正在加载视频...

视频加载失败

加载此视频时出现问题。这可能是由于临时网络问题，或视频可能不可用。

Everyone is asking the same question right now: What happens next for $MSTR and $STRC? 🤔 We sat down with K A L E O to debate it in depth, laying out the bull case for Strategy and digital credit while hearing the bear case directly. This is an... opportunity to understand both sides of the story, assess the risks, and decide for yourself what may come next. 👇 ⏱️ Timestamps: 00:00 Introduction 04:22 K A L E O’s market outlook 07:10 The bear case for $MSTR and $STRC 11:54 The bull case: refinancing, liquidity & capital access 19:42 When does Strategy’s capital structure become a concern? 24:22 Credit risk, duration & preferred equity 36:28 Has Strategy shifted the goalposts? 43:45 What should Strategy do differently? 45:52 Why $MSTR needs leverage 50:46 Has the market rejected preferred-based leverage? 55:08 How Apyx handles $STRC discount risk 01:06:08 Is apxUSD really a stablecoin? 01:11:18 Redemptions, weekend liquidity & market structure 01:19:59 Market pressure, sentiment & potential short attacks 01:22:56 Closing bull case for Strategy 01:25:18 Closing thoughts from K A L E Oshow more

Apyx

9,852 subscribers

27,951 次观看 • 4 个月前 •via X (Twitter)

Anya Rossi• Live Now

Private livecam show

2 条评论

Accqpyzx FNDT.APP 的头像

Accqpyzx FNDT.APP4 个月前

@CryptoKaleo /2 The $APRX Snapshot Enrollment Window is Open. Further Information Regarding Allocation Criteria & Claiming Dates will be announced in next Fridays AMA at 8:00PM UTC.

Accqpyzx FNDT.APP 的头像

Accqpyzx FNDT.APP4 个月前

@CryptoKaleo /2 The $APRX Snapshot Enrollment Window is Open. Further Information Regarding Allocation Criteria & Claiming Dates will be announced in next Fridays AMA at 8:00PM UTC.

相关视频

Our Q3 2026 $MSTR Earnings Call covered record financial results, Digital Capital, Digital Equity, Digital Credit, tokenization, and our strategy for the next bull market. Andrew Kang | Q3 Financial Results 00:01:32 - Q3 highlights: 848,517 BTC, record earnings, and treasury growth 00:06:19 - Capital raising, USD Assets, and balance sheet strength 00:09:31 - Daily dividends approved: $STRC begins November 1 Phong Le | Digital Equity and Digital Credit 00:14:02 - $MSTR as Amplified Bitcoin: Q3 outperformance and Bitcoin Per Share 00:18:44 - Fortress balance sheet, mNAV, and positioning for the next bull market 00:24:45 - Digital Credit growth and $STRC's return to par 00:27:37 - Return of capital and tax-efficient Digital Credit 00:29:22 - Capital framework: USD Assets, Bitcoin monetization, and repurchases 00:33:09 - BTC Hurdle ARR, BTC Breakeven ARR, BTC Floor ARR, and Digital Credit risk modeling 00:41:22 - $STRC performance, institutional adoption, and daily dividends Michael Saylor | Bitcoin and Digital Capital 00:47:14 - Bitcoin's next bull market, dominance, and the 2028 halving 00:50:05 - Regulatory guidance, banking adoption, and Bitcoin supply dynamics 00:56:01 - Tokenized $MSTR and $STRC: 24/7 global capital markets 01:02:05 - AI disruption and the value of scarce Digital Capital 01:07:19 - Quantum computing, Bitcoin security, and long-term potential 01:15:45 - Bitcoin treasury companies and the expanding Digital Credit ecosystem 01:20:12 - Digital Capital, Digital Credit, Digital Equity, and Strategy's central bank vision Live Q&A 01:28:03 - Andrew Harte, BTIG: How does a stronger balance sheet change Strategy's next bull market playbook? 01:32:20 - Khing Oei (Khing Oei): Equity ATM issuance, mNAV, capital allocation, and scaling institutional demand for $STRC? 01:36:14 - Alex Thorn (Alex Thorn), Galaxy: Plans for $STRF, $STRD, $STRK, and $STRE? 01:40:41 - Pete Christiansen, Citi: Does Bitcoin financialization introduce leverage and counterparty risk? 01:48:25 - Scott Melker (The Wolf Of All Streets): Tokenized $MSTR and preferreds, U.S. access, and Strategy's plans for tokenization?

Our Q3 2026 $MSTR Earnings Call covered record financial results, Digital Capital, Digital Equity, Digital Credit, tokenization, and our strategy for the next bull market. Andrew Kang | Q3 Financial Results 00:01:32 - Q3 highlights: 848,517 BTC, record earnings, and treasury growth 00:06:19 - Capital raising, USD Assets, and balance sheet strength 00:09:31 - Daily dividends approved: $STRC begins November 1 Phong Le | Digital Equity and Digital Credit 00:14:02 - $MSTR as Amplified Bitcoin: Q3 outperformance and Bitcoin Per Share 00:18:44 - Fortress balance sheet, mNAV, and positioning for the next bull market 00:24:45 - Digital Credit growth and $STRC's return to par 00:27:37 - Return of capital and tax-efficient Digital Credit 00:29:22 - Capital framework: USD Assets, Bitcoin monetization, and repurchases 00:33:09 - BTC Hurdle ARR, BTC Breakeven ARR, BTC Floor ARR, and Digital Credit risk modeling 00:41:22 - $STRC performance, institutional adoption, and daily dividends Michael Saylor | Bitcoin and Digital Capital 00:47:14 - Bitcoin's next bull market, dominance, and the 2028 halving 00:50:05 - Regulatory guidance, banking adoption, and Bitcoin supply dynamics 00:56:01 - Tokenized $MSTR and $STRC: 24/7 global capital markets 01:02:05 - AI disruption and the value of scarce Digital Capital 01:07:19 - Quantum computing, Bitcoin security, and long-term potential 01:15:45 - Bitcoin treasury companies and the expanding Digital Credit ecosystem 01:20:12 - Digital Capital, Digital Credit, Digital Equity, and Strategy's central bank vision Live Q&A 01:28:03 - Andrew Harte, BTIG: How does a stronger balance sheet change Strategy's next bull market playbook? 01:32:20 - Khing Oei (Khing Oei): Equity ATM issuance, mNAV, capital allocation, and scaling institutional demand for $STRC? 01:36:14 - Alex Thorn (Alex Thorn), Galaxy: Plans for $STRF, $STRD, $STRK, and $STRE? 01:40:41 - Pete Christiansen, Citi: Does Bitcoin financialization introduce leverage and counterparty risk? 01:48:25 - Scott Melker (The Wolf Of All Streets): Tokenized $MSTR and preferreds, U.S. access, and Strategy's plans for tokenization?

