Friend of the show Dan Hillery returns to discuss Strategy's STRD announcement, his takeaways from the Bitcoin conference in Vegas, and the biggest risks Bitcoin Treasury companies are facing.

- this episode is sponsored by Onramp - $150 in Bitcoin to get your account started.

https://onrampbitcoin.com/

- This episode is sponsored by Stamp Seed. Use the code "Tim15" at check out for 15% off site wide

https://www.stampseed.com/

Disclaimer: NOT FINANCIAL ADVICE - For entertainment purposes only.

Tim Kotzman on X: https://x.com/TimKotzman

Dan Hllery on X: https://x.com/hillery_dan

0:00 - Intro

0:08 - What is STRD and how does it compare to Strategy’s other preferred offerings?

5:09 - How STRD dividends work

6:29 - Can STRD ATM help MSTR get above mNAV?

10:20 - Leverage ratios analyzation 

13:03 - What other companies offer something like STRD?

13:48 - What other products can Strategy offer?

16:00 - What do currency swaps mean?

19:58 - Dan’s takeaways from the Vegas Bitcoin Conference

22:28 - What are the biggest risks to Bitcoin Treasury companies during a drawdown?

28:44 - Could a company ATM cash onto its balance sheet if Bitcoin is falling?

32:57 - Closing thoughts and where to find Dan online

#podcast #bitcoin #microstrategy #investing #mstr #btc