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Why use an ETP for bitcoin exposure? Getting exposure to bitcoin once meant navigating wallets, exchanges, and private keys. Spot Bitcoin ETPs, like IBIT, have changed that. Hear from Samara Cohen, Global Head of Market Development, on how Spot Bitcoin ETPs can provide bitcoin exposure through existing brokerage accounts,...

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BlackRock

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10,723 görüntüleme • 4 ay önce •via X (Twitter)

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Bitcoin 2025 Guide: Wallets, Nodes & Merchants with BTC Sessions & K3tan | SLP626 BTC Sessions 😎 and k3tan join me to talk through the latest beginner friendly tools for using Bitcoin in 2025 🔎📝. Timestamps: (00:00) - Intro (04:25) - Software Bitcoin Wallets (22:52) - Hardware Bitcoin Wallets (41:05) - Why do you need to run your own Bitcoin Node? (53:14) - How can merchants use Bitcoin? (58:51) - Practical approaches of living on a Bitcoin Standard
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Bitcoin 2025 Guide: Wallets, Nodes & Merchants with BTC Sessions & K3tan | SLP626 BTC Sessions 😎 and k3tan join me to talk through the latest beginner friendly tools for using Bitcoin in 2025 🔎📝. Timestamps: (00:00) - Intro (04:25) - Software Bitcoin Wallets (22:52) - Hardware Bitcoin Wallets (41:05) - Why do you need to run your own Bitcoin Node? (53:14) - How can merchants use Bitcoin? (58:51) - Practical approaches of living on a Bitcoin Standard

Stephan Livera

49,582 görüntüleme • 1 yıl önce

Why the S&P 500 Will Be Forced To Buy Bitcoin In this Swan Bitcoin presentation, Adam Livingston explains why passive index mechanics will force the S&P 500 to ingest Bitcoin exposure the moment Strategy qualifies for inclusion. This is not about taste or ideology, it is about rules, float, weights, and the blind math of passive flows. When the index updates the list, trillions in benchmark trackers and benchmark huggers follow, which pipes Bitcoin exposure into every 401k and pension that hugs the S&P. You will learn: - The exact checklist for S&P 500 inclusion and how Strategy now clears it - How passive funds like SPY and VOO are compelled to buy new entrants, not asked - Why a small initial weight can still trigger billions in forced purchases - How spot Bitcoin ETFs amplify the same flows with daily rebalancing - The reflexive loop that forms when Bitcoin rises, Strategy’s weight rises, and passive capital buys again - Real world proofs from prior inclusions that show how fast the index effect hits - Why miners, exchanges, and Bitcoin treasury companies create a second order wave of exposure - Why this is inevitability, not opinion Who this is for: - Finance pros who want the plumbing, not the memes - Bitcoiners who need a clean, shareable explanation for skeptics - CIOs, advisors, and analysts who live and die by benchmark risk Why it matters: - The passive system cannot ignore Bitcoin once the rules are triggered - Index mechanics will distribute Bitcoin exposure across global portfolios by default
2:20

Why the S&P 500 Will Be Forced To Buy Bitcoin In this Swan Bitcoin presentation, Adam Livingston explains why passive index mechanics will force the S&P 500 to ingest Bitcoin exposure the moment Strategy qualifies for inclusion. This is not about taste or ideology, it is about rules, float, weights, and the blind math of passive flows. When the index updates the list, trillions in benchmark trackers and benchmark huggers follow, which pipes Bitcoin exposure into every 401k and pension that hugs the S&P. You will learn: - The exact checklist for S&P 500 inclusion and how Strategy now clears it - How passive funds like SPY and VOO are compelled to buy new entrants, not asked - Why a small initial weight can still trigger billions in forced purchases - How spot Bitcoin ETFs amplify the same flows with daily rebalancing - The reflexive loop that forms when Bitcoin rises, Strategy’s weight rises, and passive capital buys again - Real world proofs from prior inclusions that show how fast the index effect hits - Why miners, exchanges, and Bitcoin treasury companies create a second order wave of exposure - Why this is inevitability, not opinion Who this is for: - Finance pros who want the plumbing, not the memes - Bitcoiners who need a clean, shareable explanation for skeptics - CIOs, advisors, and analysts who live and die by benchmark risk Why it matters: - The passive system cannot ignore Bitcoin once the rules are triggered - Index mechanics will distribute Bitcoin exposure across global portfolios by default

Swan

26,400 görüntüleme • 1 yıl önce

"Michael Saylor has invented our fantasy" - Yves Choueifaty on The State of Bitcoin Markets. He covers: - The “dream” trade: borrow from big banks against Bitcoin, pay interest, never repay principal - How Saylor has built this model at scale via MicroStrategy - Why buying MSTR effectively plugs investors into that structure - How leverage can compound Bitcoin exposure like a “rocket on a rocket”
3:41

"Michael Saylor has invented our fantasy" - Yves Choueifaty on The State of Bitcoin Markets. He covers: - The “dream” trade: borrow from big banks against Bitcoin, pay interest, never repay principal - How Saylor has built this model at scale via MicroStrategy - Why buying MSTR effectively plugs investors into that structure - How leverage can compound Bitcoin exposure like a “rocket on a rocket”

Roxom

133,414 görüntüleme • 5 ay önce

"Did we really need another ETP? It's hard for us to continue to launch products if we just don't start with that OG product to get that Bitcoin exposure" Amy Oldenburg, Head of Digital Assets Strategy at Morgan Stanley, on the $400 million their Bitcoin ETP pulled in during a down market "We also launched that Bitcoin ETP, and it's been amazing to see just the asset gathering we've seen since April 9th when we launched that. So that's done 400 million" "We did want to make sure we're using our capabilities to offer a product that's well-priced for the marketplace"
0:40

"Did we really need another ETP? It's hard for us to continue to launch products if we just don't start with that OG product to get that Bitcoin exposure" Amy Oldenburg, Head of Digital Assets Strategy at Morgan Stanley, on the $400 million their Bitcoin ETP pulled in during a down market "We also launched that Bitcoin ETP, and it's been amazing to see just the asset gathering we've seen since April 9th when we launched that. So that's done 400 million" "We did want to make sure we're using our capabilities to offer a product that's well-priced for the marketplace"

