Theaudit

bitdevs

The Takeover asks who buys STRC at $100, and Bitcoin Dollar makes its case for yield on treasury BTC.



Welcome to the Bitcoin Balance Sheet. Each Friday, we recap key insights from our podcast hosted by our very own Tyler Rowe.

Strategy crossed 850,000 BTC for the first time after buying 1,036 BTC for $81.9 million. Its No. 1 treasury stood at 850,364 BTC on November 8. Strive added a second preferred in October with its 15% SATS offering. On the Takeover, Parker White argues that some SATS buyers might otherwise have bought Strive’s own SATA, a distinction that matters when the goal is to bring in fresh capital. Bitcoin Dollar’s Hunter Prendergast and Grant Leslie take the funding question back to the balance sheet. Their pitch is to earn yield on the BTC a treasury already holds between capital raises.

![](https://m.stacker.news/166127)The Takeover asks who buys STRC at $100, and Bitcoin Dollar makes its case for yield on treasury BTC.

Strategy Bought 1,036 BTC. It Spent More Buying Back STRC.

Construction_and_Engineering

Choosing between a Canadian Bitcoin ETF in a Tax-Free Savings Account (TFSA) and direct self-custody (cold storage) comes down to a trade-off between tax efficiency and convenience versus sovereignty and counterparty risk.
| Key Considerations | Canadian Bitcoin ETF in a TFSA | Direct Bitcoin in Cold Storage |
|---|---|---|
| Taxation | 100% Tax-Free: Capital gains and withdrawals are completely sheltered from the CRA. | Taxable: 50% of capital gains are included in your taxable income upon sale, swap, or spend. |
| Ownership | Paper Exposure: You own shares of a fund that holds Bitcoin; you do not own the underlying asset directly. | Direct Ownership: You hold the private keys to actual Bitcoin on the blockchain. |
| Security & Custody | Institutional Custody: Handled by regulated third-party custodians. No risk of losing private keys, but exposed to fund/custodian risk. | Sovereign Custody: Zero third-party counterparty risk, but 100% personal responsibility for seed phrase security. |
| Network Utility | None: Cannot send, receive, stake, or route payments on the mainnet or Lightning Network. | Full Utility: Can execute raw on-chain transactions, open Lightning channels, and conduct P2P micro-payments. |
| Ongoing Costs | Management Expense Ratio (MER): Annual ETF management fees (typically 0.20% – 1.00%) reduce long-term returns. | Zero Ongoing Fees: Network transaction fees apply only when executing on-chain moves. |
| Trading Hours | Stock Market Hours: Trades only when the TSX is open (Mon–Fri, 9:30 AM – 4:00 PM ET). | 24/7/365: Trade, transfer, or spend anytime globally without market market restrictions. |
Holding via Canadian ETF in a TFSA
Pros:
 * Tax-Free Growth & Capital Gains: This is the headline benefit. If Bitcoin appreciates significantly, 100% of the growth inside a TFSA can be withdrawn completely tax-free.
 * Zero Self-Custody Burden: You don't need to manage seed phrases, hardware wallets, passphrase backups, or worry about personal operational security (wiping a device, physical theft of keys).
 * Simple Estate & Tax Planning: Easy to integrate into traditional Canadian brokerage accounts (Questrade, Wealthsimple, RBC Direct, etc.) alongside stocks/bonds, making estate settlement for heirs straightforward.
Cons:
 * Not Your Keys, Not Your Coins: You own a financial claim on a fund, not Bitcoin itself. You are exposed to institutional, regulatory, or custodial risks.
 * Management Fees (MER): ETF providers charge ongoing management fees that chip away at total accumulation over long compounding periods.
 * No On-Chain / Lightning Functionality: You cannot move your holdings into a self-custodial wallet, use them as collateral in native Bitcoin protocols, or send micro-tipping/payments via the Lightning Network.
 * TFSA Contribution Limits: You are capped by your personal TFSA contribution limit (cumulative maximum room is $109,000 for an eligible adult who has never contributed).
Holding Direct Bitcoin in Cold Storage
Pros:
 * Absolute Sovereignty: True peer-to-peer digital ownership. No government, exchange, broker, or custodian can freeze, confiscate, or restrict your funds without access to your private key.
 * Full Network Utility: You can send, receive, route Lightning channels, use self-sovereign apps, and interact with the protocol 24/7/365.
 * No Ongoing Management Fees: Outside of initial hardware wallet hardware setup and standard network transaction fees, holding Bitcoin costs nothing on an ongoing basis.
 * Uncapped Accumulation: No contribution limits or tax-advantaged account caps dictate how much you can stack.
Cons:
 * CRA Capital Gains Tax: Every disposition (selling for CAD/USD, swapping for another crypto, or spending on goods/services) triggers a taxable event. In Canada, 50% of realized capital gains must be included in your taxable income for the year.
 * Compliance Tracking: You must track your Adjusted Cost Base (ACB) in CAD for every transaction or transfer to remain compliant with CRA reporting rules (Schedule 3).
 * Single Point of Personal Failure: If you lose your hardware wallet, seed phrase, and backups, your funds are permanently unrecoverable.
Summary Perspective
Many Canadian Bitcoiners adopt a hybrid approach:
 * TFSA ETFs are used as a tax-sheltered vehicle for pure capital appreciation that can eventually be liquidated tax-free for retirement or fiat real-estate purchases.
 * Cold Storage is used to maintain core sovereign wealth, keeping true Bitcoin on-chain to protect against counterparty risk and maintain network utility.