Michael Saylor

264,821 次观看 • 12 天前

🎙️ New The Edge Podcast 🟠 Michael Saylor's BTC-Backed STRC Is Coming For A $300T Market 0:00 - Intro 2:46 - CJ’s background and role 7:23 - What Strategy does with Bitcoin 10:40 - Why offer perpetual preferred equity 14:58 - Which instrument is most senior? 16:44 - How AI helped design Strategy instruments 19:18 - What is STRC? 23:23 - Where does STRC yield come from? 26:14 - ATM program explained 29:21 - How STRC enables Strategy to buy BTC 36:49 - A $300T market + impact on BTC price 41:48 - MSTR vs STRC investors 44:36 - Who is buying STRC right now? 47:04 - DeFi teams tokenizing STRC 51:41 - What are the real risks for STRC? 55:00 - Would Strategy ever sell BTC? 57:50 - Why STRC is Strategy’s "iPhone moment" 1:01:55 - Closing 🙏 Thanks to Chaitanya Jain from Strategy for joining us!

🎙️ New The Edge Podcast 🟠 Michael Saylor's BTC-Backed STRC Is Coming For A $300T Market 0:00 - Intro 2:46 - CJ’s background and role 7:23 - What Strategy does with Bitcoin 10:40 - Why offer perpetual preferred equity 14:58 - Which instrument is most senior? 16:44 - How AI helped design Strategy instruments 19:18 - What is STRC? 23:23 - Where does STRC yield come from? 26:14 - ATM program explained 29:21 - How STRC enables Strategy to buy BTC 36:49 - A $300T market + impact on BTC price 41:48 - MSTR vs STRC investors 44:36 - Who is buying STRC right now? 47:04 - DeFi teams tokenizing STRC 51:41 - What are the real risks for STRC? 55:00 - Would Strategy ever sell BTC? 57:50 - Why STRC is Strategy’s "iPhone moment" 1:01:55 - Closing 🙏 Thanks to Chaitanya Jain from Strategy for joining us!

DeFi Dad ⟠ defidad.eth

179,210 次观看 • 7 个月前

Strategy $MSTR is one of the most misunderstood stocks in the market. And Robin Seyr believes it could eventually become the most valuable company in the world. In our latest conversation, we went deep into: → Why $MSTR could massively outperform Bitcoin in the next bull market → Strategy selling Bitcoin to support $STRC → The rapidly growing $4.65B USD reserve → Why $STRC could return to par → Strategy vs. Strive $ASST & Metaplanet $MPJPY $MTPLF → The hidden custody risks of Bitcoin treasury companies → The Coldcard incident & the future of self-custody → The risk of Bitcoin rehypothecation → And Robin's extraordinary long-term 200–300x $MSTR thesis Robin went from dismissing Strategy entirely to believing it may be the biggest investment opportunity he's ever seen. This was a fun one. 00:00 From Tesla to Bitcoin — Robin’s Investment Journey 07:31 Why Robin Is So Bullish on Strategy (MSTR) 14:36 Could 2026 Be Strategy’s Best Bitcoin Accumulation Year Ever? 21:24 Why $STRC Will Return to $100 25:30 Why Is $MSTR So Cheap Right Now? 34:01 Strategy’s $4.65B Cash Reserve — Is It Too Big? 39:50 Would Robin Buy Strategy Preferred Stock? 44:49 Strategy vs. Strive, Metaplanet & Other Bitcoin Treasuries 53:27 The Coldcard Incident Changed Bitcoin Self-Custody 59:09 The Biggest Risks When Investing in Strategy (MSTR) 01:04:33 Is Bitcoin Rehypothecation a Real Risk for Strategy? 01:12:08 The 200–300x Long-Term Strategy Thesis 01:14:40 Robin’s Most Important Advice for Bitcoin Investors 01:15:59 Where to Follow Robin Seyr Full episode 👇

Strategy $MSTR is one of the most misunderstood stocks in the market. And Robin Seyr believes it could eventually become the most valuable company in the world. In our latest conversation, we went deep into: → Why $MSTR could massively outperform Bitcoin in the next bull market → Strategy selling Bitcoin to support $STRC → The rapidly growing $4.65B USD reserve → Why $STRC could return to par → Strategy vs. Strive $ASST & Metaplanet $MPJPY $MTPLF → The hidden custody risks of Bitcoin treasury companies → The Coldcard incident & the future of self-custody → The risk of Bitcoin rehypothecation → And Robin's extraordinary long-term 200–300x $MSTR thesis Robin went from dismissing Strategy entirely to believing it may be the biggest investment opportunity he's ever seen. This was a fun one. 00:00 From Tesla to Bitcoin — Robin’s Investment Journey 07:31 Why Robin Is So Bullish on Strategy (MSTR) 14:36 Could 2026 Be Strategy’s Best Bitcoin Accumulation Year Ever? 21:24 Why $STRC Will Return to $100 25:30 Why Is $MSTR So Cheap Right Now? 34:01 Strategy’s $4.65B Cash Reserve — Is It Too Big? 39:50 Would Robin Buy Strategy Preferred Stock? 44:49 Strategy vs. Strive, Metaplanet & Other Bitcoin Treasuries 53:27 The Coldcard Incident Changed Bitcoin Self-Custody 59:09 The Biggest Risks When Investing in Strategy (MSTR) 01:04:33 Is Bitcoin Rehypothecation a Real Risk for Strategy? 01:12:08 The 200–300x Long-Term Strategy Thesis 01:14:40 Robin’s Most Important Advice for Bitcoin Investors 01:15:59 Where to Follow Robin Seyr Full episode 👇