The Wolf Of All Streets

31,497 görüntüleme • 1 ay önce

📺 The Bitcoin For Corporations Show Episode 8 now live — hosted by Pierre Rochard Phong Le, CEO of Strategy, shares how MSTR became the world’s first Bitcoin-native public company—and why it’s more than just a software stock. From capital markets to balance sheet strategy, Phong lays out the new rules of valuation in the #Bitcoin era. 00:00 – Intro: How to Value a Bitcoin Treasury Company 01:28 – Phong Le on Strategy’s Bitcoin Thesis 04:45 – Why MSTR Isn’t Just a Tech Stock Anymore 08:12 – The Role of FASB Accounting in Bitcoin Adoption 11:39 – Capital Markets: Equity, Debt & Bitcoin 15:20 – Convertible Bonds & Leveraged Bitcoin Exposure 19:05 – What Investors Miss When Valuing MSTR 23:34 – How Institutions View Bitcoin 27:48 – Risks, Volatility, and Shareholder Expectations 32:15 – Bitcoin’s Role in Long-Term Corporate Strategy 36:20 – Advice for Other Bitcoin Treasury Companies 39:12 – Building a Bitcoin-Backed Capital Market 43:10 – Addressing Bitcoin Volatility 46:00 – Why STRF Is Gaining Market Traction 48:30 – Final Thoughts from Phong Le
1:05:02

📺 The Bitcoin For Corporations Show Episode 8 now live — hosted by Pierre Rochard Phong Le, CEO of Strategy, shares how MSTR became the world’s first Bitcoin-native public company—and why it’s more than just a software stock. From capital markets to balance sheet strategy, Phong lays out the new rules of valuation in the #Bitcoin era. 00:00 – Intro: How to Value a Bitcoin Treasury Company 01:28 – Phong Le on Strategy’s Bitcoin Thesis 04:45 – Why MSTR Isn’t Just a Tech Stock Anymore 08:12 – The Role of FASB Accounting in Bitcoin Adoption 11:39 – Capital Markets: Equity, Debt & Bitcoin 15:20 – Convertible Bonds & Leveraged Bitcoin Exposure 19:05 – What Investors Miss When Valuing MSTR 23:34 – How Institutions View Bitcoin 27:48 – Risks, Volatility, and Shareholder Expectations 32:15 – Bitcoin’s Role in Long-Term Corporate Strategy 36:20 – Advice for Other Bitcoin Treasury Companies 39:12 – Building a Bitcoin-Backed Capital Market 43:10 – Addressing Bitcoin Volatility 46:00 – Why STRF Is Gaining Market Traction 48:30 – Final Thoughts from Phong Le

Bitcoin For Corporations

237,146 görüntüleme • 1 yıl önce

If the Bitcoin “four-year cycle” is broken, It’s broken FOREVER. The consequences of being wrong about the “four-year cycle” are simply too large. We’re talking about generational wealth reordering consequences. The 1% will be fine, the 99% will not be. Keep that in mind as the 1% slams FUD narratives down your throat. Consider the implications: $225,000 Bitcoin price, the market cap of Bitcoin would surpass all of the top pubco’s on the planet. Gold parity would be the final market cap boss to defeat. $MSTR would have $150B balance sheet, and capacity to issue another $40B - $60B in preferred equity. 2nd largest corporate treasury in the world. Pubcos holding Bitcoin around the world will climb the fiat pubco leaderboards, gathering power across the globe. Market cap weighted index funds exposure to Bitcoin will increase, multiples can and will expand. Inefficiencies will be captured and capitalized on. # of pubcos holding Bitcoin will balloon Bitcoin ETF exposure and demand will balloon. Bitcoin is a freight train approaching escape velocity. The architecture of the market has forever changed. Do not underestimate this.
0:29

If the Bitcoin “four-year cycle” is broken, It’s broken FOREVER. The consequences of being wrong about the “four-year cycle” are simply too large. We’re talking about generational wealth reordering consequences. The 1% will be fine, the 99% will not be. Keep that in mind as the 1% slams FUD narratives down your throat. Consider the implications: $225,000 Bitcoin price, the market cap of Bitcoin would surpass all of the top pubco’s on the planet. Gold parity would be the final market cap boss to defeat. $MSTR would have $150B balance sheet, and capacity to issue another $40B - $60B in preferred equity. 2nd largest corporate treasury in the world. Pubcos holding Bitcoin around the world will climb the fiat pubco leaderboards, gathering power across the globe. Market cap weighted index funds exposure to Bitcoin will increase, multiples can and will expand. Inefficiencies will be captured and capitalized on. # of pubcos holding Bitcoin will balloon Bitcoin ETF exposure and demand will balloon. Bitcoin is a freight train approaching escape velocity. The architecture of the market has forever changed. Do not underestimate this.

