In this first episode of 2026, we break down Strategy’s (MSTR) latest Bitcoin purchase, its growing USD cash reserve, and what it all means for Bitcoin treasury companies going into the new year.
We discuss why Strategy continues to issue common stock to fund preferred share dividends, even while holding billions in cash, and whether this signals a long-term shift in capital allocation. With six consecutive red months, a brutal -47% performance in 2025, and growing concerns around MSCI exclusion and S&P 500 eligibility, the pressure on MSTR has never been higher.
At the same time, Bitcoin demand remains strong. Treasury companies are now buying more Bitcoin than miners produce, raising the question: is the four-year Bitcoin cycle finally dead, and could 2026 be the turning point?
00:00 MSTR Bitcoin Buy, Capital Raises & Cash Reserves
04:52 Why 2025 Was Brutal for MSTR & Bitcoin Treasuries
07:32 MSCI Exclusion Risk & S&P 500 Inclusion Outlook
11:56 Bitcoin Supply Shock & Why 2026 Could Be the Turning Point
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81
Mentions:
- Chris Millas: https://x.com/ChrisMMillas
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
Metaplanet’s Bitcoin accumulation is accelerating faster than almost anyone realizes.
In this video, we break down Metaplanet’s explosive year, how it grew its Bitcoin holdings from under 2,000 BTC to over 35,000 BTC, and why its strategy puts it in a league of its own among Bitcoin treasury companies.
We cover Metaplanet’s latest updates, including the approval of its preferred shares (MERCURY and MARS), record-breaking Q4 financial results, and its growing focus on income-generating businesses that support continued Bitcoin accumulation. We also discuss why Metaplanet’s execution stands out compared to other Bitcoin treasury plays, and how it may be positioning itself to climb the global Bitcoin treasury rankings.
With strong revenues, disciplined capital allocation, and a clear long-term vision, Metaplanet could be one of the most underrated Bitcoin treasuries heading into 2026.
00:00 Introduction
00:23 EGM Recap & Takeaways: Preferred Shares (Mercury & Mars) and Income Focus
02:36 Bitcoin Accumulation Update
03:52 Financial Performance: Record Q4, Revenues & Dividend Support
05:08 MetaPlanet Growth, Treasury Rankings & Bullish 2026 Outlook
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!
Follow us on:
- X: https://x.com/OneChairPod
- Youtube: https://www.youtube.com/@OneChairPod
In this episode, we break down Strategy’s latest Bitcoin purchases, MSTR stock issuance, mNAV dynamics, and why Michael Saylor may be maximizing accumulation before Bitcoin’s next major move. We also discuss the role of preferred shares, the creation of Strategy’s USD reserve, and whether market education is holding back demand.
We explore Bitcoin’s potential “IPO moment,” where ETFs, Wall Street, and treasury companies accumulate while early Bitcoin holders distribute, and what this means for price action going into 2026.
Finally, we share our base case and bull case predictions for Bitcoin and MSTR, including scenarios where Bitcoin reaches $175K–$300K and Strategy approaches or surpasses 1 million BTC.
00:00 Introduction
00:19 MSTR stock issuance & aggressive Bitcoin
02:53 MSTR Preferred shares : demand issues and risks
06:02 2026 outlook: MSTR Bitcoin accumulation scenarios
09:27 Bitcoin’s “IPO moment”: ETFs, OG sellers, and market structure
11:31 Bitcoin & MSTR price predictions for 2026
Mentions:
- Book: The Thinking Machine by Stephen Witt
- Jordi Visser's article "Bitcoin’s Silent IPO": https://x.com/jvisserlabs/status/1984578105713770823?s=20
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!
Follow us on:
- X: https://x.com/OneChairPod
-Youtube: https://www.youtube.com/@OneChairPod
Bitcoin is in a period of fear, yet behind the scenes, the setup may be stronger than ever.
In this episode, we sit down with Stephan Livera, host of the Stephan Livera Podcast, to break down why Bitcoin’s current setup is so compelling and how Bitcoin treasury companies like Strategy (MSTR) and OranjeBTC are reshaping the market.
We discuss why some Bitcoin treasuries outperform while others struggle, the role of leverage and debt, proof of reserves, preferred shares, and how institutional and nation-state adoption could drive the next phase of Bitcoin’s growth.
If you’re wondering whether Bitcoin treasury companies are a risk, an opportunity, or both, this conversation will give you clarity.
