Buying a 🍔 burger with ⚡️ Bitcoin at 🥤 Steak n’ Shake 🙌 From Elizabeth Grace

Jordi Visser’s latest viral piece nails Bitcoin’s 2025 price action: ownership is distributing, just like an IPO. Sign up below to get our newsletter out fresh tomorrow morning. Then join Rob Wallace and Pete from OpenNode live on stream at 11am ET as they break it down.

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JUST IN: CardoneCapital makes a new $22M Bitcoin purchase, following its $52M purchase in October. Grant's Boca Bitcoin Hybrid fund has become the largest Real Estate bitcoin hybrid ever.

NEW: 🇺🇸 California's DFPI fines Bitcoin ATM operator Coinhub $675K for overcharging customers, including $105K in restitution to affected consumers.

NEW: Washington, D.C. Attorney General Brian Schwalb alleges Bitcoin ATMs are being exploited by scammers, citing a case where Diane Reynolds, a Maryland retiree, lost $13,100 after being directed to convert her bank funds to Bitcoin at an Athena Bitcoin ATM. 😱

Canaan’s new deal with Japan goes beyond mining, with its hydro-cooled rigs acting as smart power balancers, flexing energy use to steady the nation’s grid. https://bitcoinnews.com/mining/canaan-japan-stabilize-power-grid/

BESSENT: “17 years after the white paper, the Bitcoin network is still operational and more resilient than ever. Bitcoin never shuts down. Senate Democrats could learn something from that.”

NEW: SpaceX transfers 281 BTC (~$31M) from Coinbase Prime to an unidentified wallet.

Gut reaction, does this chart feel bullish or bearish?

Bitcoin’s dip to $107K has sparked a wave of sub-$100K price predictions. The last time bearish forecasts surged like this on October 17, Bitcoin rebounded +12% within 10 days.