Jeff Walton

70,374 görüntüleme • 8 ay önce

Debunking the Flat Bitcoin Theory 🧵 In the early days of Bitcoin (2009-2014) there was a massive amount of experimentation and innovation on bitcoin The first NFTs and cryptoart started on Bitcoin The first memecoins started on Bitcoin The first stablecoins and real world assets started on Bitcoin The first dapps started on Bitcoin The first DEX started on Bitcoin The first on-chain governance started on Bitcoin The first crypto degens were playing Satoshi Dice on Bitcoin But then the OP_RETURN wars happened and people like Luke Dashjr vilified innovation and scared builders away resulting in a long period of stagnation (2015-2023) This period of stagnation gave birth to the Flat Bitcoin Theory which infected the minds of nearly everyone The Flat Bitcoin Theory is a belief held by "Flat Bitcoiners" who think that Bitcoin is a boring blockchain that is not capable of the innovative use cases that we see on alt L1s like Ethereum or Solana But thankfully in January 2023 Casey burst onto the scene with the ordinals protocol and one by one people have been waking up from this lie and realizing that Bitcoin is actually multidimensional and capable of everything you could possibly imagine and more Since then Bitcoin has experienced a renaissance of innovation with a new set of builders picking up where the set of OG builders left off Jeremy Lin | 🔄 DotSwap (On Nexus) from DOTSWAP•DOTSWAP - Official has defied all FUD and delivered a trustless liquidity pool style experience on Bitcoin L1 for Runes with zero MEV Stan from Sats Terminal has built an advanced order routing and aggregation engine for Runes trading on Bitcoin L1 Scott | Bound from radFi has revived the Runes trenches with a token launchpad on Bitcoin L1 that thousands of people use every day Robin from Liquidium | Bitcoin Loans built a Runes and Ordinals lending protocol that has processed hundreds of millions of dollars of volume which proves that DeFi can thrive on Bitcoin L1 domo and Binari from BRC 2.0 and Tagga from Alkanes have been relentlessly pursing a vision for general purpose smart contracts on Bitcoin L1 TO from Pizza Pets built a fully on-chain multiplayer game directly on Bitcoin L1 Ken Liao from built a Bitcoin wallet for interacting with Bitcoin L1 dapps that is so sleek that it puts Ethereum's flagship wallet MetaMask to shame danny huuep from OnChainMonkey® pioneered a new way to store an entire 10K PFP collection on Bitcoin for only $23 that is now widely adopted by hundreds of other Ordinals collections SergeSats has formed the Bitcoin Art Society to preserve Bitcoin's on-chain culture for future generation has dedicated months of his life to ensuring that once a year there is a place where bitcoin builders can gather to celebrate experimentation on bitcoin at Bitcoin Summit Massive decentralized communities like the $DOG Army and Bitcoin Puppets have rallied together to support all of these innovations and champion the Bitcoin ecosystem Do not ever let anyone tell you that Bitcoin is not capable of something or that you must only use Bitcoin in a certain way The Bitcoin network is more secure and robust longterm when it is winning at developer mindshare and blocks are filled with a diverse set of on-chain activity It is up to us, the Ordinals, Runes, and Bitcoin DeFi ecosystem to be stewards of this technology now so go build the most badass applications possible and never stop fighting for innovation on Bitcoin!
13:29

Debunking the Flat Bitcoin Theory 🧵 In the early days of Bitcoin (2009-2014) there was a massive amount of experimentation and innovation on bitcoin The first NFTs and cryptoart started on Bitcoin The first memecoins started on Bitcoin The first stablecoins and real world assets started on Bitcoin The first dapps started on Bitcoin The first DEX started on Bitcoin The first on-chain governance started on Bitcoin The first crypto degens were playing Satoshi Dice on Bitcoin But then the OP_RETURN wars happened and people like Luke Dashjr vilified innovation and scared builders away resulting in a long period of stagnation (2015-2023) This period of stagnation gave birth to the Flat Bitcoin Theory which infected the minds of nearly everyone The Flat Bitcoin Theory is a belief held by "Flat Bitcoiners" who think that Bitcoin is a boring blockchain that is not capable of the innovative use cases that we see on alt L1s like Ethereum or Solana But thankfully in January 2023 Casey burst onto the scene with the ordinals protocol and one by one people have been waking up from this lie and realizing that Bitcoin is actually multidimensional and capable of everything you could possibly imagine and more Since then Bitcoin has experienced a renaissance of innovation with a new set of builders picking up where the set of OG builders left off Jeremy Lin | 🔄 DotSwap (On Nexus) from DOTSWAP•DOTSWAP - Official has defied all FUD and delivered a trustless liquidity pool style experience on Bitcoin L1 for Runes with zero MEV Stan from Sats Terminal has built an advanced order routing and aggregation engine for Runes trading on Bitcoin L1 Scott | Bound from radFi has revived the Runes trenches with a token launchpad on Bitcoin L1 that thousands of people use every day Robin from Liquidium | Bitcoin Loans built a Runes and Ordinals lending protocol that has processed hundreds of millions of dollars of volume which proves that DeFi can thrive on Bitcoin L1 domo and Binari from BRC 2.0 and Tagga from Alkanes have been relentlessly pursing a vision for general purpose smart contracts on Bitcoin L1 TO from Pizza Pets built a fully on-chain multiplayer game directly on Bitcoin L1 Ken Liao from built a Bitcoin wallet for interacting with Bitcoin L1 dapps that is so sleek that it puts Ethereum's flagship wallet MetaMask to shame danny huuep from OnChainMonkey® pioneered a new way to store an entire 10K PFP collection on Bitcoin for only $23 that is now widely adopted by hundreds of other Ordinals collections SergeSats has formed the Bitcoin Art Society to preserve Bitcoin's on-chain culture for future generation has dedicated months of his life to ensuring that once a year there is a place where bitcoin builders can gather to celebrate experimentation on bitcoin at Bitcoin Summit Massive decentralized communities like the $DOG Army and Bitcoin Puppets have rallied together to support all of these innovations and champion the Bitcoin ecosystem Do not ever let anyone tell you that Bitcoin is not capable of something or that you must only use Bitcoin in a certain way The Bitcoin network is more secure and robust longterm when it is winning at developer mindshare and blocks are filled with a diverse set of on-chain activity It is up to us, the Ordinals, Runes, and Bitcoin DeFi ecosystem to be stewards of this technology now so go build the most badass applications possible and never stop fighting for innovation on Bitcoin!