Topics covered:
- Why Bitcoin’s setup may be stronger than ever
- How Bitcoin treasury companies actually work
- Strategy (MSTR), OranjeBTC & treasury models explained
- Why some treasuries fail while others accumulate more BTC
- Debt, leverage, MNAV & preferred shares
- Proof of reserves: transparency vs security
- Institutional adoption, ETFs & macro tailwinds
- What to focus on when Bitcoin sentiment is low
00:00 Introduction: Stephan Livera
02:12 Why Bitcoin Treasury Companies Exist vs BTC & ETFs
03:38 How Stephan Joined OrangeBTC (Advisor & Investor)
05:24 Can Anyone Beat Strategy? Winner-Take-Most Dynamics
09:44 What Makes a Winning Bitcoin Treasury Company
14:16 Treasury Drawdowns & Fiat vs Bitcoin Perspective
18:07 When Treasury Models Fail: Debt, Timing, and BTC Liquidations
22:08 Proof of Reserves
24:26 Michael Saylor Keynote & STRC
27:28 Treasuries as a Bridge to Mass Adoption
30:32 Strategy USD Reserve & Preferreds
32:30 The Education Gap in Bitcoin & Bitcoin Treasury Companies
34:35 “Does Saylor Know Something?”
39:33 Market Predictions for 2026
44:43 The Fear and Greed Index Perspective
45:34 Closing Thoughts & Long-Term Bitcoin Conviction
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:
- Stephan Livera: https://stephanlivera.com/
- Stephan Livera: https://x.com/stephanlivera
- Stephan Livera Podcast: https://www.youtube.com/@StephanLivera
- OranjeBTC: https://x.com/ORANJEBTC
- OranjeBTC: https://www.oranjebtc.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
In this episode, we sit down with Ed Juline, President of Bitcoin Treasuries Media and advisor to Arcadia₿, to break down how Bitcoin treasuries are reshaping corporate finance and why Strategy continues to outperform traditional financial models.
Ed shares his journey from early Bitcoin adoption to working closely with Strategy, explains how preferred shares unlock fixed-income capital for Bitcoin, and why Saylor’s approach keeps adapting while TradFi struggles to price Bitcoin risk.
We cover:
- Why Bitcoin treasuries aren’t a get-rich-quick scheme
- How Strategy keeps beating TradFi without breaking the rules
- The role of preferred shares, cash reserves, and credit ratings
- Why small treasury companies can outperform over time
- How Bitcoin is crossing the chasm into institutional adoption
- The real risks (and misconceptions) around Bitcoin treasury strategies
- Why short-term price action misses the bigger picture
00:00 Introduction: Ed Juline
06:42 What is a Bitcoin company? Tesla vs Strategy debate
09:08 Bitcoin fragmentation: treasuries, Lightning, privacy & politics
11:55 Why Bitcoin treasuries face backlash (FTX, Celsius scars)
13:06 Bitcoin Treasuries Media: events, podcast & advisory mission
16:20 Global Bitcoin conferences & regional adoption differences
20:29 Arcadia B explained: Mexico’s Bitcoin services + treasury model
24:43 Early-stage treasuries: why small BTC balance sheets can win
26:05 Strategy’s treasury prerequisites & zombie company warning
30:17 Treasury companies to watch & what separates strong operators
34:12 Strategy’s cash reserves, preferreds & TradFi adaptation
39:14 Does Strategy know something we don’t? How BTC buys are decided
42:43 Preferred shares: unlocking fixed income for Bitcoin exposure
45:45 Why credit rating agencies struggle to value Bitcoin treasury companies
48:49 Bitcoin adoption crossing the chasm (early majority phase)
52:38 Market outlook: the “drunk raccoon” Bitcoin cycle
54:37 Where to follow Ed Juline & Bitcoin Treasuries Media
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:
- Ed Juline: https://x.com/ejuline
- Tim Kotzman: https://x.com/timkotzman
- Bitcoin Treasuries: https://www.youtube.com/@timkotzman8925
- Bitcoin Treasuries Media: https://x.com/BTCDigitalConf
- Bitcoin Treasuries Media: https://bitcointreasuries.media/
- MadBitcoin Summit: https://madbitcoinsummit.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
Michael Saylor is back, and this time, MSTR has raised $1 billion to buy even more Bitcoin. In this episode, we break down why Strategy made this massive move, how they raised the capital, and what it means for Bitcoin, MSTR shareholders, and the broader market.
We also dive into the recent market volatility, the impact of the Fed’s rate cut, and why many believe we may be at — or very close to — a Bitcoin bottom. Is Saylor seeing something the market hasn’t priced in yet? And what does this aggressive accumulation strategy mean for 2024–2026?
