G’day Bitcoiner,

Here’s the week in Bitcoin treasuries.

🟠 What If Trump Bombed Iran?

🚨 Strategy Just Went Harder - $1.05B in New Bitcoin Bought 

🟠 Metaplanet Buys 1,112 More BTC | Treasury Engine Accelerates

🇬🇧 The Smarter Web Company Raises £29.3M to Fuel Bitcoin Treasury Strategy as Shares Soar 25%

 The Blockchain Group now holds 1,653 BTC

🟠 What If Trump Bombed Iran?

What was once a hypothetical scenario may now be just days away.

According to legendary investigative journalist Seymour Hersh, U.S. military strikes on Iran could begin as early as this weekend. Hersh, citing trusted Israeli insiders and long time American officials, reports that a full-scale American bombing campaign is imminent, with the objective of neutralising Iran’s nuclear infrastructure - and, indirectly, the regime itself.

In parallel, former president Donald Trump has publicly declared that he will make a decision on Iran “within two weeks.” The timing, the rhetoric, and the build up of American firepower in the region suggest we are on the cusp of a major global escalation.

Let’s hope cooler heads prevail, and that the Israel lobby’s grip on American foreign policy begins to loosen, before the world sleepwalks into another catastrophic war - one that will be paid for not by generals or politicians, but by innocent civilians caught in the crossfire of a conflict they never chose.

⚔️ The Geopolitical Flashpoint: Israel vs. Iran

In this possible scenario, the U.S., under Trump, launches strikes against Iranian nuclear energy facilities in support of Israel. The military and geopolitical consequences unfold fast:

🟦 Israel-Allied Bloc:

• U.S. conducts airstrikes and deploys Navy assets in the Gulf

• Israel continues its war crimes on Iran, Gaza and neighbours.

• Saudi Arabia & UAE quietly assist - airspace, intel - but avoid direct war.

• UK & NATO offer political cover, not boots on the ground.

🟥 Iran’s Response Network:

• Iran strikes back with missiles at U.S. bases and tries to close the Strait of Hormuz.

• Hezbollah fires on Israel; Hamas escalates from Gaza.

• Houthis in Yemen target Gulf oil infrastructure and Red Sea shipping lanes.

• Russia & China back Iran diplomatically, possibly with cyberwarfare and arms.

• Pakistan stays formally neutral unless instability hits its borders.

Result: a massive regional war that could quickly escalate, global energy disruption, and a financial shockwave felt everywhere.

📉 The Economic Fallout: Stagflation and Instability

A war of this scale doesn’t just stay in the Middle East.

• Oil skyrockets - $150+ per barrel if Hormuz or Red Sea routes close.

• Inflation surges - fuel, food, and shipping costs spike.

• Recession risk rises - stagflation creeps in.

• Capital controls and sanctions freeze funds across borders.

• Trust in fiat begins to crack under the pressure of war-funded money printing.

As governments turn inward and financial systems fracture, the world starts searching for apolitical, self-sovereign money.

₿ Bitcoin: The Peaceful Asset for a World at War

When fiat fails, capital flees to safety. In a wartime world, Bitcoin isn’t just a hedge - it’s a necessity.

🔐 Self-Custody = Self-Sovereignty

In a war economy, your money is only yours if you hold the keys.

• Bank accounts can be frozen.

• Currencies can be debased.

• Capital can be trapped by borders.

But Bitcoin in self-custody - secured by 12 words - is nearly impossible to seize. No military can confiscate it. No dictator can print it. No borders can contain it.

Whether you're a dissident, a business, or a nation-state, Bitcoin offers a way to preserve freedom, value, and mobility when everything else collapses.

🕊️ Bitcoin Is Peace

In a world rushing toward conflict, Bitcoin is the only monetary system not built on coercion.

It is:

• Borderless: Accessible anywhere, to anyone.

• Censorship-resistant: Immune to sanctions and gatekeepers.

• Inflation-proof: No central bank, no war tax, no bailouts.

• Aligned with peace: It rewards saving, long-term thinking, and sovereignty.

Fiat systems fund wars. Bitcoin protects civilians.

Trump once called himself the “peace president” - the first in decades not to start a new war. But this time, the political winds are different. Some of his largest financial backers are ardent Zionists, including Miriam Adelson, a billionaire casino magnate and key donor with deep ties to the Israeli right and unwavering support for Netanyahu's government.

As Israel draws the U.S. deeper into a widening conflict, the question isn’t just whether Trump wants to avoid war - it’s whether he can resist the influence of those urging escalation. If another global conflict looms, let’s hope restraint holds - but for those preparing for the worst, Bitcoin is how you opt out of the madness in an economic sense.

🚨 Strategy Just Went Harder - $1.05B in New Bitcoin Bought 🚨

MicroStrategy (d/b/a Strategy) has deployed $1.05 billion to scoop up 10,100 BTC at an average price of $104,080/BTC - funded through an aggressive trifecta of preferred stock raises and ATM equity offerings.

🔄 BTC Totals Now:

• 592,100 BTC held

• $41.84B total purchase cost

📈 How they funded it - without diluting common shareholders:

• STRK ATM (8% Yield Preferred): $45.2M raised

• STRF ATM (10% Yield Preferred): $28.6M raised

• STRD Public Offering: $979.7M net proceeds

That’s $1.05B in fiat → instantly recycled into Bitcoin. 🔁 

✅ All of this Bitcoin was bought without issuing new MSTR shares - no dilution to common stockholders. Just pure, leveraged conviction.

