stacks growth SIP passes with 97% vote and highest voter turnout out ever. what does this mean? let’s break it down: (1) stacks now has approx $400M in new capital (at current prices) for doubling down on growth in the coming years. (2) stacks did the first-ever SEC qualified offering which meant there was no large treasury for the project and very decentralized ecosystem (10+ entities). there is now a new treasury and a new labs entity for operational efficiency (while maintaining eco decentralization). (3) in the last two years dozens of bitcoin L2 projects got funded which validated that bitcoin L2 market will likely be $100B+ in coming years. despite all the recent competition, stacks emerged as the clear leader (on-chain traction, market staying power, accelerated growth of devs etc). now with this effective growth round, stacks can double down on success and lead the growth of the entire BTC L2 sector. (4) with bitcoin dominance as high as it is and clear product-market fit for BTC as the asset of choice for public companies and institutions, stacks mission to make bitcoin programmable and take BTC to a billion people on the fast stacks rails is more important than ever. (5) the updated roadmap of stacks with dual staking (using both BTC and STX), self-custodial upgrade for sBTC, value accrual mechanisms for STX at protocol level and others, together called the upcoming satoshi upgrades, lays out the plan for what stacks will look like by end-2025 and in 2026. cheers to the relentless stacks devs, stacks diamond-hand holders, the mission-driven community and thoughtful leaders for pulling this off. we were early to an idea that is now spreading, we stood the test of time and we’re here to stay. onwards and upwards 🚀 the bitcoins must flow 🟧