One Chair

33,719 次观看 • 2 个月前

How does Strategy navigate a challenging Bitcoin market, return $STRC to par, and continue compounding Bitcoin per share? In our Q2 earnings call, we laid out the strategy, reviewed our financial position and capital-management framework, and answered questions from equity analysts and industry experts. Prepared Remarks 00:00:00 - Welcome 00:01:20 - 843,775 BTC, 203,683 sats per share, $17B raised year to date, and Strategy’s position as the largest institutional holder of Bitcoin 00:03:27 - Q2 balance sheet: $49.7B of digital assets, $3.75B current USD reserve, lower debt, higher preferred equity, and strong stress-case coverage 00:08:57 - Bitcoin KPIs: 4.5% BTC Yield, 29,997 BTC Gain, and ~3.6x growth in Bitcoin per share since 2020 00:12:47 - Q2 execution: higher Bitcoin holdings, lower debt, larger USD reserves, stronger Bitcoin per share, and active capital management 00:15:03 - Strategy as a net buyer of Bitcoin and net issuer of Digital Credit: 48x more BTC bought than sold and 300x more Digital Credit issued than repurchased 00:18:47 - Returning $STRC to $99–$100 through USD reserves, Bitcoin monetization, repurchases, dividend management, and disciplined issuance 00:24:50 - Bitcoin liquidity: why Strategy’s bitcoin purchases and sales are not material to overall Bitcoin trading volume 00:33:03 - Bitcoin as Digital Capital: website metrics, the 200-week moving average, current headwinds, Bitcoin Dominance, banking adoption, and security coordination 00:44:08 - $STRC as flagship Digital Credit: liquidity, lower volatility, market depth, yield, investor base, path to par, and updated credit metrics 01:05:04 - Equity framework: hurdle rate, breakeven rate, floor rate, market skepticism, $MSTR outperformance, franchise advantages, and Strategy’s long-term ambition Q&A 01:19:31 - Why Bitcoin-backed borrowing is not currently the preferred path to build USD reserves 01:23:11 - Why Strategy is consolidating around $STRC instead of creating more instruments or selling volatility 01:40:37 - Equitizing, repaying, or refinancing convertible debt 01:43:18 - Covered calls, cash-secured puts, Digital Credit, Bitcoin as money, and marketing products to the 99% outside Bitcoin 01:59:22 - USD reserve minimums and the path to $STRC trading at par 02:00:55 - Amplification, USD/BTC reserve mix, and countercyclical capital management 02:12:04 - Why Strategy does not intend to issue $STRC below par 02:20:34 - Lessons from 2022 and 2026, tokenized securities, Digital Money, and the June 26 $STRC dislocation 02:34:54 - Closing remarks

How does Strategy navigate a challenging Bitcoin market, return $STRC to par, and continue compounding Bitcoin per share? In our Q2 earnings call, we laid out the strategy, reviewed our financial position and capital-management framework, and answered questions from equity analysts and industry experts. Prepared Remarks 00:00:00 - Welcome 00:01:20 - 843,775 BTC, 203,683 sats per share, $17B raised year to date, and Strategy’s position as the largest institutional holder of Bitcoin 00:03:27 - Q2 balance sheet: $49.7B of digital assets, $3.75B current USD reserve, lower debt, higher preferred equity, and strong stress-case coverage 00:08:57 - Bitcoin KPIs: 4.5% BTC Yield, 29,997 BTC Gain, and ~3.6x growth in Bitcoin per share since 2020 00:12:47 - Q2 execution: higher Bitcoin holdings, lower debt, larger USD reserves, stronger Bitcoin per share, and active capital management 00:15:03 - Strategy as a net buyer of Bitcoin and net issuer of Digital Credit: 48x more BTC bought than sold and 300x more Digital Credit issued than repurchased 00:18:47 - Returning $STRC to $99–$100 through USD reserves, Bitcoin monetization, repurchases, dividend management, and disciplined issuance 00:24:50 - Bitcoin liquidity: why Strategy’s bitcoin purchases and sales are not material to overall Bitcoin trading volume 00:33:03 - Bitcoin as Digital Capital: website metrics, the 200-week moving average, current headwinds, Bitcoin Dominance, banking adoption, and security coordination 00:44:08 - $STRC as flagship Digital Credit: liquidity, lower volatility, market depth, yield, investor base, path to par, and updated credit metrics 01:05:04 - Equity framework: hurdle rate, breakeven rate, floor rate, market skepticism, $MSTR outperformance, franchise advantages, and Strategy’s long-term ambition Q&A 01:19:31 - Why Bitcoin-backed borrowing is not currently the preferred path to build USD reserves 01:23:11 - Why Strategy is consolidating around $STRC instead of creating more instruments or selling volatility 01:40:37 - Equitizing, repaying, or refinancing convertible debt 01:43:18 - Covered calls, cash-secured puts, Digital Credit, Bitcoin as money, and marketing products to the 99% outside Bitcoin 01:59:22 - USD reserve minimums and the path to $STRC trading at par 02:00:55 - Amplification, USD/BTC reserve mix, and countercyclical capital management 02:12:04 - Why Strategy does not intend to issue $STRC below par 02:20:34 - Lessons from 2022 and 2026, tokenized securities, Digital Money, and the June 26 $STRC dislocation 02:34:54 - Closing remarks

Michael Saylor

329,395 次观看 • 3 个月前

Bitcoin is raw financial energy. Strategy transforms it into Digital Credit. At noon today, I joined Tim Stenovec and Carol Massar on Bloomberg Bloomberg Crypto to discuss Bitcoin’s bull market setup, AI and scarcity, and the future of Digital Credit. 00:48 - Bitcoin bull market setup: headwinds rotating into tailwinds 01:55 - AI, scarce capital, and assets robots cannot create 03:05 - Digital Capital, Digital Credit, and Strategy’s outperformance 04:16 - Bitcoin as raw financial energy 06:32 - Strategy as a structured finance company: Bitcoin, dollars, equity, and credit 08:49 - Bull market strategy: acquiring Bitcoin and issuing Digital Credit 10:20 - Investor time horizons: money markets, $STRC, $BTC, and $MSTR 12:26 - Strategy’s advantage: high-performance Digital Credit built on high-performance capital

