TD₿: News Block: Corporate Bitcoin Race Heats Up, MicroStrategy's Latest $3B Raise, Record BTC ETF Flows (a News Block original) with Natalie Burnell
TL;DR: All you need to know about what's happening in Bitcoinland, in under 10 minutes with Coin Stories host Natalie Burnell.
Hey Bitcoiners,
Today, we are featuring Natalie Burnell’s first video New’s Block segment. Bitcoin is nearing $100,000 as demand surges, fueled by aggressive corporate adoption. MicroStrategy added 51,704 BTC this week, funded by a $2.6 billion convertible debt offering with 0% yield, bringing its holdings to 331,000 BTC worth $31 billion.
Smaller companies, including Cidian Technology and Semar Scientific, are also entering the Bitcoin treasury race. Meanwhile, Michael Saylor is set to pitch a Bitcoin strategy to Microsoft’s board, highlighting increasing pressure on mega-corporations to adopt Bitcoin.
Bitcoin ETFs are gaining momentum with the launch of options trading, which saw $1.9 billion in notional value on BlackRock’s first day. As adoption accelerates across corporations and institutions, Bitcoin continues toward mainstream acceptance.
Natalie is experimenting with expanding her popular News Block segment into video!
We encourage you to reach out on X and her know what you think and if you'd like to see this weekly breakdown on YouTube. Everyone at Swan hopes you had a great Thanksgiving holiday with your loved ones. Enjoy!
Tick tock next block,
The Swan Education Team
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Welcome to Bitcoin: 101 Series
Swan understands that learning about Bitcoin can be daunting, and articulating its concepts to your loved ones can often appear like an insurmountable task. So, we created this free 1-hour Welcome to Bitcoin: 101 Series. It’s the best way to orange-pill your friends and family.
With host Natalie Burnell, you’ll learn the many ways Bitcoin can benefit you, such as:
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Quote of the Day
“First step to understanding Bitcoin: admitting you don't understand Bitcoin.”
- Jameson Lopp
Job of the Day
Assets Protocol Engineer
Remote
Full Time
Engineering
We're looking for an experienced Systems Software Engineer versed in applied cryptography, peer-to-peer networks, distributed systems, open-source software, and cryptocurrency protocols such as Bitcoin. This role centers around the Taproot Assets Protocol's design, implementation, and evolution [2][3].
Ideal candidates should have a strong fundamental understanding of the core Bitcoin protocol, proposed updates to augment smart contracting functionality and widespread application standards such as PSBTs. In addition, an ideal candidate should have a strong passion for Bitcoin and a desire to make using Bitcoin cheap, fast, and simple for everyone.
Roles
- Design and implement core Taproot Assets Protocol features and algorithms
- Contribute to mission-critical peer-to-peer cryptocurrency daemons written in Go
- Collaborate with the greater team on the research and design of future iterations of the Taproot Assets Protocol
- Participate in issue triage and code review of open-source contributions to our various repos
- Communicate with the wider community and industry about our software and technology
Skills
- Strong engineering background with solid programming skills
- Experience in Go desired, C or C++ relevant as well
- Thorough understanding of the principles of distributed systems and peer-to-peer networking
- Solid engineering practices and processes, such as testing methodology and documentation
- Experience with Bitcoin, cryptography, and/or financial software
- Prior contributions to crypto protocols and open-source software collaboration preferred
- Quick learner, geared towards implementation
- Eager to develop new skills and willing to take ownership of projects
Check out our Github repos at https://github.com/lightninglabs/taproot-assets
[1] https://github.com/lightninglabs/taproot-assets
[2] https://github.com/Roasbeef/bips/blob/bip-tap/bip-tap-pr.mediawiki
[3] https://lightning.engineering/posts/2023-10-18-taproot-assets-v0.3/
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
In the Headlines
MicroStrategy Makes Record $5.4 Billion Bitcoin Purchase, Boosting Holdings to $37.6 Billion
MicroStrategy announced a record $5.4 billion Bitcoin purchase, adding 55,500 BTC at an average price of $97,862. This brings its total holdings to 386,700 BTC worth $37.6 billion, funded through convertible note offerings and share sales. This marks the company’s largest single acquisition.
In October alone, MicroStrategy acquired 134,480 BTC worth $13 billion, matching what it took the firm three years to accumulate since 2021. This highlights its accelerated Bitcoin strategy.
Swan Shortie of the Day
Event of the Day
Bitcoin MENA 2024
Dates: December 9-10th
Location: Abu Dhabi
Bitcoin MENA is a major event focused on Bitcoin, specifically targeting the Middle East and North Africa (MENA) region.
The conference, set to take place in Abu Dhabi from December 9-10, 2024, will bring together global leaders, institutional investors, and enthusiasts from the Bitcoin community to explore opportunities, innovations, and challenges related to Bitcoin's growing influence.
Bitcoin MENA will feature keynote sessions, panel discussions, workshops, and networking opportunities, covering key topics like mining, finance, and emerging trends.
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
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