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Gm Folks
We’re back!
This is another edition of the bi-weekly bulletin launched in collaboration with @ForzaBitcoin and the @CoinsiliumGroup.
Thank you for reading (and loving!) the previous editions.
This time as well, we’ll be diving into the latest developments in financial markets, with a strong focus on the macroeconomic trends that drive and reinforce Bitcoin’s growing relevance as a global financial asset.
Forza! Bitcoin is a 100%-owned subsidiary of Coinsilium Group ($COIN.AQ $CINGF) registered in Gibraltar, and established to manage the Company’s Bitcoin Treasury and strategy.
Together, we’ll keep you updated on the latest moves around Bitcoin.
But first, let’s get this part out of the way:
Always DYOR:
This bulletin is for informational purposes only and contains summaries of news articles originally published by third-party media outlets. Please refer to the full disclaimer at the end of the post.
Now, let’s get started.
Here are the highlights:
⚡️ Big Money Moves
👉What is enough for the S&P 500?
👉Road to 1% BTC
👉All American, All Bitcoin
👉Amsterdam knows what’s up
👉We’re keeping an eye, Forza!
🌍 Bitcoin in the Wild
👉Choose wisely, Germany
👉What to do with Bitcoin Spam
👉Asia’s Wealthy says Yes BTC
👉Room for Growth, Room for Growth
👉The Path’s Clear, Exchanges
👉What are the odds, bro?
⚡️ Big Money Moves
💰What is enough for the S&P 500?
Michael Saylor’s company, Strategy (previously MicroStrategy), bought around 6,048 Bitcoin (roughly $449 million) between August 26 and September 1, bumping its total holdings to 636,505 BTC at an average purchase price of $73,765 per coin.
You’d think with that kind of Bitcoin weight and solid financials, Strategy would have a sure spot for the S&P 500, but it didn’t. Even though it fit the usual criteria like market cap, trading volume, and profitability, the index committee gave it a hard pass, choosing Robinhood instead.
Strategy’s deep Bitcoin exposure might have made the committee nervous about volatility and sector balance, in comparison to Robinhood’s diversified fintech model. But Michael Saylor pointed out that Strategy stock has outpaced both the S&P 500 ETF (SPY) and even Bitcoin itself, boasting a 92% surge versus SPY’s 14% and Bitcoin’s 55% annualized growth.
Keep reading for the next scoop.
💰Road to 1% BTC
Metaplanet just got the go-ahead from shareholders to raise about ¥130 billion (roughly $884 million) by issuing 550 million new shares overseas. Most of the cash is earmarked for buying more Bitcoin, potentially pushing its total holdings to about 20,000 BTC, and making it one of the largest corporate Bitcoin treasuries in the world.
To fortify its balance sheet, shareholders also approved a plan to issue up to ¥555 billion (about $3.8 billion) in preferred shares, which offer dividend priority.
Long term, Metaplanet is shooting for the moon: it wants to hold 100,000 BTC by the end of 2026 and 210,000 by 2027, which is roughly 1% of all Bitcoin in circulation.
💰All American, All Bitcoin
American Bitcoin, a mining and treasury company backed by Eric Trump and Donald Trump Jr., hit the Nasdaq on September 3, 2025. Its stock had a wild first day: it more than doubled briefly, surging up to around $14.50, before settling around $8.04, a solid 16–17% gain from the price it started at post-merger.
The company didn’t stop there. Almost immediately, it filed for an at-the-market equity raise (that’s a way to sell shares flexibly) of up to $2.1 billion. The plan is to use that cash to buy more Bitcoin and beef up its mining setup.
American Bitcoin is already holding around 2,443 BTC and is blending mining operations with building a Bitcoin-heavy treasury, leveraging mining facilities supplied by Hut 8.
💰Amsterdam knows what’s up
Treasury B.V., a Netherlands-based company backed by the Winklevoss twins, just raised about €126 million (roughly $147 million) in private funding. It used that money to stockpile over 1,000 BTC, making it one of the largest corporate Bitcoin wallets in Europe.
The plan is to utilize a reverse listing merger with MKB Nedsense to list publicly on Euronext Amsterdam, (a reverse listing is simply when a private company merges with a public shell to skip the traditional IPO process), and then trade under the ticker “TRSR.”
What’s more, another Amsterdam-based crypto startup called Amdax is planning something similar by launching its own Bitcoin treasury company (AMBTS) and aiming for an Euronext listing, too. It already has its sights set on owning at least 1% of all Bitcoin.
And rounding up this section,
💰We’re keeping an eye, Forza!
Despite the market’s eyes being on bigger names, Coinsilium Group’s Gibraltar subsidiary, Forza!, has been stacking even more Bitcoin. As of mid-August, they’d raised £17 million ( roughly $23 million) with the express purpose of investing in Bitcoin.
Currently, Forza! holds 182 BTC (≈US $20–21 million) and represents a broader decision by Coinsilium Group to make Bitcoin a foundational piece of their financial structure.
📌 FYI: Coinsilium’s shares are traded on the Aquis Stock Exchange Growth Market in London, under the ticker symbol "$COIN.AQ", and on the OTCQB Venture Market in the United States under the ticker symbol "$CINGF".
