True North Podcast

Wall Street Digital Gold Rush | True North Podcast | Ep. 31

Listen Later

🧭 MSTR True North episode 31: Led by captain Solei, the crew does a deep dive on l the different Bitcoin treasury strategies, convertible notes, market sentiment, and how global investment dynamics—from the U.S. to Japan—are shaping the future of BTC-backed corporate finance. 🎛️ As of this recording, 6/25/25, Strategy's (MSTR) performance:

  • Open: $384.83
  • Close: $388.67
  • Volume: 10,606,562 shares
  • mNAV: 1.89
  • Market Cap: $108.67B
  • U.S. Market Cap Ranking: 93
  • BTC: 592,345

    • ⏱️ TIMESTAMPS & INSIGHTS:

    • 00:00:00 - Que the music
    • 00:01:48 - Captain Solei & Agenda
    • 00:04:06 - Future of converts: delta hedging, MSTR shorting & note-holder risks
    • 00:09:36 - Market demand: Current conditions in demand & strategic selectivity
    • 00:12:51 - Expanding the BTC economy: using acquisitions to justify higher multiples
    • 00:17:15 - Tools for LBE growth: long-term play, tools for scaling strategy for future success
    • 00:21:46 - Peeling back leverage: how capital structure impacts BTC price swings & delta hedging 101
    • 00:26:15 - Debt risk: secured vs. unsecured debt & liquidation exposure
    • 00:30:36 - Bailouts: can major holders buffer market failure contagion?
    • 00:35:49 - Takeovers in the future?: activist models to acquire Bitcoin under distress
    • 00:39:30 - Playbook analysis: MetaPlanet & the blueprint for treasury success
    • 00:47:05 - BTC strategies: what defines a Bitcoin treasury vs. just holding BTC
    • 00:52:40 - Levers driving sentiment: buybacks, NAV defense, and market signals
    • 00:56:55 - Float: stock dilution, buybacks, and S&P 500 inclusion
    • 01:10:14 - Types of investors: technical vs. fundamental perspectives
    • 01:17:23 - Catalysts: regulatory deadlines and upcoming BTC triggers that drive MSTR appeal
    • 01:20:08 - $STRK, $STRD & $STRF: product deep dive & BTC upside analysis
    • 01:28:04 - BTC Prague 2025: conference insights, Lightning, and BTC adoption
    • 01:33:00 - Euro/Japan market: investment culture lag & tax-advantaged accounts
    • 01:38:33 - Accessibility: US investors lead in retail access & financial tools
    • 01:41:05 - BTC treasury company niche in Prague: MSTR leads the charge with interest growing
    • 01:45:00 - S&P 500 qualification status: the numbers that capture eligibility
    • 01:47:50 - Moon math: the model behind landing on the moon
    • 01:51:00 - IBIT/MSTR: trend line and analysis
    • 01:55:50 - final thoughts

      • SOCIAL 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/TheJesseMK
      • X: https://x.com/thebitcoingal

        • MSTR TRUE NORTH LINKS:

        • True North Website: https://tnorth.com
        • X: https://x.com/MSTRTrueNorth
        • đź›’ 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.

            • True North does not intend for anything herein to be considered an offer or sale of any securities, including those of Strive. True North encourages listeners to consult with their tax and investment advisors. Additional information on any securities or issuers referenced herein can be found in such issuers’ filings with the Securities and Exchange Commission (“SEC”), including any registration statements, prospectuses and prospectus supplements for each issuers’ securities. Listeners should read such documents and other documents incorporated by reference therein or that such issuer has filed with the SEC for more complete information. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.

            • Any securities referred to herein, including those of True North’s parent Strive, are not collateralized by underlying bitcoin holdings and may be subordinated to senior claims. There are no guarantee of returns liquidity or future performance. The securities referred to herein are neither bank deposits, nor FDIC insured, nor regulated in the same way, and do not have the same regulatory and other protections as bank accounts, money market funds, treasuries, or similar investments and as a result may not be comparable investments. Current trading prices and effective yields may vary, current rates are not indicative of future rates, and in some cases rates are subject to frequent adjustments and may be significantly lower than discussed herein. Cash dividends are not guaranteed. In some cases, dividends have not been paid and may not be paid in the future. Ownership of securities referred to in herein does not confer ownership in the underlying assets, including bitcoin.
              • ...more
              View all episodesView all episodes
              Download on the App Store
              True North PodcastBy True North Podcast