Some Bitcoin Maxis be like
“Stay humble. Stack sats.”
Not that many sats. 😂
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According to Crowdfund Insider, Nasdaq‑listed company Lion Group Holding Ltd will, through an investment participation and economic interest arrangement with Meili Capital Management Ltd, invest up to $12 million in Indonesian fintech company PT Nusantara Bumi Sangkara, acquiring an indirect 10% economic interest. Lion Group will pay with ordinary shares or other equity‑linked securities rather than cash. PT Nusantara Bumi Sangkara is developing a stablecoin, NIDR, pegged 1:1 to the Indonesian rupiah and backed by reserve assets, and says it has received regulatory approval or confirmation from the Indonesian Financial Services Authority (OJK). Lion Group stated that the transaction will expand its digital‑asset treasury footprint, covering the Southeast Asian digital finance market beyond the Bitcoin and Hyperliquid ecosystems.
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Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
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