#146 Saylor Wants To Raise $42B To Buy BTC Over 3 Years
How Microstrategy CEO Plans To Become BTC CEO
GM - this is The Snapshot, edition #146.
This is what I’ve got for you this week.
This Week In Web3 - Saylor $42B Raise To Buy BTC Over 3 Years
Sponsored Post - Lil Nouns To Vote On Lil Bean Season 2 Animations
Notable Sales - Hobbs, Punks, Penguins, Beeple
Investment Focus - On My Radar
For sponsorship enquires, please DM me on Twitter.
Have a great day,
B
This Week In NFT World - Saylor $42B Raise To Buy BTC Over 3 Years
Saylor via Microstrategy plans to raise $42B over next 3 years to buy BTC
"We are announcing a strategic goal of raising $42 billion of capital over the next 3 years, comprised of $21 billion of equity and $21 billion of fixed income securities. We plan to use the additional capital to buy more bitcoin as a treasury reserve asset in a manner that will allow us to achieve higher BTC Yield."
BTC ETF inflows yesterday approach $1B at $870M
"TOTAL NET FLOW: 870.1 IBIT: 642.9 FBTC: 133.9 BITB: 52.5 ARKB: 12.4 BTCO: 0 EZBC: 0 BRRR: 0 HODL: 16.5 BTCW: 0 GBTC: -17.3 BTC: 29.2"
"NBC, Nillion's Blind Computation, will create an entirely new whitespace for the possible applications built on large scale private data, one of the coolest parts about this vertical at the intersection of data & AI is that it is not limited to just crypto specific dApps but also many web2 services
the ability for @nillionnetwork to act as a critically important middleware for many different protocols and services really makes the sky the limit for how impactful they'll be able to be, as already evidenced by their many partnerships with existing teams in the space, and also the many applications already building on Nillion's testnet
Nillion is not competing with incumbents as many other crypto protocols are, but instead are empowering existing teams to be even more effective, while also allowing innovative founders to solve problems previously not possible by utilizing their tech stack"
Optimism Foundation grants 25M of $OP tokens worth $42M at current prices to Kraken to build new layer 2
"Like Base, and other T1 opportunities, Ink received a foundation grant. We will continue to share this publicly as it's key! 25M OP for this deal, 5M OP to help fund the engineering efforts for Ink, 20M for massive txn milestones to drive fees to the Collective and make it positive ROI."
AI agent Aether's Salvation minted +500k times after negotiation with founder of Zora
"A collab between @js_horne & Aether (AI agent by @anquetil of @higheronchain) has hit 225K mints on @base via @zora with five hours remaining Jacob & Aether negotiated the terms of the collab on @farcaster_xyz
""aether's salvation" is now at +500K mints While this collab on @bas between @js_horne and @higheronchain's AI agent "Aether" has my mind spinning on what's to come — an unexpected outcome is seeing the power of programmable, onchain referrals come to life before me Since minting this, I've received +280K ✧'s (0.28eth) just from others seeing that I minted and deciding to mint themselves Bullish on @zora and everyone else implementing or supporting onchain referrals that capture and reward both passive & active sharing"
Catholic church mascot Luce runs to $50M marketcap before pull back to $28.7M: surges later in week to $90M before pullback to $55M
"The Vatican has unveiled the official mascot of the Holy Year 2025: Luce (Italian for Light). Archbishop Fisichella says the mascot was inspired by the Church's desire "to live even within the pop culture so beloved by our youth."
Sponsored Post - Lil Nouns To Vote On Lil Bean Season 2 Animations
Lil Nouns DAO are coming together to vote on 8 eth proposal for season 2 of the Lil Beans animations on Tik Tok + Instagram.
The team will attempt to expand their social media reach on TikTok and Instagram via high quality and engaging animations that follow a consistent posting schedule
+
introduce a small experimental ad budget.
They will double down on animations (6 per month) and incorporate a through-line with the stories presented each week/month.
The goal for 1st half of the campaign is to reach 500k followers on TikTok and 100k IG followers. The most viewed content of Lil Bean has 2.4M views.
What will the DAO decide?
At the moment there are 24 votes for, and there are two more days left to vote. Exciting to see!
If you are curious about contributing to a cutting-edge DAO and getting paid to bring your ideas to life: check out our website.
Notable Sales - Hobbs, Punks, Penguins, Beeple
Tyler Hobbs, Fidenza - 25 ETH
CryptoPunk, Big Shades - 45 ETH
Beeple, Bull Run - 10.5 ETH
CryptoPunk, Cap - 35 ETH
Pudgy Penguin, Wizard - 18 ETH
Investment Focus - On My Radar
I had to reassess opportunities after restaking summer. The first half of this year was very lucrative, but it is time to lock in for the next set of opportunities.
this is an initial list to get set up, and i will be sharing more of what to do on X and here as I deep dive more. (remember, it is always best to be early, dyor and manage risk always)
trading
1. @azura
https://app.azura.xyz/ref/$BCheque1/mPh6cMEhTzGEKQcUJpTVHg…
raised $6.9m led by @Initialized, with support from @VoltCapital @winklevosscap @alliancedao @rajgokal (Solana), @Melt_Dem (Coinshares), @thegostep (Flashbots), and others to connect the world to decentralized finance.
2. @infinex_app (patron)
raised $67.70M via NFT Patron Sale from investors inc thiel's founders fund and vitalik
btc restaking
From @PinkBrains_io:
"Why @babylonlabs_io ? Think of it this way: Ethereum has Eigenlayer, and Bitcoin has Babylon." With $1.6B+ in TVL, Babylon leads the BTCFi ecosystem in shared security. After Cap-1’s success, Babylon Cap-2 hit new highs with 22,891 $BTC staked, @Lombard_Finance taking the lead as the top staker."
consumer / culture
5. @rektdrinks (investor)
no reason not to be claiming your $DRANK points routinely (and ideally buy crates and crates of dranks)
https://rewards.rektdrinks.com/rekt?referral=n6E0izCgXY1GsAaZvLOE_
Have a great day,
B
Disclaimer: The content covered in this newsletter is not to be considered as investment advice. It is for informational and educational purposes only.
I hold some of the NFTs mentioned in these newsletters
Michael Saylor for President 💪