TFSA spot ETFs vs.Cold Storage keys:How are you playing the long game in Canada?

Why Canadian BTC stackers love Shakepay 🇨🇦⚡️
Most exchanges give you high fees and slow withdrawals. Shakepay is built differently for daily sats stackers:
📱 Daily ShakingSats: Shake your phone daily to earn free sats (keep that streak alive!).
💳 1.5% Sats Back: Swap your debit card for the Shakepay Visa & earn BTC on daily expenses.
🔄 Zero-Fee DCA: Auto-buy daily or weekly with $0 commission.
⚡️ Instant Lightning Exit: Zero network fees to sweep your stack straight to self-custody.
💡 The P2P Liquidity Loop
Need clean, non-custodial fiat rails? Shakepay acts as the ultimate fiat bridge:
Interac e-Transfer (CAD) ➡️ Shakepay (Instant On-Ramp) ➡️ Lightning (Free Exit) ➡️ Bisq / Hodl Hodl (P2P Desks)
 * On-ramp CAD instantly via e-Transfer.
 * Withdraw BTC via Lightning for free into P2P escrow.
 * Capture regional P2P premiums & stack the difference.
Stop leaving free sats on the table. Stay non-custodial, stack daily, and hold your own keys. 🛠️
#Bitcoin #StackingSats #LightningNetwork #Nostr #P2P

Why Canadian BTC stackers love Shakepay 🇨🇦⚡️

Just want to know if anyone here is into Bitcoin Mining. Do you have a simple setup like me (Node + Pool + Miner)? Please do share your setup. Or if you're interested in setting up your own Bitcoin Mining, I'll do my best to help.

May the Hash be with you!

Who's into Bitcoin Mining?

mary
✕ 
SunBit, a Finnish company, has installed 30 systems that use heat from Bitcoin mining to warm buildings, with mining revenue potentially covering electricity costs.

The systems cost roughly $20,000 or more to install and use more electricity than heat pumps, making their financial advantage dependent on Bitcoin prices, power costs and mining competition.

Bitcoin’s expected 2028 halving will cut new coin rewards in half, potentially before homeowners recoup their investment, and is not included in SunBit’s payback calculations.

Finland is already the testbed for heating with mining. MARA’s systems feed waste heat from its miners into district heating networks in Satakunta and Seinäjoki, warming about 80,000 residents.

![](https://m.stacker.news/165287)

![](https://m.stacker.news/165288)

Finland homes get free heat from bitcoin miners (as long as BTC stays above $70k

bitcoin_Mining

Russia has undergone a major shift from heavy skepticism to a heavily regulated, state-controlled framework for Bitcoin and cryptocurrency. The strategy is twofold: legalizing Bitcoin for retail trading and international trade while strictly curbing domestic payments and informal channels.
Key Developments
1. Greenlight for Retail Trading (November 2026)
 * Approved Assets: The Bank of Russia approved Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) for retail access through authorized Russian intermediaries starting November 17, 2026.
 * Investor Limits: Non-qualified (retail) investors are capped at 300,000 rubles per year (approx. $3,700) per intermediary and must pass a risk-assessment test before trading. Qualified investors face no purchase limits.
 * Exchange Integration: Major domestic trading venues, including the Moscow Exchange (MOEX), are preparing to launch organized digital currency trading beginning December 1, 2026. Coverage detailing the central bank decision can be found via TradingView and FinanceFeeds.
2. Legalization for Foreign Trade, Ban on Domestic Payments
 * Cross-Border Settlements: Russian companies can legally use Bitcoin to settle international payments and conduct foreign trade with non-residents. This offers an alternative mechanism to navigate Western financial sanctions.
 * Domestic Ban: Bitcoin remains explicitly prohibited as a payment method for goods, services, or internal domestic commerce within Russia.
3. Crackdown on Unregulated Channels & P2P
 * Peer-to-Peer Restrictions: Unregulated peer-to-peer (P2P) crypto transactions face strict crackdowns and will be fully banned by July 1, 2027. All trades must pass through licensed Russian brokers, exchanges, or depositories.
 * Self-Custodial Reporting & Surveillance: While holding Bitcoin in self-custody wallets is not illegal, Russian authorities mandate strict data retention and reporting requirements for domestic intermediaries, including regulatory frameworks detailed by reporting at Meduza.
4. Bitcoin Mining Regulation
 * Industrial Support: Russia continues to embrace industrial-scale Bitcoin mining—leveraging low energy costs in regions like Siberia—provided operators register with tax authorities and pay regional energy tariffs.
#Trading view and #Finance feeds.