Bitcoin is raw financial energy. Strategy transforms it into Digital Credit. At noon today, I joined Tim Stenovec and Carol Massar on Bloomberg Bloomberg Crypto to discuss Bitcoin’s bull market setup, AI and scarcity, and the future of Digital Credit. 00:48 - Bitcoin bull market setup: headwinds rotating into tailwinds 01:55 - AI, scarce capital, and assets robots cannot create 03:05 - Digital Capital, Digital Credit, and Strategy’s outperformance 04:16 - Bitcoin as raw financial energy 06:32 - Strategy as a structured finance company: Bitcoin, dollars, equity, and credit 08:49 - Bull market strategy: acquiring Bitcoin and issuing Digital Credit 10:20 - Investor time horizons: money markets, $STRC, $BTC, and $MSTR 12:26 - Strategy’s advantage: high-performance Digital Credit built on high-performance capital

Michael Saylor

281,407 次观看 • 28 天前

I joined Katie Greifeld and Romaine Bostick on Bloomberg today to discuss Strategy’s evolution into a Digital Capital platform, our $3B cash reserve, $STRC, balance sheet resilience, and our long-term commitment to Bitcoin. 01:17 - Strategy’s evolution from Bitcoin Treasury Company to full Digital Capital platform 01:25 - Over 840,000 BTC, $10.5B of $STRC, and Strategy’s responsibilities 01:45 - Why Strategy built a $3B cash reserve after listening to preferred shareholders 02:30 - The path for $STRC: build USD reserves, return $STRC to par, issue more $STRC, and buy $BTC 04:22 - $MSTR’s goal: outperform Bitcoin over time while managing volatility through bull and bear markets 05:41 - Balance sheet resilience and why debt risk is low 06:50 - Strategy’s long-term Bitcoin commitment: “We’re not going anywhere” 07:04 - Bitcoin is bigger than Strategy: 4% ownership, $30–40B of daily volume, and bitcoin sales that did not move the market 08:46 - Software, AI, Bitcoin, and the maturity of a 25-year public company operating inside digital finance

I joined Katie Greifeld and Romaine Bostick on Bloomberg today to discuss Strategy’s evolution into a Digital Capital platform, our $3B cash reserve, $STRC, balance sheet resilience, and our long-term commitment to Bitcoin. 01:17 - Strategy’s evolution from Bitcoin Treasury Company to full Digital Capital platform 01:25 - Over 840,000 BTC, $10.5B of $STRC, and Strategy’s responsibilities 01:45 - Why Strategy built a $3B cash reserve after listening to preferred shareholders 02:30 - The path for $STRC: build USD reserves, return $STRC to par, issue more $STRC, and buy $BTC 04:22 - $MSTR’s goal: outperform Bitcoin over time while managing volatility through bull and bear markets 05:41 - Balance sheet resilience and why debt risk is low 06:50 - Strategy’s long-term Bitcoin commitment: “We’re not going anywhere” 07:04 - Bitcoin is bigger than Strategy: 4% ownership, $30–40B of daily volume, and bitcoin sales that did not move the market 08:46 - Software, AI, Bitcoin, and the maturity of a 25-year public company operating inside digital finance

Phong Le

490,638 次观看 • 3 个月前

What if everyone is measuring $MSTR wrong? In this conversation with Adrian Morris, founding member of True North (True North), we challenge some of the biggest assumptions in the Bitcoin Treasury space: • Why mNAV is really a sentiment metric • Why Bitcoin per share isn't a valuation metric • Why Strategy shouldn't defend its mNAV • The real story behind Strategy selling 32 $BTC • Why $STRC and $SATA may evolve very differently than investors expect • Why AI is attracting some of Bitcoin's capital One of the most thought-provoking $MSTR conversations we've had. If Adrian is right, investors may be looking at $MSTR completely wrong. $MSTR $ASST $MPJPY 00:00 Adrian Morris' Bitcoin Journey & Why He Bought MSTR 05:02 The Real Meaning of mNAV (Market Sentiment) 10:10 Why Bitcoin Treasury mNAVs Eventually Collapse 11:22 Should Bitcoin Treasury Companies Defend Their mNAV? 15:56 The Fatal Flaw in mNAV Buybacks 17:57 Why Strategy Should NOT Sell Bitcoin to Buy Back Shares 20:15 Why Did Strategy Sell 32 Bitcoin? 23:55 MSTR Myths, Margin Calls & X Misinformation 25:38 Why Bitcoin Per Share May Be Misleading Investors 31:09 The Endgame for Bitcoin Treasury Companies 34:42 The Future: REITs, Options & Bitcoin Financial Products 36:46 STRC, SATA & Bitcoin Preferred Shares Explained 41:22 Does STRC Guidance Even Matter? 43:12 Why SATA Outperformed STRC 45:42 Daily Dividends: Innovation or Hype? 48:30 Will STRC & SATA Eventually Cut Dividends? 54:54 Is AI Stealing Capital From Bitcoin? 01:00:51 Can Bitcoin Become AI's Security Layer? 01:03:56 Adrian's Message to Bitcoin Investors Watch the full episode 👇

What if everyone is measuring $MSTR wrong? In this conversation with Adrian Morris, founding member of True North (True North), we challenge some of the biggest assumptions in the Bitcoin Treasury space: • Why mNAV is really a sentiment metric • Why Bitcoin per share isn't a valuation metric • Why Strategy shouldn't defend its mNAV • The real story behind Strategy selling 32 $BTC • Why $STRC and $SATA may evolve very differently than investors expect • Why AI is attracting some of Bitcoin's capital One of the most thought-provoking $MSTR conversations we've had. If Adrian is right, investors may be looking at $MSTR completely wrong. $MSTR $ASST $MPJPY 00:00 Adrian Morris' Bitcoin Journey & Why He Bought MSTR 05:02 The Real Meaning of mNAV (Market Sentiment) 10:10 Why Bitcoin Treasury mNAVs Eventually Collapse 11:22 Should Bitcoin Treasury Companies Defend Their mNAV? 15:56 The Fatal Flaw in mNAV Buybacks 17:57 Why Strategy Should NOT Sell Bitcoin to Buy Back Shares 20:15 Why Did Strategy Sell 32 Bitcoin? 23:55 MSTR Myths, Margin Calls & X Misinformation 25:38 Why Bitcoin Per Share May Be Misleading Investors 31:09 The Endgame for Bitcoin Treasury Companies 34:42 The Future: REITs, Options & Bitcoin Financial Products 36:46 STRC, SATA & Bitcoin Preferred Shares Explained 41:22 Does STRC Guidance Even Matter? 43:12 Why SATA Outperformed STRC 45:42 Daily Dividends: Innovation or Hype? 48:30 Will STRC & SATA Eventually Cut Dividends? 54:54 Is AI Stealing Capital From Bitcoin? 01:00:51 Can Bitcoin Become AI's Security Layer? 01:03:56 Adrian's Message to Bitcoin Investors Watch the full episode 👇

