Bitcoin Treasuries 2.0 is here, and the next financial revolution may be built on Bitcoin-backed credit.

In this episode, we sit down with Sander Andersen, founder behind H100 Group, to break down the future of Bitcoin treasury companies, how they raise capital, and why the next wave of innovation could come from Bitcoin-backed credit products, preferred shares, and institutional-grade collateral structures.

Sander explains how H100 evolved from a HealthTech company into a Bitcoin treasury vehicle, why Sweden became the launchpad, and how a new concept — a Bitcoin Treasury Alliance — could unlock massive scale by pooling Bitcoin balance sheets across public and private companies.

We also dive into why institutions demand scale, what the preferred share model means for the market, and why Switzerland could become one of the most important hubs for Bitcoin treasury infrastructure in Europe.

If you want to understand the next phase of Bitcoin adoption — beyond ETFs — this episode is a must-watch.

Topics Covered:

✅ Bitcoin Treasury Companies Explained

✅ H100’s Strategy & Capital Raising Model

✅ Convertible Bonds & Bitcoin Upside

✅ Preferred Shares (Strategy / Metaplanet-style products)

✅ The Bitcoin Treasury Alliance Concept

✅ Institutional Demand for Scale

✅ Switzerland Expansion & Future Holdings LOI

✅ Bitcoin Market Outlook & Treasury 2.0

✅ Bitcoin as Collateral: The Coming Credit Revolution

✅ The Future of Bitcoin Finance & Tokenization

00:00 Introduction: Sander Andersen

02:52 How H100 was born (HealthTech roots + Bitcoin strategy)

06:19 Building in a Bear Market: Strategies and Initiatives

10:29 The Bitcoin Treasury Alliance idea (shared BTC collateral model)

12:55 Why institutions demand bigger Bitcoin balance sheets

15:35 Can private companies & individuals join the alliance too?

19:24 Future Holdings LOI: H100’s move into Switzerland

22:49 Bitcoin market outlook: fear, ETFs, and the next cycle setup

28:52 Bitcoin as collateral: the credit revolution explained

33:11 Mental health advice for Bitcoiners in bear markets

37:55 Final Thoughts and Mental Health in Crypto

Follow our Guest:

- Sander Andersen: https://x.com/Sanderandersenn

- H100: https://x.com/H100Group

- H100: https://www.h100.group/

🚨 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

DISCLAIMER: This is not is financial advice.

This podcast is for educational and entertainment purposes only.

Thank you for listening!

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