Huge news for MicroStrategy. With new FASB rules, Tesla marked up its BTC holdings, booking a $600M gain—26% of its quarterly earnings—sending shares up 4.2% after hours and adding nearly $50B in market cap.
Now imagine $MSTR, with 45x more BTC, doing the same.
NEW: Texas Lieutenant Governor Dan Patrick has unveiled Senate Bill 21, proposing the establishment of a “Texas Bitcoin Reserve” as part of his top legislative priorities for 2025. 
Anthony Scaramucci argues that Trump holding off on a Strategic Bitcoin Reserve was a smart move.
By starting with a Working Group, the president can build bipartisan support—ensuring the SBR stands the test of time.
JUST IN: Utah becomes the second state in the U.S. to advance a ‘Strategic Bitcoin Reserve’ bill out of committee.
The bill now moves to the Senate for a vote.