One Chair

45,460 次观看 • 5 个月前

We sat down with Strategy CEO Phong Le to unpack something that few fully understand quite yet: digital credit. 👀 This isn’t just theory, it’s the mechanism behind $STRC and how Strategy is able to continuously accumulate BTC. 📈 Watch this and expect the entire flywheel to click. Timestamps: 00:00 - What is digital credit? 00:25 - Phong Le’s Bitcoin journey 03:01 - Why people misunderstand preferreds 03:56 - TradFi vs digital credit 06:09 - Strategy’s role 08:03 - Where yield comes from 09:28 - Why preferred equity 11:11 - Why yields are high 11:58 - Supply/demand dynamics 15:37 - Retail access 16:55 - Future of preferreds 22:23 - Tokenization + 24/7 markets 24:44 - STRC vs owning BTC

We sat down with Strategy CEO Phong Le to unpack something that few fully understand quite yet: digital credit. 👀 This isn’t just theory, it’s the mechanism behind $STRC and how Strategy is able to continuously accumulate BTC. 📈 Watch this and expect the entire flywheel to click. Timestamps: 00:00 - What is digital credit? 00:25 - Phong Le’s Bitcoin journey 03:01 - Why people misunderstand preferreds 03:56 - TradFi vs digital credit 06:09 - Strategy’s role 08:03 - Where yield comes from 09:28 - Why preferred equity 11:11 - Why yields are high 11:58 - Supply/demand dynamics 15:37 - Retail access 16:55 - Future of preferreds 22:23 - Tokenization + 24/7 markets 24:44 - STRC vs owning BTC

Apyx

123,609 次观看 • 6 个月前

Don’t miss my new interview with Strategy CEO Phong Le. We discuss STRC’s recovery, the outlook for MSTR shareholders, how Strategy is navigating volatility, and its ambition to be the JPMorgan of digital capital. Watch our full conversation. TIMESTAMPS: 00:00 Trailer 1:03 AI Needs a Satoshi Nakamoto 8:40 STRC’s Recovery: Buybacks or Higher Dividends? 11:36 What Caused STRC’s Selloff? 14:36 Strategy’s Plan to Restore Stability 20:05 How Strategy’s Cash Reserves Work 22:46 New Financial Products Built on STRC 27:02 Can Bitcoin and Wall Street Coexist? 34:35 MSTR Shareholders and Executive Compensation 40:41 Strategy’s Plans for STRC and Digital Credit 46:21 Why Strategy Wants to Be the JPMorgan of Digital Capital

Don’t miss my new interview with Strategy CEO Phong Le. We discuss STRC’s recovery, the outlook for MSTR shareholders, how Strategy is navigating volatility, and its ambition to be the JPMorgan of digital capital. Watch our full conversation. TIMESTAMPS: 00:00 Trailer 1:03 AI Needs a Satoshi Nakamoto 8:40 STRC’s Recovery: Buybacks or Higher Dividends? 11:36 What Caused STRC’s Selloff? 14:36 Strategy’s Plan to Restore Stability 20:05 How Strategy’s Cash Reserves Work 22:46 New Financial Products Built on STRC 27:02 Can Bitcoin and Wall Street Coexist? 34:35 MSTR Shareholders and Executive Compensation 40:41 Strategy’s Plans for STRC and Digital Credit 46:21 Why Strategy Wants to Be the JPMorgan of Digital Capital

Natalie Brunell ⚡️

219,353 次观看 • 1 个月前

My podcast conversation with Chase Palmieri. We discuss all the tough questions posed by $MSTR and $STRC shareholders, including competition, returns, innovation, and Strategy's vision. 00:00 Introduction to Strategy and CJ's Role 01:07 Proposal for Daily Dividends and Market Innovation 04:59 Upcoming Shareholder Vote and Future Plans for Daily Dividends 06:05 Balancing Bitcoin Per Share and Total Return Objectives 09:28 Strategy's Approach to Dividend Rates and Market Demand 11:58 Managing USD Reserves and Market Shocks 15:10 Leverage, Liquidations, and Market Risks 18:46 Market Recovery and the Role of Buybacks 21:47 SATA vs. STRC and Market Dynamics 23:47 Investor Perspectives on Digital Credit Instruments 25:39 Strategy's Ecosystem and Future Growth 30:43 BTC Ratings, Coverage Ratios, and Market Perception 34:05 Collaborative vs. Competitive Digital Credit Ecosystem 38:30 Strategy's Innovation and Future Product Development 43:33 Communication Strategies and Shareholder Engagement 46:22 Potential for a Strategy Podcast and Transparency 48:14 Institutional and Retail Communication Efforts 50:13 Risks of Media and Market Discourse 52:17 Preparing for Bull and Bear Markets 54:18 USD Reserves and Yield on Cash Holdings 55:27 Long-Term Growth and Cash Flow Needs 58:08 Strategy as the JPMorgan of Bitcoin 59:27 Future of Bitcoin as Collateral and Lending 1:00:23 Leadership and Succession Planning 1:04:04 CJ's Vision for Strategy and Market Leadership 1:05:54 Where to Follow Strategy and CJ on Social Media

My podcast conversation with Chase Palmieri. We discuss all the tough questions posed by $MSTR and $STRC shareholders, including competition, returns, innovation, and Strategy's vision. 00:00 Introduction to Strategy and CJ's Role 01:07 Proposal for Daily Dividends and Market Innovation 04:59 Upcoming Shareholder Vote and Future Plans for Daily Dividends 06:05 Balancing Bitcoin Per Share and Total Return Objectives 09:28 Strategy's Approach to Dividend Rates and Market Demand 11:58 Managing USD Reserves and Market Shocks 15:10 Leverage, Liquidations, and Market Risks 18:46 Market Recovery and the Role of Buybacks 21:47 SATA vs. STRC and Market Dynamics 23:47 Investor Perspectives on Digital Credit Instruments 25:39 Strategy's Ecosystem and Future Growth 30:43 BTC Ratings, Coverage Ratios, and Market Perception 34:05 Collaborative vs. Competitive Digital Credit Ecosystem 38:30 Strategy's Innovation and Future Product Development 43:33 Communication Strategies and Shareholder Engagement 46:22 Potential for a Strategy Podcast and Transparency 48:14 Institutional and Retail Communication Efforts 50:13 Risks of Media and Market Discourse 52:17 Preparing for Bull and Bear Markets 54:18 USD Reserves and Yield on Cash Holdings 55:27 Long-Term Growth and Cash Flow Needs 58:08 Strategy as the JPMorgan of Bitcoin 59:27 Future of Bitcoin as Collateral and Lending 1:00:23 Leadership and Succession Planning 1:04:04 CJ's Vision for Strategy and Market Leadership 1:05:54 Where to Follow Strategy and CJ on Social Media

