Ten31 Timestamp 769,751
As 2022 comes to a close, we want to thank all members of the Ten31 Tribe and the broader bitcoin community for helping to support our mission of investing in critical bitcoin infrastructure to advance financial freedom and individual sovereignty. This year has been a resounding success for Ten31 — we closed our second fund, have now invested in over 30 blue chip bitcoin companies, made grants to important projects like Fedimint, supported developers attending the Oslo Freedom Forum, and deepened our involvement in bitcoin at the grassroots level through community organization and involvement across the US and globally. Ten31 has established itself as a key trusted partner to the most innovative bitcoin companies and founders, and we’re just getting started.
To kick off 2023, Ten31 will be participating in the Nashville Energy & Mining Summit at Bitcoin Park, where we’ll be spending time with some of the foremost thinkers and operators in the bitcoin mining industry and where many of our portfolio companies will be represented. We hope to see some of you at what should be a very high signal couple of days in the Music City.
Selected Portfolio News
Samourai Wallet released the latest version of their wallet, which re-introduces “Stealth Mode” (allowing users to disguise the Samourai app as one of four decoy apps for added privacy) and the ability to broadcast valid transactions on behalf of any other party:
Start9 added SearXNG, a self-hosted and privacy-preserving search engine, to EmbassyOS:
Unchained opened trading capabilities for customers living in Washington, DC:
Jack Mallers provides a Strike Commerce Update where he highlights areas of success and learning experiences over the last year:
StatMuse released volume 3 of The Muse Letter where they provide the Top 10 Stat Stories:
Impervious released a newsletter detailing the Impervious Browser’s first 60 days in Alpha.
Argo Blockchain sold its Helios facility in Texas to Galaxy Digital for $65 million in a deal that the company said will allow it to avoid bankruptcy. Argo also received a $35 million loan from Galaxy.
Just a week after adjusting its yield curve control targets slightly upward, the Bank of Japan engaged in several consecutive days of unscheduled JGB purchases to stabilize excessive pressure on yields, including offers to buy unlimited quantities of 2 and 5 year notes and 600 billion yen of 1-10 year bonds.
Spain announced another “inflation relief” stimulus package of €10 billion, its third such package of 2022.
The newly elected Prime Minister of Fiji is reportedly considering a bill to make bitcoin legal tender in the island nation.
Michael Saylor, executive chairman of MicroStrategy, announced the company has purchased an additional ~2,500 bitcoin as part of its treasury strategy (following a sale of roughly 700 bitcoin for tax loss harvesting).