00:00 Strategy’s Surprise Bitcoin Buy
02:08 Massive Capital Raise: $2.3B in 13 Trading Days
05:05 Accretive vs. Non-Accretive Buys & Long-Term Impact
07:35 Bitcoin Supply Lock-Up & MSTR’s Growing Accumulation
08:40 Fed Rate Cuts, Liquidity Return & Bullish Macro Signals
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81DISCLAIMER: 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
Bitcoin has never looked more bullish.
In this episode, Bitcoin investor and researcher Zynx explains why he believes the current market setup is the most bullish in over a decade and why 2026 could be a breakout year for Bitcoin.We cover everything from:- Bitcoin vs Gold (and why pricing BTC in fiat can be misleading)- Strategy (MSTR) and the rise of Bitcoin treasury companies- STRC and preferred shares as a new Bitcoin accumulation engine- Metaplanet’s aggressive Bitcoin strategy in Japan- How ETFs, nation states, and TradFi are quietly entering Bitcoin- The role of sovereign wealth funds and institutional capital- Why today’s “bear market” may actually be an opportunity- The psychology behind Bitcoin’s stall below $100KIf you’re serious about Bitcoin, macro, and the future of money, this interview is for you.
00:00 Introduction: Zynx
04:08 Strategy’s new USD reserve explained
06:14 Why Strategy is more solvent than governments
07:59 S&P’s B- rating on Strategy and why it’s misleading
09:36 Strategy preferred shares crash & rebound trade explained
12:48 Why Strategy's preferreds are misunderstood by the market
14:21 Best Bitcoin treasury stocks right now
18:30 Will Bitcoin treasury companies eliminate bear markets?
21:42 Why Tether won’t buy STRC
24:35 Metaplanet’s carry trade strategy
29:15 Should Bitcoin companies EVER sell their Bitcoin?
31:20 Bitcoin vs Gold: the most important metric you’re ignoring
35:04 Why Bitcoin is stuck below $100K
40:41 Catalyst for the next Bitcoin bull run
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81Follow our Guest:- Zynx: https://x.com/ZynxBTC- Zynx: https://www.youtube.com/@ZynxBTCDISCLAIMER: 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
Strategy just created a $1.4B cash reserve alongside its 650,000 Bitcoin treasury. We break down what this means for MSTR stock, dividends, and Bitcoin investors.
We explain why Strategy raised $1.4B, how the cash reserve covers up to 21 months of dividends, and what this means for credit ratings and downside risk in a Bitcoin bear market. We also discuss Michael Saylor’s comments about possibly selling Bitcoin as a last resort, plus updated Bitcoin targets and the STRC dividend increase to 10.75%.
Topics Covered:• Strategy’s $1.4B cash reserve• Dividend security for preferred shares• Credit rating implications• Bitcoin “escape velocity”• Saylor on selling BTC• STRC dividend increase
00:00 Strategy Creates USD Reserve Alongside Bitcoin Treasury
01:26 Credit Rating Impact & Dividend Security Explained
03:09 Why This De-Risks Strategy in a Bitcoin Bear Market
07:55 Michael Saylor Softens ‘Never Sell Bitcoin’ Stance
12:50 Bitcoin Growth Scenarios & “Escape Velocity” Model
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81Mentions:- What Bitcoin Did with Phong Le: https://youtu.be/NSyfxI2wWC0?si=KD5gLH23qB9mtfh2DISCLAIMER: 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
In this episode, we break down Metaplanet’s newest preferred share offerings: Mercury and the upcoming Mars adjustable-rate security, and what they mean for the company’s long-term Bitcoin accumulation strategy. With Japan’s historically low interest rates, Metaplanet is taking a unique approach to financing, potentially enabling a massive Bitcoin buying plan through low-yield preferreds, and even a possible “yen carry trade 2.0.”
We cover everything you need to know:• Mercury’s 4.9% dividend and ¥1000 conversion strike• How these preferreds compare to Strategy’s STRK/STRC• Potential arbitrage and yield-spread opportunities• The impact of $260M in combined raises (Mercury + Mars)• How many BTC Metaplanet could accumulate at current prices• Updates to the moving-strike warrant program and dilution protectionIf you follow Metaplanet, Bitcoin treasury strategies, or the evolving Japanese financial market, this is a must-watch deep dive.00:00 Introduction
00:13 Metaplanet Preferred “Mercury” Overview
02:06 Unlocking the Conversion Feature — Understanding Mercury’s ¥1000 Strike Price
04:17 Arbitrage & Yen Carry Trade Opportunities
07:15 Metaplanet’s Bitcoin Accumulation Strategy (Up to $260M Raise)
08:43 Mars Preferred Overview & Adjustable Rate Structure
10:19 Moving Strike Warrant Changes & Reduced Dilution Risk
11:13 Metaplanet’s Future Roadmap & Final Takeaways
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81DISCLAIMER: 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
In this discussion, Anil Patel — author of The Treasure of Saylor — breaks down Michael Saylor’s Bitcoin Treasury Strategy, Strategy’s corporate playbook, and why Saylor’s approach to Bitcoin as digital capital is reshaping modern finance.