Chaitanya Jain

108,998 次观看 • 29 天前

"#Bitcoin is our hurdle rate." In this talk featuring Phong Le, Matt Cole, Tyler Evans, and Natalie Brunell ⚡️, the panel describes how Strategy and Strive are creating a product that has the makings of a $3 trillion dollar market category. Chapters: 00:22 - Why Bitcoin Needs Credit 00:47 - Origins of STRC Product 01:28 - Democratizing Access to Yield 02:28 - Corporate Balance Sheet Strategy 04:40 - Packaging Bitcoin for Institutions 06:32 - Retail Interest in Credit 09:24 - Stress Testing Digital Credit 12:12 - Understanding Underlying Collateral 16:20 - The Five-Year Outlook 18:43 - Scaling the Credit Ecosystem 20:16 - Closing Thoughts and Predictions

"#Bitcoin is our hurdle rate." In this talk featuring Phong Le, Matt Cole, Tyler Evans, and Natalie Brunell ⚡️, the panel describes how Strategy and Strive are creating a product that has the makings of a $3 trillion dollar market category. Chapters: 00:22 - Why Bitcoin Needs Credit 00:47 - Origins of STRC Product 01:28 - Democratizing Access to Yield 02:28 - Corporate Balance Sheet Strategy 04:40 - Packaging Bitcoin for Institutions 06:32 - Retail Interest in Credit 09:24 - Stress Testing Digital Credit 12:12 - Understanding Underlying Collateral 16:20 - The Five-Year Outlook 18:43 - Scaling the Credit Ecosystem 20:16 - Closing Thoughts and Predictions

Bitcoin For Corporations

97,241 次观看 • 6 个月前

"Fix the credit, fix the equity." Michael Saylor and Phong Le sat down with me for Strategy's live investor Q&A. No question off limits. 00:00 Trailer and welcome 2:44 Is Bitcoin money? 10:41 Bringing traditional finance capital into Bitcoin 14:19 A shareholder asks about the drawdown 17:35 Fix the credit, fix the equity 22:25 Will Strategy buy back MSTR? 24:24 Dilution concerns 26:32 The J.P. Morgan of Digital Assets 29:15 The MSCI index decision 32:47 Building a strong USD reserve 34:40 Playing the long game on credit 40:33 Will Strategy buy cash-flowing businesses? 42:49 Lessons from STRC drawdown 45:23 STRC was 80% retail, but now... 46:45 Monthly, quarterly, or daily dividends? 47:58 Will Strategy buy back STRK? 48:56 Could STRC trade above $100? 56:46 The long-term Bitcoin case in a bear market 58:09 AI, vulnerabilities, and institutional custody 59:49 Why dividends are paid in dollars, not Bitcoin 1:02:05 Strategy using AI for marketing videos 1:03:17 What Michael & Phong do to unwind

"Fix the credit, fix the equity." Michael Saylor and Phong Le sat down with me for Strategy's live investor Q&A. No question off limits. 00:00 Trailer and welcome 2:44 Is Bitcoin money? 10:41 Bringing traditional finance capital into Bitcoin 14:19 A shareholder asks about the drawdown 17:35 Fix the credit, fix the equity 22:25 Will Strategy buy back MSTR? 24:24 Dilution concerns 26:32 The J.P. Morgan of Digital Assets 29:15 The MSCI index decision 32:47 Building a strong USD reserve 34:40 Playing the long game on credit 40:33 Will Strategy buy cash-flowing businesses? 42:49 Lessons from STRC drawdown 45:23 STRC was 80% retail, but now... 46:45 Monthly, quarterly, or daily dividends? 47:58 Will Strategy buy back STRK? 48:56 Could STRC trade above $100? 56:46 The long-term Bitcoin case in a bear market 58:09 AI, vulnerabilities, and institutional custody 59:49 Why dividends are paid in dollars, not Bitcoin 1:02:05 Strategy using AI for marketing videos 1:03:17 What Michael & Phong do to unwind

Natalie Brunell ⚡️

171,775 次观看 • 2 个月前

Michael Saylor & Phong Le just addressed the biggest questions investors are asking: - Will Strategy sell Bitcoin soon? - Why move to semi-monthly dividends with $STRC (is daily next?) - What’s the endgame with $MSTR & Digital Credit Full raw Q&A with Michael Saylor & Phong Le — unfiltered. Share your thoughts on their responses below. Timestamps: 00:00 Introduction 03:22 Will Strategy Sell Bitcoin? 06:05 STRC ROC Tax Question 07:06 Saylor on Strive & $SATA 13:02 Future of STRC Dividends 16:41 Will Strategy Slow Buying Btc? 19:00 The $100 Peg 21:57 STRC, DeFi & Fragility 27:17 Why Is Bitcoin Stuck? 30:00 Monthly $STRK, $STRD, $STRF Dividends 31:38 Retiring Preferred Stock 35:06 Fixed 10% Yield 35:52 Scaling STRC 39:44 Winning Over Skeptics 42:58 Understanding MNAV Calculations 45:03 “Rip the Wings Off Shorts” 52:11 Ultimate STRC Product 59:52 Strategy at $10M Bitcoin 1:00:55 BTC Yield Metric 1:01:45 Custody & Proof of Reserves 1:03:58 Strategy as Investor Gateway 1:06:06 Teaching the Next Generation 1:08:12 Bitcoin’s Place in History