Leonidas 🧡 $DOG

63,009 görüntüleme • 11 ay önce

MSTR DILUTION FUD - DEBUNKED! The idea that dilution of MSTR common stock is inherently bad for the shareholder is HOGWASH. WE LIKE INCREASED BITCOIN EXPOSURE. WE LIKE BITCOIN. THAT'S WHY WE BUY THE STOCK. Why is it that 99% of the comments that whine about dilution ignore the fact that Saylor INCREASES your Bitcoin exposure? SHORT-TERM TRADERS AND LEVERAGE WHINERS BE DAMNED - WE ARE GIGA BULLISH ON MSTR. This is a thorough video on my current thoughts on the trade, I explain the arguments of the skeptics and go over why I ABSOLUTELY DISAGREE. Enjoy!
21:38

MSTR DILUTION FUD - DEBUNKED! The idea that dilution of MSTR common stock is inherently bad for the shareholder is HOGWASH. WE LIKE INCREASED BITCOIN EXPOSURE. WE LIKE BITCOIN. THAT'S WHY WE BUY THE STOCK. Why is it that 99% of the comments that whine about dilution ignore the fact that Saylor INCREASES your Bitcoin exposure? SHORT-TERM TRADERS AND LEVERAGE WHINERS BE DAMNED - WE ARE GIGA BULLISH ON MSTR. This is a thorough video on my current thoughts on the trade, I explain the arguments of the skeptics and go over why I ABSOLUTELY DISAGREE. Enjoy!

Adam Livingston

22,806 görüntüleme • 9 ay önce

WATCH: The Great Bitcoin Entrenchment: 2025 Year in Review | Bitcoin Policy Hour Ep. 23 🇺🇸 Nobody puts Bitcoin in a corner. 2025 was the year of knee bending and consensus that Bitcoin is here to stay in Washington D.C. and beyond. The Bitcoin Policy Institute team delivers their 2025 BTC policy year in review and a look ahead to what's next. Feat. Zack Shapiro @Bayman1177 & Zack Cohen Stephen Pollock Chapters: 00:00 – Bitcoin’s Biggest Win of 2025 01:46 – The Strategic Bitcoin Reserve Changed Everything 02:46 – Nobody Puts Bitcoin in a Corner 06:11 – Why Bitcoin Is Treated Separately From Crypto 18:01 – Fiat Debasement and Monetary Competition 28:09 – What Went Wrong for Bitcoin in 2025 31:21 – Market Structure and Developer Rights in 2026 58:53 – What Bitcoin Policy Needs Next
1:06:14

WATCH: The Great Bitcoin Entrenchment: 2025 Year in Review | Bitcoin Policy Hour Ep. 23 🇺🇸 Nobody puts Bitcoin in a corner. 2025 was the year of knee bending and consensus that Bitcoin is here to stay in Washington D.C. and beyond. The Bitcoin Policy Institute team delivers their 2025 BTC policy year in review and a look ahead to what's next. Feat. Zack Shapiro @Bayman1177 & Zack Cohen Stephen Pollock Chapters: 00:00 – Bitcoin’s Biggest Win of 2025 01:46 – The Strategic Bitcoin Reserve Changed Everything 02:46 – Nobody Puts Bitcoin in a Corner 06:11 – Why Bitcoin Is Treated Separately From Crypto 18:01 – Fiat Debasement and Monetary Competition 28:09 – What Went Wrong for Bitcoin in 2025 31:21 – Market Structure and Developer Rights in 2026 58:53 – What Bitcoin Policy Needs Next

Bitcoin Magazine

20,875 görüntüleme • 8 ay önce

Bitcoin 2026 in Las Vegas is WEEKS away! We break down what's new (hint: AI!), what's changed, and why this year's conference is unlike any before. From a brand-new Deal Day to the 5th Annual Women of Bitcoin celebrating Senator Cynthia Lummis, this is your inside look at the biggest Bitcoin event of the year. 🎟️ Get discounted tickets → Use code: HODL at TIMESTAMPS: 00:00 Gearing Up For Bitcoin Conference 2026 2:23 What to Expect at Bitcoin 2026 6:25 AI, Emerging Tech & Bitcoin 6:51 Bitcoin 2026 Speakers 8:16 Bitcoin in a Bear Market 9:18 How the Bitcoin Conference Can Change Your Career 12:12 Women of Bitcoin: 5th Anniversary Updates 13:17 Honoring Senator Cynthia Lummis 15:27 Bitcoin for Corporations Symposium & Deal Day 16:45 Will President Trump be at Bitcoin 2026? 17:45 Governor Newsom and Bitcoin 18:14 Is the Bitcoin Conference Worth the Cost? 19:33 Bitcoin Conference Socializing 24:06 Retail Adoption & Bitcoin Treasury Companies
27:31

Bitcoin 2026 in Las Vegas is WEEKS away! We break down what's new (hint: AI!), what's changed, and why this year's conference is unlike any before. From a brand-new Deal Day to the 5th Annual Women of Bitcoin celebrating Senator Cynthia Lummis, this is your inside look at the biggest Bitcoin event of the year. 🎟️ Get discounted tickets → Use code: HODL at TIMESTAMPS: 00:00 Gearing Up For Bitcoin Conference 2026 2:23 What to Expect at Bitcoin 2026 6:25 AI, Emerging Tech & Bitcoin 6:51 Bitcoin 2026 Speakers 8:16 Bitcoin in a Bear Market 9:18 How the Bitcoin Conference Can Change Your Career 12:12 Women of Bitcoin: 5th Anniversary Updates 13:17 Honoring Senator Cynthia Lummis 15:27 Bitcoin for Corporations Symposium & Deal Day 16:45 Will President Trump be at Bitcoin 2026? 17:45 Governor Newsom and Bitcoin 18:14 Is the Bitcoin Conference Worth the Cost? 19:33 Bitcoin Conference Socializing 24:06 Retail Adoption & Bitcoin Treasury Companies

Natalie Brunell ⚡️

44,510 görüntüleme • 5 ay önce

Bitcoin Core Developer: What truly made Bitcoin successful wasn't the white paper Summary: On July 28, 2026, Bitcoin core developer Jeff Garzik Jeff Garzik stated on the Bitcoin Treasuries podcast that Bitcoin's initial ascent did not stem from its white paper, but rather benefited from the widespread exposure brought by a Slashdot post in July 2010. Without practical implementation, Bitcoin might have simply become just another ecash or Hashcash-style white paper. What truly made the decisive difference was the operating and testable source code released into the real world. People first confirmed that Bitcoin worked through actual use, and only then did they read the white paper and consider it a work of genius.
2:07

Bitcoin Core Developer: What truly made Bitcoin successful wasn't the white paper Summary: On July 28, 2026, Bitcoin core developer Jeff Garzik Jeff Garzik stated on the Bitcoin Treasuries podcast that Bitcoin's initial ascent did not stem from its white paper, but rather benefited from the widespread exposure brought by a Slashdot post in July 2010. Without practical implementation, Bitcoin might have simply become just another ecash or Hashcash-style white paper. What truly made the decisive difference was the operating and testable source code released into the real world. People first confirmed that Bitcoin worked through actual use, and only then did they read the white paper and consider it a work of genius.