Russia legalizes capped Bitcoin retail trading while allowing foreign trade.

bitcoin_beginners

Quick reminder for anyone stacking out there today: Dollar-Cost Averaging (DCA) beats trying to time the market every single time.
Stop stressing over local tops and bottoms. The secret to long-term success isn't day trading—it's consistent, automated stacking and protecting your yield.
Here are 3 rules every stacker should live by:
Automate your stack: Set up daily or weekly micro-buys and let compounding work for you.
Watch the fees: Accumulate via low-fee options or Lightning Network micro-tipping, then batch your UTXOs when moving to cold storage.
Prioritize self-custody: Not your keys, not your coins. Don't leave your hard-earned stack sitting on exchanges.
Consistency > Hype. Stack what you can, lower your stress, and let time do the heavy lifting. 🚀
What's your current stacking milestone right now? Drop your target below! 👇

Timing the Market.

Politics_And_Law

1. Risk-Off Market Sentiment & De-Leveraging
During acute geopolitical escalations (such as military strikes or threats around key infrastructure like the Strait of Hormuz), global financial markets shift into a "risk-off" posture.  
Leverage Flush: Because crypto markets operate 24/7 with heavy leverage, sudden conflict news often triggers cascading liquidations of long positions.  
High Beta behavior: In the immediate aftermath of major strikes, Bitcoin tends to trade more like high-beta tech equities than classic gold—dropping alongside broader risk assets while traditional safe havens (like crude oil and gold) rally.  
2. Macro Spillover & Oil Prices
Inflation Concerns: Military friction in the Gulf pushes Brent crude and energy prices higher. Elevated oil prices fuel global inflation concerns, leading central banks to keep interest rates higher for longer—a environment that restricts liquidity for speculative and fixed-supply assets like BTC.  
3. Relief Rallies on Diplomatic Signals
Markets price in worst-case scenarios quickly. Whenever reports surface of potential diplomatic negotiations or de-escalation, Bitcoin frequently sees sharp "relief rallies" as capital flows back into risk assets. 
 #bitcoin news#irancryptonews.comCryptoNews#Bloomingbit

Geopolitical tensions involving Iran and the broader Middle East affect Bitcoin

Stablecoin supply just hit an all-time high of over $300 Billion onchain. That’s massive liquidity sitting on the sidelines waiting for the next catalyst while standard paper assets look shaky.

Short-term traders are stressing about the dips, but long-term stackers know: dry powder doesn't stay dry forever. ⚡️
Are you:
🪨 Holding ground: Sitting tight on your stack
⛏️ Scooping sats: Treating sub-$80k as a discount zone
⏳ Waiting: Cash in hand, watching for lower levels
Drop your play in the comments! 👇

Bitcoin sitting at ~$75k feels like a test of true conviction. 🧠🧱

It’s explaining to normal people why you’re genuinely excited about buying internet money fractions while your morning coffee costs the equivalent of a sats lottery win. ☕️⚡️
What’s your current stacking strategy right now?
A: DCA and chill (never check the charts)
B: Grinding faucets & lightning micro-tasks like it's a second job
C: Pure chaos and gut feelings
Drop your letter below. 👇 Stack on, friends. 🛡️🟠

The hardest part of stacking isn’t the dips.

mempool

With the mempool clear and base layer fees hovering around 1 sat/vB, on-chain transfers are cheap, but Lightning is still king for instant sats.
Who else is stacking every single dip? Show your node some love and zap me a sat if you're reading this!

Stacking Sats on a Dime: Mempool Status & Lightning Speed ⚡

bitcoinplusplus

Governments used to laugh at Bitcoin. Now they're stacking it. 🌍₿

🇸🇻 El Salvador made it legal tender in 2021 and still buys about 1 BTC a day, now 7,800+ coins
🇺🇸 The US created a Strategic Bitcoin Reserve in 2025
🇧🇹 Bhutan quietly mined its way into a national stash
🇵🇰 Pakistan and 🇧🇷 Brazil are pushing reserve plans of their own

And a Coinbase exec says 40+ countries have shown interest in holding it.

The question isn't whether nations will adopt Bitcoin. It's who moves first and who gets left behind. 👀

Which country do you think is next? 👇

#Bitcoin #BTC #Crypto

Government used to laugh at Bitcoin.Now they are stacking it.🌏₿

Government used to laugh  at Bitcoin. now they're stacking it.🌏₿

@20f05099e5's bio

bitcoin

On May 22, 2010, programmer Laszlo Hanyecz bought two large Papa John's pizzas for 10,000 bitcoins, marking the first real-world commercial transaction using BitcoinOn May 22, 2010, programmer Laszlo Hanyecz bought two large Papa John's pizzas for 10,000 bitcoins, marking the first real-world commercial transaction using Bitcoin