Michael Saylor & Phong Le just addressed the biggest questions investors are asking: - Will Strategy sell Bitcoin soon? - Why move to semi-monthly dividends with $STRC (is daily next?) - What’s the endgame with $MSTR & Digital Credit Full raw Q&A with Michael Saylor & Phong Le — unfiltered. Share your thoughts on their responses below. Timestamps: 00:00 Introduction 03:22 Will Strategy Sell Bitcoin? 06:05 STRC ROC Tax Question 07:06 Saylor on Strive & $SATA 13:02 Future of STRC Dividends 16:41 Will Strategy Slow Buying Btc? 19:00 The $100 Peg 21:57 STRC, DeFi & Fragility 27:17 Why Is Bitcoin Stuck? 30:00 Monthly $STRK, $STRD, $STRF Dividends 31:38 Retiring Preferred Stock 35:06 Fixed 10% Yield 35:52 Scaling STRC 39:44 Winning Over Skeptics 42:58 Understanding MNAV Calculations 45:03 “Rip the Wings Off Shorts” 52:11 Ultimate STRC Product 59:52 Strategy at $10M Bitcoin 1:00:55 BTC Yield Metric 1:01:45 Custody & Proof of Reserves 1:03:58 Strategy as Investor Gateway 1:06:06 Teaching the Next Generation 1:08:12 Bitcoin’s Place in History

Natalie Brunell ⚡️

255,416 次观看 • 5 个月前

Our ambition is to be the world's largest company by market cap by owning the most capital $BTC, issuing the strongest credit $STRC, and creating the best equity $MSTR.

Our ambition is to be the world's largest company by market cap by owning the most capital $BTC, issuing the strongest credit $STRC, and creating the best equity $MSTR.

Strategy

482,718 次观看 • 3 个月前

True North Ep. 84: Bitcoin Is The Moat Featuring Dan Hillery and Mason. Timestamps: 00:00 True North Loading... 03:54 Daily Dividends Come To Strategy $MSTR 11:36 Strive's New $SATS Offering 22:48 Digital Credit As High Powered Money 27:51 AI Disruption And The $BTC Moat 36:26 Digital Credit's Growth Roadmap 45:05 Cash Reserve And $STRC Buybacks 53:14 Managing Amplification 01:01:15 Final Thoughts

True North Ep. 84: Bitcoin Is The Moat Featuring Dan Hillery and Mason. Timestamps: 00:00 True North Loading... 03:54 Daily Dividends Come To Strategy $MSTR 11:36 Strive's New $SATS Offering 22:48 Digital Credit As High Powered Money 27:51 AI Disruption And The $BTC Moat 36:26 Digital Credit's Growth Roadmap 45:05 Cash Reserve And $STRC Buybacks 53:14 Managing Amplification 01:01:15 Final Thoughts

True North

58,521 次观看 • 13 天前

My podcast conversation with Saturn Foundation (kevin😴, Ellis Osborn). We cover many challenging and nuanced questions on $STRC including buybacks, dividend rate, target price range, and onchain structuring. Reminder: Strategy's Q3 2026 earnings call is this Thursday, October 29 at 5 PM ET. Timestamps: 00:45 CJ's Journey from Blackstone to Strategy 02:30 Strategy's Business Model: More Than Leveraged Bitcoin 08:02 Who Owns STRC? Retail vs. Institutional Investors 11:59 Institutional Demand for STRF, STRD, and STRK 14:02 Has the Selling Pressure from June Finally Ended? 17:15 Why Is STRC's Dividend Rate 12%? 30:55 Are STRC Buybacks a Sign of Weak Demand? 33:20 Strategy's Plans for Its Other Preferred Stocks 39:16 Did Strategy Grow STRC Too Quickly? How Big Can It Get? 45:49 Why Doesn't STRC Have the Same Investor Protections as SATA? 49:32 Why Not Let STRC Trade Above $100? 54:16 Can Strategy Maintain Bitcoin Amplification at Scale? 57:01 STRC vs. MSTR: Are Shareholder Interests in Conflict? 1:00:03 Do STRC Buybacks Undermine the Benefits of Perpetual Financing? 1:03:09 Maximizing Bitcoin per Share: When Should Strategy Issue Equity? 1:08:25 Behind the Scenes: How Strategy Makes Capital Allocation Decisions 1:14:02 Bringing Digital Credit Onchain with Saturn 1:17:35 Who Will Buy STRC During a Bitcoin Bull Market? 1:20:47 The Future of Onchain Credit: Global Access and Structured Products

My podcast conversation with Saturn Foundation (kevin😴, Ellis Osborn). We cover many challenging and nuanced questions on $STRC including buybacks, dividend rate, target price range, and onchain structuring. Reminder: Strategy's Q3 2026 earnings call is this Thursday, October 29 at 5 PM ET. Timestamps: 00:45 CJ's Journey from Blackstone to Strategy 02:30 Strategy's Business Model: More Than Leveraged Bitcoin 08:02 Who Owns STRC? Retail vs. Institutional Investors 11:59 Institutional Demand for STRF, STRD, and STRK 14:02 Has the Selling Pressure from June Finally Ended? 17:15 Why Is STRC's Dividend Rate 12%? 30:55 Are STRC Buybacks a Sign of Weak Demand? 33:20 Strategy's Plans for Its Other Preferred Stocks 39:16 Did Strategy Grow STRC Too Quickly? How Big Can It Get? 45:49 Why Doesn't STRC Have the Same Investor Protections as SATA? 49:32 Why Not Let STRC Trade Above $100? 54:16 Can Strategy Maintain Bitcoin Amplification at Scale? 57:01 STRC vs. MSTR: Are Shareholder Interests in Conflict? 1:00:03 Do STRC Buybacks Undermine the Benefits of Perpetual Financing? 1:03:09 Maximizing Bitcoin per Share: When Should Strategy Issue Equity? 1:08:25 Behind the Scenes: How Strategy Makes Capital Allocation Decisions 1:14:02 Bringing Digital Credit Onchain with Saturn 1:17:35 Who Will Buy STRC During a Bitcoin Bull Market? 1:20:47 The Future of Onchain Credit: Global Access and Structured Products

