#7 The First Bitcoin Is In. Now It Begins.
Our Bitcoin Treasury Starts With Just One
Today we have deposited our first Bitcoin into the Sobtree treasury (you can check in real time here). One Bitcoin priced at 100,000 euros. Not as a speculative figure, but as a reference value from which the entire architecture begins. This is not a symbolic experiment. It is a declaration of intent and a foundational operating brick.
That Bitcoin is already beyond the reach of third parties. It does not live on an exchange. It is not vulnerable to sanctions, confiscation, or human error. It is stored in a cold wallet under a distributed security system that includes different jurisdictions, chosen for their legal stability and respect for property rights. The private keys are fragmented and stored with geographic and operational logic. This is not paranoia, it is protocol.
Soon we will talk about the multisig structures we are using and compare some of the architectures we have already tested. Not because multisig is a panacea, but because it enables distributed control without relying on external actors. And above all, because it prepares us for something many still don't understand: holding Bitcoin is not enough, you need to design systems to use it without losing it.
This first Bitcoin is protected, but it is not idle. It is the seed of a system that must generate cash flow, finance future operations, and allow us to acquire productive assets without touching the principal. Some might think that storing it in cold storage is a passive act. For us it is the opposite. It is the step that activates everything that comes next.
In the coming months, this Bitcoin will allow us to:
Access collateralized credit lines without selling, using regulated platforms that allow us to leverage capital without losing sovereignty
Acquire mining rigs in regions with abundant renewable energy and predictable regulation
Design an operating flow model where costs are paid in fiat and profits are preserved in BTC, without diluting the principal
We are betting on those assets that, like Bitcoin, have consistently outperformed the growth of the monetary base (M2). Any investment yielding below that threshold is, at its core, a form of progressive impoverishment. And as proof, this chart:
If Bitcoin is well protected and not sold, then it becomes an operational base. And if that operational base is used to acquire assets that generate steady income in fiat, we’ve broken the equation of the dilemma: we no longer have to choose between selling BTC to live or holding it and doing nothing.
The key is to design an architecture that allows you to live off the system’s cash flow without touching the capital.That is the philosophy we are already applying with this first Bitcoin.
We will not yet share the names of the lending platforms, the exact jurisdictions, or the rig providers. That part is still in validation. But we will share it, step by step, from direct experience. Because this is not a theoretical model. It is what we are building in real time.
And if the entry price was 100,000, it doesn’t matter. What matters is that this capital is no longer stagnant, exposed, or speculating. It is planted to operate, produce, and protect. And this is just the first brick.