I dug through the 13F filings and, by my count, there were 1,573 institutions with long exposure to Bitcoin in Q4 2024. These include banks, hedge funds, RIAs, family offices, endowments, pensions, sovereign wealth funds, & other asset managers. Below are some major findings 🧵

" Bitcoin up +900% over the past 2 years* Bitcoiners : https://t.co/vkxSJsZNfd

The University of Wyoming launched a Bitcoin Research Institute. Not crypto broadly, but rather bitcoin specifically. Academics interested in bitcoin might want to check it out: https://t.co/KlfWbvC9cP

Larry Fink believes in #Bitcoin. https://t.co/hL2UZud2H3

Fil Ipoganna (KEN) Filip O'ganna (IRL) Filippo Ganna (ITA)

Completely insane This would never happen in a world where policymakers understood that we have a modular profitable technology for transforming waste energy into capital Paging @GridlessCompute

Entrenched elites often think they're too smart and that your observations from the outside are too simple and insignificant. They're too comfortable to want to change. That's how they become blindsided by the trends that eventually make them irrelevant.

Every industry has powerful people that talk confidently about a topic or thing they know nothing about. Few are willing to say they don't know enough to comment. You'd do well to learn about Bitcoin yourself so that you can confidently siphon through the misleading commentary.

Bitcoin skeptics may benefit from understanding Amara’s law in order to avoid sounding like early internet user Cliff Stoll, who dismissed the internet as “baloney” after 2 decades online, in 1995.

As a VC whose job is to understand what’s coming in technology, I don’t believe anything is more important for my friends and family to understand than what I am about to say. The hallmark of the first era of internet companies (2003-2023) was growth. This era, it will be

Superb @reason mini-doc that uses a Brooklyn bathhouse powered by Bitcoin mining to tell a much bigger story about the future of energy Watch this if you don’t quite grasp how Bitcoin is going to revolutionize heating and power worldwide ♻️ 🌊 ☀️ 🌋 ☢️ https://t.co/gUKmu1p1u2

Happy 15th anniversary to Satoshi Nakamoto’s historic #Bitcoin Whitepaper! "The #Bitcoin whitepaper is one of the most seminal works of Computer Science in the last 30 years." - @jack Dorsey

The ::checks notes:: former president of PayPal is aggressively building on Bitcoin's Lightning network. Between PayPal and Lightning, he tried to build pseudo-decentralized stablecoin tech at Facebook but that didn't work. He then concluded Bitcoin is the only realistic way.

This is a big deal for ease of use, self custody and global access...if you care. If you don't, that's fine too. ⚡ 🤙

Bike to hike 🇨🇦

Facts. Apple building on and with bitcoin would benefit their company immensely. Apple has been so great at taking early technologies and protocols and making them easy for everyone. I hope they are considering this one deeply. I imagine they are.

Pretty impressive light show last night! ⚡⚡

The claim that FedNow is not the first step toward a CBDC would be more easily digestible were we not aware of the Biden administration’s steady barrage of hostile broadsides against cryptocurrencies. Between 2008-22, the Fed partnered with a handful of big banks to print $10

Most people who who dislike bitcoin haven't held it. They see it as a price chart in their brokerage, like QQQ. They haven't brought the asset into self custody, and then brought it with them as they went around the world. No wonder they view it as a random correlation.

Some sweet mountain sunset views on our way down from the backcountry.