Wu Blockchain

20,760 görüntüleme • 15 gün önce

Arthur Hayes says MicroStrategy is irrelevant now, just buy $IBIT or another bitcoin:native ETF "MicroStrategy was relevant for a hot second, whenever it was freaked out that Bitcoin might go to like 20,000 or whatever. But if we're in this period of money printing and soft yield curve control, MicroStrategy is irrelevant. What he does doesn't matter" "At the end of the day, if I'm an investor getting back into Bitcoin and I have to invest through a stock market, just buy IBIT or one of these other Bitcoin ETFs. Don't buy MicroStrategy, it makes absolutely no sense" "If you want to gamble, cool, that's a thing. But the institutional bid for crypto exposure through a stock market will not go through MicroStrategy" "And if that stock does not trade at a premium to mNAV, the whole thing breaks down. Then what's the point?"
0:47

Arthur Hayes says MicroStrategy is irrelevant now, just buy $IBIT or another bitcoin:native ETF "MicroStrategy was relevant for a hot second, whenever it was freaked out that Bitcoin might go to like 20,000 or whatever. But if we're in this period of money printing and soft yield curve control, MicroStrategy is irrelevant. What he does doesn't matter" "At the end of the day, if I'm an investor getting back into Bitcoin and I have to invest through a stock market, just buy IBIT or one of these other Bitcoin ETFs. Don't buy MicroStrategy, it makes absolutely no sense" "If you want to gamble, cool, that's a thing. But the institutional bid for crypto exposure through a stock market will not go through MicroStrategy" "And if that stock does not trade at a premium to mNAV, the whole thing breaks down. Then what's the point?"

Laura Shin

26,359 görüntüleme • 6 gün önce

Strive (ASST) is set up to absolutely moon. The catapult has been loaded. ASST holders might have this question: What happens to common equity if Bitcoin rises and the balance sheet either stays static or keeps accumulating through SATA issuance? Using CEBE math, I modeled two scenarios with Bitcoin going from roughly $68.5k to $126k. Scenario 1: Static balance sheet No new Bitcoin. No new SATA. No additional capital formation. Just the existing balance sheet riding Bitcoin higher. In that scenario, ASST goes from roughly $15.86 to $37.24. That is still a very strong outcome, because the company’s existing Bitcoin exposure appreciates and CEBE per share rises as fixed senior claims shrink in BTC terms. At $126k Bitcoin, CEBE reaches roughly 17,488 sats per share. $37.24 stock price with the multiple staying flat and zero new Bitcoin purchased :) Scenario 2: $200 million of SATA issued every month Same Bitcoin path. Same starting point. But Strive adds $200 million of SATA every month and uses it to acquire more Bitcoin. In this scenario, the stock goes from roughly $15.86 to $54.21. CEBE rises to roughly 25,456 sats per share. The Bitcoin stack grows from about 19,000 BTC to roughly 45,900 BTC. This is where the mechanism gets violent. The static balance sheet benefits from Bitcoin appreciation. The SATA issuance scenario benefits from Bitcoin appreciation plus monthly balance sheet expansion. That means the common equity is not simply waiting for Bitcoin to go up. It is watching the company potentially compound its Bitcoin exposure while the denominator gets partially protected by the capital structure. At the end of the model: Static case: $37.24 stock price SATA monthly case: $54.21 stock price Difference: +$16.97 per share Relative uplift: about 45.6% If SATA issuance is done at attractive terms and deployed into Bitcoin, the common wins big after Bitcoin moons. That is the whole game. This is amplified Bitcoin. And if the market starts pricing that correctly, the stock does not merely track Bitcoin. It can re-rate around the speed and quality of true Bitcoin-per-share growth:
0:23

Strive (ASST) is set up to absolutely moon. The catapult has been loaded. ASST holders might have this question: What happens to common equity if Bitcoin rises and the balance sheet either stays static or keeps accumulating through SATA issuance? Using CEBE math, I modeled two scenarios with Bitcoin going from roughly $68.5k to $126k. Scenario 1: Static balance sheet No new Bitcoin. No new SATA. No additional capital formation. Just the existing balance sheet riding Bitcoin higher. In that scenario, ASST goes from roughly $15.86 to $37.24. That is still a very strong outcome, because the company’s existing Bitcoin exposure appreciates and CEBE per share rises as fixed senior claims shrink in BTC terms. At $126k Bitcoin, CEBE reaches roughly 17,488 sats per share. $37.24 stock price with the multiple staying flat and zero new Bitcoin purchased :) Scenario 2: $200 million of SATA issued every month Same Bitcoin path. Same starting point. But Strive adds $200 million of SATA every month and uses it to acquire more Bitcoin. In this scenario, the stock goes from roughly $15.86 to $54.21. CEBE rises to roughly 25,456 sats per share. The Bitcoin stack grows from about 19,000 BTC to roughly 45,900 BTC. This is where the mechanism gets violent. The static balance sheet benefits from Bitcoin appreciation. The SATA issuance scenario benefits from Bitcoin appreciation plus monthly balance sheet expansion. That means the common equity is not simply waiting for Bitcoin to go up. It is watching the company potentially compound its Bitcoin exposure while the denominator gets partially protected by the capital structure. At the end of the model: Static case: $37.24 stock price SATA monthly case: $54.21 stock price Difference: +$16.97 per share Relative uplift: about 45.6% If SATA issuance is done at attractive terms and deployed into Bitcoin, the common wins big after Bitcoin moons. That is the whole game. This is amplified Bitcoin. And if the market starts pricing that correctly, the stock does not merely track Bitcoin. It can re-rate around the speed and quality of true Bitcoin-per-share growth:

Adam Livingston

14,499 görüntüleme • 2 ay önce

WHY IBIT OPTIONS EXPANSION IS INCREDIBLY BULLISH FOR BITCOIN The financial system just quietly admitted something it never wanted to say out loud. Bitcoin is now infrastructure. Global. Permanent. Irreversible. Nasdaq just escalated Bitcoin into the same regulatory category as the largest, most systemically important assets on Earth. They increased IBIT’s options limit from 25,000 contracts to one million because institutional demand already blew through the ceiling. This is the moment Bitcoin entered the machinery of global finance. This is the moment hedgers, allocators, and liquidity desks became dependent on Bitcoin for risk management. This is the moment Bitcoin began receiving automatic, permanent, structural buy pressure. There is no reversing this. Bitcoin just became the buyer-of-last-resort magnet for the entire global capital stack. Strap in. This is the start of the takeover. Welcome to the future Treasury asset of the world:
20:59

WHY IBIT OPTIONS EXPANSION IS INCREDIBLY BULLISH FOR BITCOIN The financial system just quietly admitted something it never wanted to say out loud. Bitcoin is now infrastructure. Global. Permanent. Irreversible. Nasdaq just escalated Bitcoin into the same regulatory category as the largest, most systemically important assets on Earth. They increased IBIT’s options limit from 25,000 contracts to one million because institutional demand already blew through the ceiling. This is the moment Bitcoin entered the machinery of global finance. This is the moment hedgers, allocators, and liquidity desks became dependent on Bitcoin for risk management. This is the moment Bitcoin began receiving automatic, permanent, structural buy pressure. There is no reversing this. Bitcoin just became the buyer-of-last-resort magnet for the entire global capital stack. Strap in. This is the start of the takeover. Welcome to the future Treasury asset of the world:

Adam Livingston

19,071 görüntüleme • 8 ay önce

🎙The Future of Africa’s CBDC & Bitcoin Ep. 59 with Abubakar Nur Khalil on You’re The Voice | Podcast by Efrat Fenigson My guest today is Abubakar Nur Khalil, a Nigerian Bitcoin Core contributor, CEO of the Bitcoin venture fund Recursive Capital Recursive Capital, and one of only four board members of Btrust Btrust - a nonprofit supporting Bitcoin development in Africa. At just 25 years old, Abubakar is transforming the African Bitcoin ecosystem by training developers, advancing Bitcoin adoption, and supporting decentralized financial solutions. In this episode, we explore Nigeria’s CBDC rollout of the eNaira, why it failed, the cash shortages, and the growing Bitcoin adoption. Abubkar shares his journey from contributing to Bitcoin Core to leading Btrust's mission of decentralizing Bitcoin development in the Global South. He also shares about the challenges of scaling Bitcoin adoption in Africa, the revolutionary role of Bitcoin mining in electrifying rural communities, and the untapped potential of Bitcoin in empowering Africa’s youth and businesses. ► If you got value, please like, comment, share, follow and support my work. Thank you! (00:00) Coming Up… (00:57) Introduction to Abubakar (03:48) The Journey to Becoming a Board Member of Btrust (09:08) Btrust’s Vision & Support for African Bitcoin Developers (12:58) Being Young & Successful (15:48) The eNaira - Nigeria’s CBDC (21:58) Cash Shortages in Nigeria (25:58) eNaira’s Failure & Speeding up Bitcoin Adoption (32:41) The CNGN - Nigeria's Stablecoin Initiative (35:01) Africa's Economic Landscape and Bitcoin Mining (40:15) Corruption and Governance Challenges in Africa (42:32) How Common Struggles Unify Africa (44:32) Non-Smartphones Can Use The Lightning Network (46:53) Ethiopia's Energy and Bitcoin Mining Potential (48:20) Why Are Most Bitcoin Transactions in Africa B2B (50:25) Regulatory Developments for Bitcoin Exchanges in Nigeria (52:54) Promising Future Projects in Bitcoin (56:58) Message of Hope >>
58:30

🎙The Future of Africa’s CBDC & Bitcoin Ep. 59 with Abubakar Nur Khalil on You’re The Voice | Podcast by Efrat Fenigson My guest today is Abubakar Nur Khalil, a Nigerian Bitcoin Core contributor, CEO of the Bitcoin venture fund Recursive Capital Recursive Capital, and one of only four board members of Btrust Btrust - a nonprofit supporting Bitcoin development in Africa. At just 25 years old, Abubakar is transforming the African Bitcoin ecosystem by training developers, advancing Bitcoin adoption, and supporting decentralized financial solutions. In this episode, we explore Nigeria’s CBDC rollout of the eNaira, why it failed, the cash shortages, and the growing Bitcoin adoption. Abubkar shares his journey from contributing to Bitcoin Core to leading Btrust's mission of decentralizing Bitcoin development in the Global South. He also shares about the challenges of scaling Bitcoin adoption in Africa, the revolutionary role of Bitcoin mining in electrifying rural communities, and the untapped potential of Bitcoin in empowering Africa’s youth and businesses. ► If you got value, please like, comment, share, follow and support my work. Thank you! (00:00) Coming Up… (00:57) Introduction to Abubakar (03:48) The Journey to Becoming a Board Member of Btrust (09:08) Btrust’s Vision & Support for African Bitcoin Developers (12:58) Being Young & Successful (15:48) The eNaira - Nigeria’s CBDC (21:58) Cash Shortages in Nigeria (25:58) eNaira’s Failure & Speeding up Bitcoin Adoption (32:41) The CNGN - Nigeria's Stablecoin Initiative (35:01) Africa's Economic Landscape and Bitcoin Mining (40:15) Corruption and Governance Challenges in Africa (42:32) How Common Struggles Unify Africa (44:32) Non-Smartphones Can Use The Lightning Network (46:53) Ethiopia's Energy and Bitcoin Mining Potential (48:20) Why Are Most Bitcoin Transactions in Africa B2B (50:25) Regulatory Developments for Bitcoin Exchanges in Nigeria (52:54) Promising Future Projects in Bitcoin (56:58) Message of Hope >>

