We, the esteemed General Partners of TRU Capital, are pleased to welcome you to a new year and another edition of the TRU Capital newsletter.
As we start the new year its a great time to reflect on your goals, your relationships and your portfolio.
If you'd like to make some allocations to digital assets with our team feel free to click the button below and book a time
Now with that said, we believe Santa delivered this year in a big way so lets' hop right into it.
Here's what's TRU this month in crypto.
Bitcoin broke $100,000 for the first time, Microstrategy bought $2.1 billion of Bitcoin and was added to the Nasdaq 100, and the Ethereum ETFs saw recording breaking inflows indicating increased investor appetite as alt season kicks off.
Let's break it down.
Bitcoin Breaks $100,000
Bitcoin's price surged past $100,000, on December 5th, marking a significant milestone and generating widespread media attention. This rally fueled speculation about further price increases and renewed mainstream interest in crypto. The bulls are back
Microstrategy
MicroStrategy's Massive Bitcoin Purchase: MicroStrategy continued its aggressive Bitcoin accumulation strategy, purchasing another $2.1 billion worth of Bitcoin. The outperformance of their stock has been impressive culminating with its addition to the NASDAQ 100 index on Dec. 23rd.
Ether ETFs Experience Record Inflows: Ether ETFs saw their best day of inflows ever in December and sustained and growing demand throughout the month.
This indicates growing investor interest in Ethereum and the beginning stages of "Alt Season" - a period of time in the crypto market when Ethereum and other alt coins tend to outperform Bitcoin.
ITAT Ruling Recognizes Cryptocurrencies as Capital Assets: India's Income Tax Appellate Tribunal (ITAT) ruled that cryptocurrencies should be recognized as capital assets for taxation purposes. This landmark decision provided greater clarity on the tax treatment of cryptocurrencies in India and could encourage further adoption in the country.
India is a huge market for crypto. Indian crypto exchange CoinSwitch announced that its user base had grown to over 20 million investors, with a notable increase in female participation. Watch for continued adoption here and worldwide as regulatory clarity falls into place.
Strategic Bitcoin Reserve 🇺🇸
The concept of a "strategic Bitcoin reserve" gained traction in the US and worldwide, sparking serious and widespread discussions about the potential benefits and drawbacks of countries holding Bitcoin as part of their national reserves. Trump even mentioned this to Jim Cramer at a recent visit to the NYSE to ring the opening bell.
We expect this to become a reality in 2025.
Stablecoin Expansion
CZ, founder and former head of Binance, recently claimed that the United Arab Emirates holds over $40 billion of Bitcoin. This has not been officially confirmed but has been an open secret in crypto for a long time.
With so much bullish momentum and expected catalysts, it's hard not to feel bullish on the entire digital asset class for the next several months. This does not mean that we won't see multiple corrections along the way. Don't get shaken out by drops of 20-30 percent in the price of Bitcoin or alts. That's a normal part of any bull run.
All current macroeconomic, historical, and fundamental analysis points to a continued and significant bull run in the world of Bitcoin and digital assets. We anticipate sustained performance in Bitcoin and outperformance in the altcoin space as the market heats up and the bulls run.
This website is operated by TRU Capital Management, LLC TRU Capital Management, LLC. does not give or offer any business advice, investment advice, tax or legal advice to anyone using this website. Use of this website is not an offerby TRU Capital Management, LLC to solicit, sell or make an offer to buy any investment interest or securities. No federal or state securities commission or any other regulatory body has endorsed, guaranteed or approved of the information or materials on the website. Investment opportunities described or referenced on this website are meant only forAccredited Investors as defined in the Securities Act of 1933 and who understand and acknowledge the risks associated with private investments. TRU Capital Management, LLC does not make any recommendations regarding theappropriateness of any particular opportunities for any Investor or endorse any such opportunities. Investment opportunities referenced or linked on the website areexempt offerings of unregistered securities which are not publicly traded and aresubject to holding period requirements or other restrictions on transfer. As such, they are not suitable for investors who need or are expecting a short-term investment. In accessing this website and any pages or services thereof, you agree to be bound by TRU Capital Management, LLC’s Privacy Policy and Terms of Use .CONFIDENTIALITY NOTICE - This document and all contents herein are regarded asconfidential, proprietary, and legally privileged. All information is provided pursuant to an assertion and expectation of privacy and confidentiality. If you are not the expressly intended recipient or you do not assent to and agreed to keep all content herein private and confidential, you are hereby notified that you must not read this transmission and that any disclosure, copying, printing, distribution or use of any ofthe information contained herein is STRICTLY PROHIBITED. If you are in possession of this document, but are not the expressly intended recipient of this document, please immediately notify the sender and delete the original email and all content.
© 2025 TRU Capital Management, LLC. All Rights Reserved.