💡 Translation: MicroStrategy isn't slowing down. They're stacking harder than ever - and paying high-yield rates to do it.

🟠 Metaplanet Buys 1,112 More BTC | Treasury Engine Accelerates

📢 Metaplanet Inc. has acquired an additional 1,112 BTC at an average price of ¥15,182,668 per coin, investing ¥16.88 billion in this latest purchase - bringing its total holdings to 10,000 BTC, valued at over ¥139 billion.

💡 And here’s the kicker:
Not a single new common share was issued to fund this - dilution-free BTC stacking.

🔹 Treasury KPIs That Matter

📈 BTC Yield (QTD as of June 16): 87.2%
That’s the increase in BTC per fully diluted share - the core indicator of accretive performance to shareholders.

📊 BTC Gain (QTD): 3,526 BTC
Shows how much net BTC Metaplanet would’ve gained this quarter even without issuing new shares.

💴 BTC ¥ Gain (QTD): ¥25.5 billion
BTC Gain multiplied by price — showing shareholders the real-world fiat impact.

🧾 How It’s All Funded: Debt > Dilution

On June 16, Metaplanet issued its 18th Series of Ordinary Bonds to EVO FUND, raising USD $210 million with:

• ⚠️ Zero interest

• 🔁 Redeemable early at face value

• 🧠 Flexible repayment strategy aligned with stock acquisition rights

This means:
🔸 Metaplanet is buying Bitcoin with cheap capital,
🔸 protecting shareholders from dilution, and
🔸 replacing weaker yen-denominated assets with hard money.

And they're not stopping there. The company has updated its capital plan to allocate ¥703.6 billion (~$4.5B USD) for Bitcoin purchases through June 2027 - a full transformation of its treasury strategy.

🇯🇵 Why This Matters

Metaplanet is positioning Bitcoin as a long-term defensive reserve against:

• The collapse of the Japanese yen

• Persistent negative real interest rates

• Mounting government debt

It’s no longer about just stacking - it’s about survival and strategic dominance.

Short ₿its 🌟

🟠 The Blockchain Group now holds 1,653 BTC worth ~€149M after acquiring 182 BTC for €17M - funded via convertible bonds and equity conversion with backers like TOBAM, Moonlight Capital, and UTXO. With a BTC Yield of 1,173.2% YTD and 57.2% QTD, the company added 469 BTC YTD and €43.8M in BTC € Gain. This aggressive Bitcoin-per-share growth strategy is turning traditional capital raises into hard money. Europe's first Bitcoin Treasury Company is compounding at high velocity.

🟠 Prenetics joins the Bitcoin treasury club, allocating $20M to buy 187 BTC as part of a bold pivot following a 95% stock price collapse. The Nasdaq-listed healthcare company appointed ex-OKX COO Andy Cheung to lead a dynamic, yield-focused BTC strategy. With $117M in liquidity and plans to expand crypto payments across its platforms, Prenetics aims to become a leading healthcare Bitcoin holder.

🍁 LQWD Technologies has expanded its Bitcoin treasury to ~166 BTC, adding 5 more coins as it continues to execute its long-term accumulation strategy. With over 720 sats per share, zero debt, and unencumbered holdings, the Canadian Lightning Network infrastructure firm is building a fee-driven, BTC-native business model. CEO Shone Anstey says LQWD is primed to lead the next wave of Bitcoin’s evolution. 🇨🇦 This isn’t just stacking - it’s strategic positioning for the Lightning era.

🇯🇵 Japanese fashion brand ANAP just added 31 more BTC, bringing its total holdings to 184.67 BTC—worth nearly ¥480 million. The company is sprinting toward its bold target of 1,000+ BTC by August 2025. High fashion meets hard money in Tokyo’s latest treasury play.

🟠🇬🇧 Smarter Web Co. Adds 104 BTC, Hits 346.63 Total

One of the UK’s most aggressive Bitcoin treasury players, Smarter Web Co., just added 104.28 BTC, pushing its holdings to 346.63 BTC (~£27.7M). The firm’s stock jumped 8%+ on the news, continuing a meteoric rise that’s made it one of the most valuable companies in the FTSE 250. Inspired by U.S. giants like Strategy (MicroStrategy), Smarter Web is executing a 10-Year Bitcoin Accumulation Plan—transforming reserve cash into hard money. In a world of economic uncertainty, they’re betting that Bitcoin is the future of corporate finance.

Tweet of The Week

Podcast of The Week

🎙️ Natalie Brunell x Dylan LeClair (Metaplanet)

In this must-listen, Dylan LeClair breaks down why Metaplanet pivoted from hotels to a Bitcoin-first strategy, the Japan tax edge for BTC equities, and the details behind their strike warrant issuance and bold 555 Million Plan. He unpacks how Michael Saylor is rewiring capital markets, explains Strategy’s $STRF, $STRK, $STRD instruments, and shares why he's bullish on $SMLR and corporate BTC treasuries as the next frontier.

💬 Got questions about how Bitcoin can work for you or your business? Let’s chat—book a free 30-minute consultation and get clarity fast 🕒⚡

Daniel 

for Bitcoin on Balance

32 York Street, Sydney NSW 2000, Australia

https://www.bitcoinonbalance.com/