Sign up to save your podcasts
Or
Share Europe’s MSTR? Capital B’s Bitcoin ‘Nuclear Reactor’ Strategy Explained
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Europe’s MSTR? Capital B’s Bitcoin ‘Nuclear Reactor’ Strategy Explained
What if one company buying Bitcoin consistently can remove the possibility of short-term bear markets?
In this episode, we sit down with Alexandre Laizet (Board Director of Bitcoin Strategy at Capital B, Europe’s first Bitcoin treasury company) to break down the next evolution of the Bitcoin treasury playbook, from Bitcoin-denominated convertible bonds (“the nuclear reactor”) to the rise of digital credit and perpetual preferred share-style instruments inspired by Strategy, formerly known as MicroStrategy (MSTR).
Alexandre explains how Capital B went from 15 BTC to ~2,800 BTC, why BTC yield is still the key KPI, and how the industry could be heading toward a world where Strategy accumulates ~300,000 BTC per year — with potential implications for Bitcoin’s market structure and long-term price targets.
If you’re tracking the future of Bitcoin Treasury Companies, MSTR-style financial engineering, and the emergence of a Bitcoin-denominated credit market, this is the deep dive.
00:00 Introduction: Alexandre Laizet
01:54 The Birth of Europe’s First Bitcoin Treasury Company
05:07 The Bitcoin ‘Nuclear Reactor’ Strategy Explained
08:11 Why No One Else Uses Bitcoin-Denominated Convertible Bonds
10:24 How Capital B Can Double Its Bitcoin Overnight
15:15 Maximizing BTC Yield: The Only KPI That Matters
16:47 Digital Credit + Perpetual Preferred Shares (Strategy’s Playbook)
21:55 Strategy’s STRE in Europe: Competition + Industry Validation
25:21 Digital Credit Industry: 'Win-Win' Across Treasury Companies
29:38 USD Reserve: Sacrificing Short-Term BTC Yield for Long-Term Growth
34:29 Market Doesn’t Understand These Products Yet (But Volumes Explode)
35:28 1.5 Months of Mining Supply + 'No Short-Term Bear Market'
38:27 $5M–$10M Bitcoin + 'Generational Opportunity at $90K'
41:35 Can Capital B Reach 1% of All Bitcoin by 2033?
45:31 M&A? 'Not Our Focus'
47:52 Where to Find Alexandre + Final Message ('Keep One Chair')
🚨 EVENT 🚨 Make sure to get your One Chair Podcast Ticket!- Front Run — The Bitcoin Treasuries Pre-Party: https://luma.com/FrontRun
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81
Follow our Guest:
- Alexandre Laizet: https://x.com/AlexandreLaizet
- Capital B: https://x.com/_ALCPB
- Capital B: https://cptlb.com/
DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only.
Thank you for listening!
Follow us on:
- X: https://x.com/OneChairPod
- Youtube: https://www.youtube.com/@OneChairPod
View all episodes
By One Chair PodcastWhat if one company buying Bitcoin consistently can remove the possibility of short-term bear markets?
In this episode, we sit down with Alexandre Laizet (Board Director of Bitcoin Strategy at Capital B, Europe’s first Bitcoin treasury company) to break down the next evolution of the Bitcoin treasury playbook, from Bitcoin-denominated convertible bonds (“the nuclear reactor”) to the rise of digital credit and perpetual preferred share-style instruments inspired by Strategy, formerly known as MicroStrategy (MSTR).
Alexandre explains how Capital B went from 15 BTC to ~2,800 BTC, why BTC yield is still the key KPI, and how the industry could be heading toward a world where Strategy accumulates ~300,000 BTC per year — with potential implications for Bitcoin’s market structure and long-term price targets.
If you’re tracking the future of Bitcoin Treasury Companies, MSTR-style financial engineering, and the emergence of a Bitcoin-denominated credit market, this is the deep dive.
00:00 Introduction: Alexandre Laizet
01:54 The Birth of Europe’s First Bitcoin Treasury Company
05:07 The Bitcoin ‘Nuclear Reactor’ Strategy Explained
08:11 Why No One Else Uses Bitcoin-Denominated Convertible Bonds
10:24 How Capital B Can Double Its Bitcoin Overnight
15:15 Maximizing BTC Yield: The Only KPI That Matters
16:47 Digital Credit + Perpetual Preferred Shares (Strategy’s Playbook)
21:55 Strategy’s STRE in Europe: Competition + Industry Validation
25:21 Digital Credit Industry: 'Win-Win' Across Treasury Companies
29:38 USD Reserve: Sacrificing Short-Term BTC Yield for Long-Term Growth
34:29 Market Doesn’t Understand These Products Yet (But Volumes Explode)
35:28 1.5 Months of Mining Supply + 'No Short-Term Bear Market'
38:27 $5M–$10M Bitcoin + 'Generational Opportunity at $90K'
41:35 Can Capital B Reach 1% of All Bitcoin by 2033?
45:31 M&A? 'Not Our Focus'
47:52 Where to Find Alexandre + Final Message ('Keep One Chair')
🚨 EVENT 🚨 Make sure to get your One Chair Podcast Ticket!- Front Run — The Bitcoin Treasuries Pre-Party: https://luma.com/FrontRun
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81
Follow our Guest:
- Alexandre Laizet: https://x.com/AlexandreLaizet
- Capital B: https://x.com/_ALCPB
- Capital B: https://cptlb.com/
DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only.
Thank you for listening!
Follow us on:
- X: https://x.com/OneChairPod
- Youtube: https://www.youtube.com/@OneChairPod