U.S. Eyes Nationalizing Bitcoin Farms After Intel Coup 🌪️💸

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Another morning in the strange carnival of American finance, where fortunes are made and unmade before one has finished their coffee.

One sips, one reads, one observes the spectacle-the great national pastime of pretending to understand things of which we comprehend nothing. ☕

It appears the government, in its infinite and peculiar wisdom, has acquired a piece of Intel. Ten percent. Not a controlling interest, of course, but a foot in the door. A pebble before the landslide, as it were.

Secretary of Commerce Howard Lutnick announced this triumph on that modern-day public square, X. A triumph of… well, something. Semiconductors. The economy. Technological edge. The usual, comforting words one hears before the inevitable, tedious disillusionment.

BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies.

This historic agreement strengthens U.S. leadership in semiconductors, which will both grow our economy and help secure America’s technological edge.

Thanks to Intel…

– Howard Lutnick (@howardlutnick) August 22, 2025

Our President, a man who views the world as a series of deals to be celebrated, called it the best. A great deal for America. A great deal for Intel. One wonders who, precisely, is keeping score.

“I negotiated this deal with Lip-Bu Tan, the highly respected CEO of the company…The United States paid nothing for these shares, which are now valued at approximately $11 billion. This is a great deal for America, and also, a great deal for Intel,” Trump wrote on Truth Social.

The market, that fickle beast, responded with a shrug that somehow translated to a 5% gain. Such is the magic of it all.

And then, there is Max Keiser. Ah, Max. A man who sees the world through a single, unblinking, orange-colored lens. He suggests this “free” stake was not free at all. How droll. 🤨

No, $INTC didn’t ‘give away for free’ millions of shares in stock to the USG.

– Max Bitcoin (@maxkeiser) August 24, 2025

He posits a theory, a darkly amusing one, that this is merely the beginning. That the government, having tasted ownership, will soon develop an appetite for the whole meal. First Intel, for ‘national security.’ Then, why not the Bitcoin miners? $COIN, $RIOT, $MARA.

“Soon, when they realize they f up not buying enough Bitcoin. They’ll nationalize $COIN $RIOT $MARA & $MSTR for ‘national security’,” Keiser added.

His logic is impeccably cynical. The state, having found a slush fund for silicon, will inevitably turn it toward crypto, but only after it has failed to comprehend it, and therefore fears it. The tragicomedy of power is that it always arrives at the party far too late, and then attempts to buy the empty bottles.

“Whatever slush fund they tapped into for this Intel deal, why not tap those funds to buy Bitcoin? Oh yeah, they never did the work to understand Bitcoin,” Kiser told BeInCrypto.

This, while the Treasury Secretary speaks of a “Bitcoin Strategic Reserve” not from purchase, but from confiscation. Building a future on the plundered assets of the present. A most American fairytale. 🇺🇸

“We’ve also started, to get into the 21st century, a Bitcoin Strategic Reserve. We’re not gonna be buying that, but we are going to use confiscated assets and continue to build that up. I believe that a Bitcoin Reserve, at today’s prices, is somewhere between $15 and $20 billion,” Bessent claimed.

Chart of the Day

Byte-Sized Alpha

Crypto Equities Pre-Market Overview

Company At the Close of August 22 Pre-Market Overview
Strategy (MSTR) $358.13 $343.00 (-4.22%)
Coinbase Global (COIN) $319.85 $310.90 (-2.80%)
Galaxy Digital Holdings (GLXY) $25.57 $24.36 (-4.73%)
MARA Holdings (MARA) $16.29 $15.55 (-4.54%)
Riot Platforms (RIOT) $13.22 $12.68 (-4.08%)
Core Scientific (CORZ) $13.55 $13.45 (0.74%)

And so we watch the numbers fall, a slow, quiet descent into the red. A minor tragedy in a sea of them. Life, it seems, goes on. Mostly downward. 📉

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2025-08-25 18:19