True North Podcast

On/Off/On/Off/On/Off | True North Podcast | Ep. 23


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🧭 MSTR True North episode 23: Jeff Park joins the MSTR True North crew to break down market volatility, the impact of tariffs, the options market + derivatives, income products, and why Bitcoin and Strategy remain key players in today’s shifting financial landscape.🎛️ As of this recording, 4/9/25, Strategy's (MSTR) performance:* Open: $242.02* Close: $296.86 * Volume: 38,261,400 shares* mNAV: 2.05* Market Cap: $78.70B* U.S. Market Cap Ranking: 120* BTC: 528,185⏱️ TIMESTAMPS & INSIGHTS:* 00:00:00 - Intro: market overview, MSTR leverage, and upcoming TN Strategy World event* 00:04:00 - New tickets!!: Grain provides details on new tranche of tickets for TN Strategy event* 00:08:19 - Tariffs: tariff policy revival and national emergency market reactions* 00:15:00 - Derivatives: Jeff Park’s experience trading exotic derivatives* 00:20:13 - Volatility 101 & Macro: post-crypto shift, low liquidity, and reading order books* 00:30:08 - Options, $IMST and covered calls: market dynamics of options & Bitwise’s covered call products* 00:50:30 - $STRK & $STRF: utility of Saylor’s new instruments* 00:56:10 - fed impact: Fed and Treasury moves that could trigger Bitcoin upside* 01:00:38 - Power is knowledge: volatility and the art of the professional trader* 01:08:20 - $MSTR debt: comparing MSTR’s leverage to a real estate analogy* 01:22:04 - Risk mgmt: managing debt with excess capital and stress-tested balance sheets* 01:32:00 - Tech vs money: inflation system vs. tech deflation and Bitcoin’s deflationary value* 01:45:12 - Bitcoin edge: why Bitcoin thrives in flawed fiat systems and coming money printing* 01:56:01 - $MSTR market position: Strategy as a “risk-off” asset priced like a “risk-on” playSOCIAL MEDIA:* X: https://x.com/PunterJeff\* X: https://x.com/BenWerkman\* X: https://x.com/nithusezni\* X: https://x.com/TimKotzman\* X: https://x.com/Z06Z07\* X: https://x.com/Adrian\_R\_Morris\* X: https://x.com/RealTrollstein\* X: https://x.com/MasonFoard\* X: https://x.com/hillery\_dan\* X: https://x.com/JBerneburg\* X: https://x.com/TheJesseMKGUEST:\* X: Jeff Park - https://x.com/dgt10011MSTR TRUE NORTH LINKS:* True North Website: https://www.mstrtruenorth.org* X: https://x.com/MSTRTrueNorth\* 🛒 MERCH: https://thehodlshop.com/collections/t…* Youtube: @MSTRTrueNorth MSTR Links:* https://www.mstr-tracker.com* https://saylortracker.com/\* https://robinhood.com/us/en/stocks/MSTR/\* https://www.strategy.com/Disclaimer: The content in this video is for informational and educational purposes only and should not be considered financial advice. We are not financial advisors, and you should consult with a qualified professional before making any financial decisions. All investments involve risks, and you are responsible for your own decisions.

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True North PodcastBy True North Podcast