Chaitanya Jain

55,537 次观看 • 14 天前

Buck Buck is the world's first Savings Coin. In my presentation at Bitcoin For Corporations at Strategy World 2026... I explain how $STRC is powering Buck to solve the 0% yield problem for the 300B+ Stablecoin market. Yet another use case for Digital Credit Michael Saylor. TIMESTAMPS: 0:00 — Intro 0:29 — Bitcoin's 10x Securitization Speed 2:01 — The 4 layers of Bitcoin capital markets 2:52 — STRC, the most important security in Bitcoin 4:08 — Hal Finney & Michael Saylor : the "Digital Money" thesis 4:49 — Buck: A Savings Coin backed by STRC 6:51 — Buck's treasury (STRC + USDC buffer) 7:46 — $1 of Buck = $1 of Bitcoin

Buck Buck is the world's first Savings Coin. In my presentation at Bitcoin For Corporations at Strategy World 2026... I explain how $STRC is powering Buck to solve the 0% yield problem for the 300B+ Stablecoin market. Yet another use case for Digital Credit Michael Saylor. TIMESTAMPS: 0:00 — Intro 0:29 — Bitcoin's 10x Securitization Speed 2:01 — The 4 layers of Bitcoin capital markets 2:52 — STRC, the most important security in Bitcoin 4:08 — Hal Finney & Michael Saylor : the "Digital Money" thesis 4:49 — Buck: A Savings Coin backed by STRC 6:51 — Buck's treasury (STRC + USDC buffer) 7:46 — $1 of Buck = $1 of Bitcoin

Dan Hillery

32,843 次观看 • 8 个月前

I joined Laura K. Inamedinova at the Xapo Bank Conference in London on July 1 for a fireside chat on Bitcoin as Digital Capital, the emergence of Digital Credit, and the path to Bitcoin-backed Digital Money. Fix the money, fix the world. $BTC 00:42 — Bitcoin below $60K and the mission: “Fix the money, fix the world” 01:27 — Bitcoin as the dominant Digital Capital network and the next great digital transformation 02:55 — Bitcoin Dominance approaching 69–70% and why “the flippening” debate is over 04:21 — The next layers: Digital Credit and Digital Money built on Bitcoin 06:56 — Strategy as an institutional gateway: attracting $64–65B into Bitcoin across equity, derivatives, credit, and money markets 12:28 — $STRC: bitcoin-backed preferred equity designed to create asset-backed Digital Credit 15:33 — The $STRC breakthrough: potential tax-deferred credit dividends backed by unrealized Bitcoin gains 18:18 — Digital Credit on Digital Capital: the killer app of a $50B bitcoin-backed balance sheet 19:48 — Digital Money: zero-volatility, fiat-pegged, yield-bearing bitcoin-backed assets 22:32 — Stress testing $STRC through deeper Bitcoin drawdowns 25:51 — $STRC vs. Bitcoin in the bear market: stripping ~90% of Bitcoin’s downside volatility 27:04 — Transparent Digital Credit: modeling risk from Bitcoin price and volatility every 15 seconds 30:34 — The builder roadmap: “If you want to make money, make the money” 32:27 — $STRC, $SATA, and the credit layer behind bitcoin-backed Digital Money 36:20 — Wrapping Digital Money as accounts, funds, public products, or tokens 41:27 — Creating Digital Credit on Digital Capital, then Digital Money on Digital Credit 43:00 — 2026 headwinds: geopolitics, the Fed, AI capital rotation, and digital asset regulation 44:54 — Potential catalysts: $STRC returning to par, Digital Credit reaccelerating, and capital flowing back to Digital Capital 46:01 — Why current market conditions may be a strong entry point for Digital Money builders

I joined Laura K. Inamedinova at the Xapo Bank Conference in London on July 1 for a fireside chat on Bitcoin as Digital Capital, the emergence of Digital Credit, and the path to Bitcoin-backed Digital Money. Fix the money, fix the world. $BTC 00:42 — Bitcoin below $60K and the mission: “Fix the money, fix the world” 01:27 — Bitcoin as the dominant Digital Capital network and the next great digital transformation 02:55 — Bitcoin Dominance approaching 69–70% and why “the flippening” debate is over 04:21 — The next layers: Digital Credit and Digital Money built on Bitcoin 06:56 — Strategy as an institutional gateway: attracting $64–65B into Bitcoin across equity, derivatives, credit, and money markets 12:28 — $STRC: bitcoin-backed preferred equity designed to create asset-backed Digital Credit 15:33 — The $STRC breakthrough: potential tax-deferred credit dividends backed by unrealized Bitcoin gains 18:18 — Digital Credit on Digital Capital: the killer app of a $50B bitcoin-backed balance sheet 19:48 — Digital Money: zero-volatility, fiat-pegged, yield-bearing bitcoin-backed assets 22:32 — Stress testing $STRC through deeper Bitcoin drawdowns 25:51 — $STRC vs. Bitcoin in the bear market: stripping ~90% of Bitcoin’s downside volatility 27:04 — Transparent Digital Credit: modeling risk from Bitcoin price and volatility every 15 seconds 30:34 — The builder roadmap: “If you want to make money, make the money” 32:27 — $STRC, $SATA, and the credit layer behind bitcoin-backed Digital Money 36:20 — Wrapping Digital Money as accounts, funds, public products, or tokens 41:27 — Creating Digital Credit on Digital Capital, then Digital Money on Digital Credit 43:00 — 2026 headwinds: geopolitics, the Fed, AI capital rotation, and digital asset regulation 44:54 — Potential catalysts: $STRC returning to par, Digital Credit reaccelerating, and capital flowing back to Digital Capital 46:01 — Why current market conditions may be a strong entry point for Digital Money builders

Michael Saylor

469,569 次观看 • 4 个月前

🔥THE ULTIMATE MSTR BULL CASE - THE GREATEST EXPLANATION EVER🔥 This is the #1 VIDEO EVER explaining the bull case for MSTR. This is 100% TOTAL VALIDATION of the DIGITAL CREDIT THESIS using MATH, LOGIC, and POWER. STRATEGY WILL BE THE MOST VALUABLE COMPANY IN THE WORLD:

🔥THE ULTIMATE MSTR BULL CASE - THE GREATEST EXPLANATION EVER🔥 This is the #1 VIDEO EVER explaining the bull case for MSTR. This is 100% TOTAL VALIDATION of the DIGITAL CREDIT THESIS using MATH, LOGIC, and POWER. STRATEGY WILL BE THE MOST VALUABLE COMPANY IN THE WORLD:

Adam Livingston

15,742 次观看 • 3 个月前