

Mark Cuban: “People look at Bitcoin as a better version of gold, and I agree with that. I think it’s a great store of value.” (CNBC)
Fidelity’s ($4.9B AUM) 2025 prediction: “We anticipate more nation-states, central banks, sovereign wealth funds, and government treasuries will look to establish strategic positions in bitcoin.” (Fidelity Digital Assets)
A survey by Bitwise Investments ($5B AUM) show that 56% of financial advisors are more likely to invest in cryptocurrency as a result of the 2024 U.S. election. (Bitwise Investments)
The Financial Services Commission of South Korea will begin phasing in relaxed regulations on crypto trading for institutional investors. (CryptoSlate)
Thailand’s Finance Minister, Pichai Chunhavajira, is launching a pilot program in Phuket designed to boost convenience for foreign tourists by accepting Bitcoin for goods and services. (The Nation Thailand)
Lawmakers in North Dakota and New Hampshire have introduced legislation to consider adding digital assets to their state treasuries. (CryptoSlate)
MicroStrategy (MSTR) acquires another 1,070 Bitcoins for ~$101M, bringing its total to 447,470 Bitcoin acquired for ~$27.97B. (MicroStrategy)
KULR Technology (KULR) increased its Bitcoin Treasury purchases by an additional $21M to reach a total of $42M. (KULR Technology)
Heritage Distilling (CASK) announces Bitcoin acceptance as a form of payment, and plans to hold Bitcoin proceeds in its treasury. (Heritage Distilling)
Jensen Huang predicts: “15 years for very useful quantum computers, that’d probably be on the early side. If you said 30 is probably on the late idea. But if you picked 20, I think a whole bunch of us would believe it.” (@amitisinvesting)
Summary
This week in Bitcoin, billionaire Mark Cuban endorsed the cryptocurrency as a superior store of value to gold. Institutional interest continues to surge with Fidelity predicting wider adoption by nation-states and central banks, and Bitwise reporting that 56% of financial advisors are more likely to invest in cryptocurrency following the 2024 election. Several regulatory shifts signal growing acceptance: South Korea is easing crypto regulations for institutional investors, Thailand is launching a Bitcoin payment pilot program in Phuket, and lawmakers in North Dakota and New Hampshire have introduced legislation to add digital assets to their state treasuries. Corporate adoption continues to accelerate, with MicroStrategy expanding its Bitcoin holdings to $27.97B, KULR Technology doubling its Bitcoin treasury to $42M, and Heritage Distilling beginning to accept and hold Bitcoin. Finally, NVIDIA's CEO Jensen Huang suggests quantum computing disruption may be more than a decade away.