning Saylor’s Strategy as a leading player in the cryptocurrency investment space and highlighting the growing acceptance of digital assets in mainstream financial strategies.