Episode

The Feds Want 1 Million Bitcoin

Podcast
Good for Bitcoin
Published
May 22, 2026
Duration seconds
1242
Processing state
not_requested
Canonical source
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Audio
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JSON
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Markdown
/podcast/good-for-bitcoin-7094119/the-feds-want-1-million-bitcoin.md

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Summary

A bipartisan duo just introduced a bill to codify a 1M-BTC Strategic Bitcoin Reserve into law β€” with a mandatory 20-year holding period and self-custody protections for everyday Americans. In this episode of Good For Bitcoin, Brandon and Kate discuss: πŸ• Happy Bitcoin Pizza Day β€” 16 years since Laszlo's 10,000 BTC for two pizzas. Strategy adds 24,869 BTC and now sits on 843,738 BTC β€” roughly 4% of all Bitcoin that will ever exist. SpaceX's IPO filing reveals 18,712 BTC on the balance sheet β€” more than Coinbase, Strive, and even Tesla. Tether buys SoftBank out of Twenty One (Jack Mallers' Strike-adjacent treasury vehicle) for ~$780M. Nakamoto runs a 40-for-1 reverse split to dodge a Nasdaq delisting β€” Brandon exits both Nakamoto and 21 and goes Bitcoin-only. The American Reserve Modernization Act (ARMA): bipartisan support, up to 200,000 BTC acquired per year over five years, budget-neutral, 20-year lockup, quarterly proof-of-reserves, and a self-custody guarantee. Prime Trust's bankruptcy estate sues Swan ($970M) and Strike ($150M) for clawbacks β€” part of 99 lawsuits aimed at the broader industry. Glassnode: 30.2% of all Bitcoin sits in addresses with exposed public keys β€” mostly from address reuse. Iran launches "Hormuz Safe," a Bitcoin-backed insurance product for ships transiting the Strait of Hormuz. Galaxy Digital scores a NY BitLicense, and Minnesota authorizes banks and credit unions to offer Bitcoin custody. We secured @goodforbtc on X β€” go follow and help us get verified. Hosts: Brandon Marshall β€” @marshallmixing Kate Parkman β€” @katemparkman Subscribe & Follow: goodforbitcoin.com YouTube Spotify Amazon Music Apple Podcasts Pocket Casts RSS