And now, we move on to the next section.
Those were the big money moves, but let’s not forget…
It's not just the money following Bitcoin.
It’s everybody.
Keep reading for the latest on regulation, adoption, and all things Bitcoin.
🌍 Bitcoin in the Wild
⭐Choose wisely, Germany
A recent blockchain deep-dive from Arkham Intelligence shows that around 45,000 Bitcoin, worth nearly $5 billion, linked to the Movie2K piracy case are still sitting untouched in over 100 wallets. These holdings haven’t moved since 2019 and appear to remain under the control of the original operators.
You might remember that Germany already seized and sold nearly 50,000 BTC in mid-2024 at an average price of about $57,900 each, which brought in around €2.6 billion (roughly $2.9 billion). Problem is, Bitcoin’s price has more than doubled since then, and those coins would now be worth over $6 billion.
The discovery of another stash raises a bigger question: should governments treat seized crypto like instant cash, or lean into it as part of a long-term reserve? German lawmaker Joana Cotar has pushed for the idea of a strategic Bitcoin reserve, but Germany’s central bank remains skeptical.
⭐What to do with Bitcoin Spam
Adam Back, Blockstream’s co-founder and a key Bitcoin architect, has raised the alarm over what he calls “JPEG spam” on the Bitcoin blockchain. By this, he refers to images, know as inscriptions, embedded directly into the chain via the Taproot upgrade and Ordinals protocol.
Since May, these have surged from about 88 million to 105 million, racking up roughly 7,000 BTC in fees (around $700–800 million). Back argues that while miners might pocket a fraction of that, the broader impact in higher costs, slower transactions, and a diluted focus on Bitcoin’s money-first mission, isn't worth it.
While he has suggested nudging miners and wallets to deprioritize these image-heavy transactions without encouraging centralization, others in the community like Economist Saifedean Ammous are willing to fund a developer to make spamming more expensive and difficult.
⭐Asia’s Wealthy says Yes BTC
Asian family offices, especially those in Singapore, Hong Kong, and mainland China, are ramping up their exposure to crypto, with many now aiming to hold around 5% of their portfolios in digital assets like Bitcoin and Ethereum.
This is especially clear in Singapore, where a firm called NextGen Digital Venture raised over $100 million in just a few months for its long-short crypto equity fund and was funded by clients like family offices and tech entrepreneurs who were impressed by the fund’s prior returns of 375% in less than two years.
Exchanges have noticed, too: Hong Kong’s HashKey saw an 85% jump in users this year, while South Korea’s trading volume is up 17% year-over-year.
⭐The Path’s Clear, Exchanges
U.S. regulators just cleared the path for mainstream exchanges like the NYSE, Nasdaq, CME, and Cboe to start trading spot crypto products like Bitcoin and Ethereum. Their recent joint staff statement clarified that under existing law, SEC- or CFTC-registered exchanges are not prohibited from listing these assets, including leveraged or margined versions.
On top of that, the SEC and CFTC have announced a joint roundtable, scheduled for September 29, to harmonize their rules further. They'll discuss aligning product definitions, margin rules, reporting standards, and even creating coordinated “innovation exemptions”
And finally,
⭐What are the odds, bro?
A collector in Arizona just scored an insane win from a $13 pack of Cardsmiths Currency trading cards, snagging a rare redemption card good for a full Bitcoin, worth nearly $111,000 at today’s prices. Cardsmiths’ series includes hidden crypto codes (for Bitcoin, Ethereum, Litecoin, and Dogecoin), and the odds of pulling something are just 1 in 192 packs.
The lucky finder, who goes by “decoparts” on Reddit, had publicly promised to donate half the after-tax proceeds if they ever pulled a Bitcoin redemption. True to their word, they pledged to give away 0.5 BTC, keeping only the rest.
Believe it or not, this is already the third time in the past year someone has pulled a full Bitcoin from these packs. Earlier winners got lucky on $33 and $50 packs, and the contest continues with Cardsmiths’ newer SPACE Series.
And that’s it!
Long read, but we hope you enjoyed it.
The next edition will be dropping later in September, so set a reminder in your calendar.
Till then,
Thank you for being a part of the When Shift Happens family.
Full Disclaimer
All rights to the original content belong to the respective publishers. We do not claim ownership of any third-party material and provide proper attribution, including source links, for transparency and reference. While we strive for accuracy in our summaries, we make no warranties or guarantees regarding the completeness or accuracy of the information provided.
Any mention of cryptocurrency, financial products, public company stocks, or other investment instruments in this newsletter or the referenced articles is not intended as financial advice or a recommendation to invest. The information is not tailored to any individual’s circumstances and should not be relied upon for investment decisions. Readers are encouraged to consult the original articles and seek independent financial, legal, or professional advice before making any investment.
The author(s) of this report may hold, directly or indirectly, positions in the securities or digital assets (including shares or tokens) of the company(ies) or project(s) mentioned herein. Any such holdings are disclosed for transparency and should not be construed as a recommendation to buy, sell, or hold any financial instrument.
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