Episode 368
Bitcoin Fortress — Episode 183
Date: September 28, 2025
Block Height: 916,801
Moscow Time: 907
Fees: 1 / 1 / 1
News:
1) Strive acquires Semler; 5,816 BTC added
https://www.reuters.com/legal/transactional/ramaswamy-backed-strive-buy-semler-13-billion-deal-all-stock-deal-boosting-2025-09-22/
2) IREN pivots into AI; stock jumps
https://www.investors.com/news/bitcoin-price-selloff-iren-stock-ai-cloud-expansion-bitdeer-gold-silver/
3) $1.5B+ in crypto liquidations
https://www.businessinsider.com/bitcoin-ethereum-price-today-crypto-selloff-liquidation-derivatives-market-2025-9
4) BTC dips below \$111K after U.S. growth revision
https://www.coindesk.com/markets/2025/09/25/bitcoin-falls-below-usd111k-crypto-stocks-plunge-as-gdp-revision-dampens-rate-cut-odds
5) Crypto market value drops ~$300B
https://m.economictimes.com/news/international/us/crypto-market-crash-2025-why-300-billion-in-cryptocurrencies-btc-bitcoin-eth-wiped-out-this-week/articleshow/124182079.cms
6) ETFs buying ~9× miner issuance
https://cryptobriefing.com/bitcoin-etf-demand-outpaces-supply-etfs-buy-9x-more-btc-than-miners-produce/
7) SEC eases listing rules for commodity/crypto ETFs
https://www.reuters.com/sustainability/boards-policy-regulation/sec-paves-way-crypto-spot-etfs-with-new-listing-rules-2025-09-18/
8) Hashdex Nasdaq Crypto ETF approved
https://www.digitaljournal.com/pr/news/indnewswire/sec-approves-hashdex-nasdaq-etf-180593749.html
9) September fade: “Red September” fears
https://decrypt.co/341401/crypto-market-red-september-bitcoin-barely-hangs-on
10) October rally possible despite weakness
https://coincentral.com/bitcoin-prepares-for-october-rally-as-september-crash-strikes-again/
11) Cipher undervaluation claimed by DCF
https://simplywall.st/stocks/us/software/nasdaq-cifr/cipher-mining/news/is-cipher-minings-skyrocketing-2025-returns-justified-after/amp
12) UK to allow retail access to crypto ETPs
https://www.thearmchairtrader.com/crypto/a-safer-way-into-the-cryptocurrency-maze/
13) Mining equity ETFs gaining narrative