Efrat Fenigson

28,032 görüntüleme • 1 yıl önce

What does Wall Street actually see in Bitcoin? I sat down with someone leading the charge from the inside. Amy Oldenburg runs digital asset strategy at Morgan Stanley. We talk about how much Bitcoin should be in a portfolio, the success of $MSBT, why the price of bitcoin has been stuck and what could finally move it. Full conversation streaming now! TIMESTAMPS: 00:00 Tech Roots: From the 1999 Tech Bubble to Emerging Markets 8:26 Why Bitcoin Made Sense Early On 14:17 Morgan Stanley's Spot Bitcoin ETF 16:43 Why Aren't Institutions All-In On Bitcoin? 19:18 Record Demand for MSBT 21:21 Would Morgan Stanley Ever Issue Digital Credit? 23:42 The Advisor Gap: Why Isn’t Everyone Recommending Bitcoin? 28:37 What's Holding Bitcoin Back? 34:19 Corporate Balance Sheets 36:22 Bitcoin's Future 38:05 What Should More People Understand About Bitcoin? 39:15 Winner-Take-All Tech vs. Redundant Finance: The Industry's Future 45:32 Addressing Big Bank Skepticism
57:28

What does Wall Street actually see in Bitcoin? I sat down with someone leading the charge from the inside. Amy Oldenburg runs digital asset strategy at Morgan Stanley. We talk about how much Bitcoin should be in a portfolio, the success of $MSBT, why the price of bitcoin has been stuck and what could finally move it. Full conversation streaming now! TIMESTAMPS: 00:00 Tech Roots: From the 1999 Tech Bubble to Emerging Markets 8:26 Why Bitcoin Made Sense Early On 14:17 Morgan Stanley's Spot Bitcoin ETF 16:43 Why Aren't Institutions All-In On Bitcoin? 19:18 Record Demand for MSBT 21:21 Would Morgan Stanley Ever Issue Digital Credit? 23:42 The Advisor Gap: Why Isn’t Everyone Recommending Bitcoin? 28:37 What's Holding Bitcoin Back? 34:19 Corporate Balance Sheets 36:22 Bitcoin's Future 38:05 What Should More People Understand About Bitcoin? 39:15 Winner-Take-All Tech vs. Redundant Finance: The Industry's Future 45:32 Addressing Big Bank Skepticism

Natalie Brunell ⚡️

115,991 görüntüleme • 2 ay önce

Bitcoin Capitalism — my keynote from BTC Prague 2026. Digital Capital is the foundation for Digital Credit, Digital Money, Digital Yield, Digital Equity, and a universe of Bitcoin-backed products and services. Timestamps: 01:37 - The Four Bitcoin Ideologies and the case for Bitcoin Capitalism 03:29 - Bitcoin as Digital Capital: thousand-year capital with a half-life of infinity 06:12 - Bitcoin network snapshot and ~68% dominance 07:41 - What is money? The Austrian view, the conventional investor view, and “Bitcoin is money, everything else is credit” 09:21 - Digital Money and Digital Credit: bitcoin-backed products for fiat-facing investors 11:28 - Digital Credit: an ~$11–12B asset class that was zero 12 months ago 14:54 - Bitcoin’s opportunity: $1T of bitcoin vs. $1,000T of global capital 15:43 - The 10-dimensional model for reaching stranded capital 16:44 - 1) Asset types: commodities, equities, credit, derivatives, real estate, money, and tokens 18:07 - 2) Capital functions: store of value, appreciation, income, collateral, and payments 19:29 - 3) Custody: self-custody, banks, custodians, broker-dealers, prime brokers, and exchanges 20:34 - 4) Jurisdictions: 664,000 legal and regulatory environments for capital 22:03 - 5) Distribution networks: banks, exchanges, payment networks, and $156T controlled by wealth advisors 23:13 - 6) Account forms: retirement accounts, brokerage accounts, insurance policies, treasuries, and trusts 24:51 - 7) Risk: market, currency, duration, regulatory, credit, technical, security, theft, and counterparty risk 26:03 - 8) Liquidity: transforming $350T of illiquid capital with liquid digital assets 28:02 - 9) Investors: banks control ~$200T and need compliant bitcoin-backed products 30:09 - 10) Product characteristics: fixed rate, floating rate, leverage, callability, fees, and structure 30:45 - The 10x10 matrix for channeling global capital into Bitcoin 31:19 - How $10–20T of capital could expand Bitcoin into a $100T network, moving from $70K to $700K to $7M per bitcoin 32:10 - Bitcoin Capitalism as a Darwinian market: winners, challengers, failures, and 1,400 companies tracked by Strategy 34:53 - Existing bitcoin-backed products: Trezor, Unchained, Fidelity Investments, FOLD BITCOIN, Tando, Relai 🇨🇭, Cash App, Hodl Hodl, AnchorWatch, meanwhile | Bitcoin Life Insurance, $IBIT, $STRC, and $MSTR 40:03 - Digital Capital, Digital Credit, Digital Money, and Digital Yield competing with traditional capital markets 41:03 - Digital Money and Digital Yield: better stablecoins and higher-yield bitcoin-backed products 47:27 - 3 ways to participate: savers, investors, and innovators 49:19 - The aluminum airplane analogy: people buy the product, not the commodity underneath 52:29 - Build a ₿ridge to connect $BTC to the global capital markets 53:42 - 10,000 products, 10,000 needs, and 100,000 corporate efforts to change the world
54:36

