The team discusses Bitcoin reaching $40,000 while Michael Saylor adds more Bitcoin to his balance sheet. The team further delves into the Solana ecosystem with highly anticipated airdrops from Jupiter & Jito.

Key Takeaways 

• Bitcoin climbed to a 20-month high of $40,100 after confidence increased in a bitcoin ETF approval by Jan. 10, 2024.
• The cause of this increased confidence was the SEC submitting certain filings last week that effectively enables it to make a decision on all ETF applicants at once in early January.
• Michael Saylor’s MicroStrategy bought an additional 16,130 BTC for $593M in November, bringing its holdings to 174,540 BTC. It may soon raise $750M to buy more BTC.
• Airdrop season is heating up in the Solana ecosystem. Last week, Jito announced its JTO token and Jupiter shared its website for checking eligibility for its upcoming JUP airdrop.