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Ground Report From Washington, DC: TBL Weekly #144

Ground Report From Washington, DC: TBL Weekly #144

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Nik Bhatia
Jun 07, 2025
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The Bitcoin Layer
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Ground Report From Washington, DC: TBL Weekly #144
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Dear Readers,

After a quick trip to Capitol Hill and the Strategy headquarters, I landed to the news of Trump and Musk getting extremely testy. There is much more going on behind the scenes than we could ever know. I recorded a quick video today with some of my thoughts on the “Big Beautiful Bill” and all the drama that has come with it, but in today’s letter, I’d like to discuss the path forward for bitcoin—and it’s quite bullish. A special thank you to Augustine for letting me steal the Weekly away from him this week.


In the first 100 days of the new administration, pro-bitcoin rhetoric has turned into policy.

A new executive order established a national strategic bitcoin reserve and directed the Treasury and Commerce departments to explore growing the reserve within a budget-neutral framework.

Unchained and the Bitcoin Policy Institute are hosting a live panel with Congressman Nick Begich, BPI Executive Director Matthew Pines, and Unchained’s Joe Burnett—and releasing a full report that explains what’s happening and why it matters.

In this session, you’ll learn:

  • Why the Strategic Bitcoin Reserve Executive Order is a policy milestone

  • What new legislative and enforcement shifts mean for bitcoin’s future

  • How to position yourself before the window closes

Register for the June 3 event and read the full 100 Days Brief

Register Here


The Financial Freedom Report is a weekly newsletter from the Human Rights Foundation (HRF) that tracks how authoritarian regimes weaponize money to control their populations and suppress dissent. It also spotlights how freedom technologies like Bitcoin are helping everyday people reclaim their financial independence and freedom.

A one-of-a-kind newsletter connecting the dots between financial repression, geopolitics, and emerging tech.

Smart macro analysts don’t just watch the Fed. They watch the world.

Subscribe Today


Blockstream Jade Plus is the easiest, most secure way to protect your Bitcoin—perfect for beginners and pros alike. With a sleek design, simple setup, and step-by-step instructions, you'll be securing your Bitcoin in minutes.

Seamlessly pair with the Blockstream Green app on mobile or desktop for smooth onboarding. As your stack grows, Jade Plus grows with you—unlock features like the air-gapped JadeLink Storage Device or QR Mode for cable-free transactions using the built-in camera.

Want more security? Jade Plus supports multisig wallets with apps like Blockstream Green, Electrum, Sparrow, and Specter.

Protect your Bitcoin, sleep better, stack harder. Use code: TBL for 10% off.

Take Control of Your Bitcoin Today


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My Visit to Strategy

I had the honor of conducting an educational session for the worldwide employees of Strategy, formerly MicroStrategy, in Virginia this week. And I almost completely blew it.

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