Bitcoin Capitalism — my keynote from BTC Prague 2026. Digital Capital is the foundation for Digital Credit, Digital Money, Digital Yield, Digital Equity, and a universe of Bitcoin-backed products and services. Timestamps: 01:37 - The Four Bitcoin Ideologies and the case for Bitcoin Capitalism 03:29 - Bitcoin as Digital Capital: thousand-year capital with a half-life of infinity 06:12 - Bitcoin network snapshot and ~68% dominance 07:41 - What is money? The Austrian view, the conventional investor view, and “Bitcoin is money, everything else is credit” 09:21 - Digital Money and Digital Credit: bitcoin-backed products for fiat-facing investors 11:28 - Digital Credit: an ~$11–12B asset class that was zero 12 months ago 14:54 - Bitcoin’s opportunity: $1T of bitcoin vs. $1,000T of global capital 15:43 - The 10-dimensional model for reaching stranded capital 16:44 - 1) Asset types: commodities, equities, credit, derivatives, real estate, money, and tokens 18:07 - 2) Capital functions: store of value, appreciation, income, collateral, and payments 19:29 - 3) Custody: self-custody, banks, custodians, broker-dealers, prime brokers, and exchanges 20:34 - 4) Jurisdictions: 664,000 legal and regulatory environments for capital 22:03 - 5) Distribution networks: banks, exchanges, payment networks, and $156T controlled by wealth advisors 23:13 - 6) Account forms: retirement accounts, brokerage accounts, insurance policies, treasuries, and trusts 24:51 - 7) Risk: market, currency, duration, regulatory, credit, technical, security, theft, and counterparty risk 26:03 - 8) Liquidity: transforming $350T of illiquid capital with liquid digital assets 28:02 - 9) Investors: banks control ~$200T and need compliant bitcoin-backed products 30:09 - 10) Product characteristics: fixed rate, floating rate, leverage, callability, fees, and structure 30:45 - The 10x10 matrix for channeling global capital into Bitcoin 31:19 - How $10–20T of capital could expand Bitcoin into a $100T network, moving from $70K to $700K to $7M per bitcoin 32:10 - Bitcoin Capitalism as a Darwinian market: winners, challengers, failures, and 1,400 companies tracked by Strategy 34:53 - Existing bitcoin-backed products: Trezor, Unchained, Fidelity Investments, FOLD BITCOIN, Tando, Relai 🇨🇭, Cash App, Hodl Hodl, AnchorWatch, meanwhile | Bitcoin Life Insurance, $IBIT, $STRC, and $MSTR 40:03 - Digital Capital, Digital Credit, Digital Money, and Digital Yield competing with traditional capital markets 41:03 - Digital Money and Digital Yield: better stablecoins and higher-yield bitcoin-backed products 47:27 - 3 ways to participate: savers, investors, and innovators 49:19 - The aluminum airplane analogy: people buy the product, not the commodity underneath 52:29 - Build a ₿ridge to connect $BTC to the global capital markets 53:42 - 10,000 products, 10,000 needs, and 100,000 corporate efforts to change the world

Michael Saylor

264,854 görüntüleme • 2 ay önce

Michael Saylor may have just revealed the future of Bitcoin treasury companies… and Strive is already building it. In this conversation with Strive's Chief Strategy Officer Avik Roy, we break down: • Why Strategy’s latest earnings call changed the game • The rise of digital credit ($STRC, $SATA & beyond) • Why some Bitcoin treasury firms failed • Why selling Bitcoin can actually be bullish • The next phase of institutional $BTC adoption One of the most insightful discussions we’ve had on Bitcoin treasury strategy. 00:00 Avik Roy’s Bitcoin Origin Story 14:26 What Avik Actually Does at Strive 17:39 Why Strive Wants to Become a PURE Bitcoin Company 20:19 Will Bitcoin Treasury Companies Start Consolidating? 27:14 Europe vs US Bitcoin Treasury Markets 29:00 Michael Saylor’s BIGGEST Earnings Call Hint 30:25 Why STRC Is Dominating the Market 33:22 The Most Shocking Part of Strategy’s Earnings Call 37:32 “Bitcoin Is Fungible… But Not for Taxes” 41:19 The Credit Rating Catalyst That Could Change Everything 44:18 Why Some Smaller Bitcoin Treasury Companies Failed 48:19 Will SATA & STRC Keep Paying Huge Yields? 52:35 Which Bitcoin Treasury Company Is Next? 56:44 “Bitcoin Treasuries Are Like Private Equity in the 1980s” 01:01:18 Macro Outlook: Bitcoin, Inflation & The Fed 01:05:08 Final Thoughts & Where to Follow Avik Roy Full episode 👇
1:05:54

Michael Saylor may have just revealed the future of Bitcoin treasury companies… and Strive is already building it. In this conversation with Strive's Chief Strategy Officer Avik Roy, we break down: • Why Strategy’s latest earnings call changed the game • The rise of digital credit ($STRC, $SATA & beyond) • Why some Bitcoin treasury firms failed • Why selling Bitcoin can actually be bullish • The next phase of institutional $BTC adoption One of the most insightful discussions we’ve had on Bitcoin treasury strategy. 00:00 Avik Roy’s Bitcoin Origin Story 14:26 What Avik Actually Does at Strive 17:39 Why Strive Wants to Become a PURE Bitcoin Company 20:19 Will Bitcoin Treasury Companies Start Consolidating? 27:14 Europe vs US Bitcoin Treasury Markets 29:00 Michael Saylor’s BIGGEST Earnings Call Hint 30:25 Why STRC Is Dominating the Market 33:22 The Most Shocking Part of Strategy’s Earnings Call 37:32 “Bitcoin Is Fungible… But Not for Taxes” 41:19 The Credit Rating Catalyst That Could Change Everything 44:18 Why Some Smaller Bitcoin Treasury Companies Failed 48:19 Will SATA & STRC Keep Paying Huge Yields? 52:35 Which Bitcoin Treasury Company Is Next? 56:44 “Bitcoin Treasuries Are Like Private Equity in the 1980s” 01:01:18 Macro Outlook: Bitcoin, Inflation & The Fed 01:05:08 Final Thoughts & Where to Follow Avik Roy Full episode 👇

One Chair

26,877 görüntüleme • 3 ay önce