We explore the principles behind Bitcoin treasury management, the evolution of Saylor’s thinking, and how corporations may adopt Bitcoin in the decades ahead. If you've ever wondered how and why Strategy built the world’s largest corporate Bitcoin treasury, this conversation offers one of the clearest explanations available.
Topics Covered:
- Inside Michael Saylor’s mindset and engineering perspective
- How MicroStrategy built its Bitcoin treasury
- Digital capital vs currency
- Corporate finance, preferreds, convertible debt & treasury optimization
- Why Bitcoin outperforms real estate and equities as a store of value
- Long-term corporate Bitcoin strategy (thinking in decades, not quarters)
- Network effects, competitive dynamics, and “the Bitcoin bank” thesis
- How Anil Patel created The Treasure of Saylor
- The future of Bitcoin treasuries and digital credit
00:00 Introduction: Anil Patel
01:20 Crafting the Book: Saylor’s Speeches, Research Process & Narrative Design
03:34 Core Insights From Saylor: Digital Capital, Money Layers & Engineering Mindset
07:42 Bitcoin’s Future Role: Medium of Exchange vs Store of Value
10:45 Building the Story: Explaining Bitcoin, Comparing to Real Estate & Equities
13:40 The Concept of Digital Capital
14:09 Exploring Bitcoin Treasury Strategies
14:57 MSTR Strategy: Preferreds, Corporate Finance & Treasury Evolution
19:43 The Role of Michael Saylor in Bitcoin's Evolution
20:09 Market Dynamics: Network Effects, Dominant Players & The “Bitcoin Bank” Thesis
20:56 Saylor as an Industrial Titan & The Idea of a Future Biography
22:25 Will There Be a Treasure of Saylor Part II?
23:27 Explaining Bitcoin Treasury Strategy Simply
26:22 Thinking in Decades: Long-Term Vision, Sats-per-Share & Measuring Value
27:42 Free Resources: Books, Presentations & Where to Find Anil
About Our Guest – Anil Patel:
Anil is the author of The Treasure of Saylor and The Bitcoin Handbook — two of the most widely shared educational resources on Bitcoin. His visual explanations, infographics, and slides are used by educators, meetups, and conferences around the world.
Follow our Guest:
- Anil Patel: https://x.com/anilpatel
Find his content online:
- Anil's free content: https://anilsaidso.gumroad.com/
- The Treasury of Saylor: https://treasuryofsaylor.com/
- The Bitcoin Handbook: https://thebitcoinhandbook.com/
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!
Follow us on:
- X: https://x.com/OneChairPod
- Youtube: https://www.youtube.com/@OneChairPod
Will AI choose Bitcoin as its native money? In this episode, Cern Basher joins us to explore the powerful links between AI, Tesla, and Strategy (formerly MicroStrategy) — and how visionary leaders like Elon Musk and Michael Saylor are shaping the future of money, energy, and intelligence.
We discuss:
- How AI and Bitcoin are “two sides of the same coin”
- Why Tesla’s massive cash flow could make it a Bitcoin treasury company
- Strategy’s breakthrough with Bitcoin-backed preferred shares
- Tesla’s robotaxi and humanoid robot plans — and what they mean for investors
- Why Bitcoin is the new risk-free asset
If you’re interested in Bitcoin, AI, Tesla, corporate treasuries, or Michael Saylor’s Bitcoin strategy, this conversation connects all the dots.
00:00 Introduction: Cern Basher
01:16 Cern's Journey with Tesla and Bitcoin
03:57 Why AI rejects traditional finance and adopts Bitcoin
06:19 Strategy’s breakthrough: Bitcoin-backed preferred shares
08:04 De-risking with preferred stock vs. debt
10:07 Strive vs. Strategy: early lessons for Bitcoin treasuries
11:18 Tesla’s Bitcoin strategy and massive capital needs
15:24 When Tesla becomes a Bitcoin treasury company
17:07 How Tesla could issue Bitcoin-linked preferreds
18:39 Tesla vs. Strategy: long-term investment outlook
22:52 Key takeaways from Tesla’s shareholder meeting
25:33 Full Self-Driving progress and robotaxi rollout
27:53 Strategy’s Euro preferred & growing global reach
29:58 The rise of global Bitcoin treasury companies
33:56 Why preferred shares aren’t a Ponzi
37:18 How Bitcoin treasuries spread BTC to the world
38:36 Tesla and Strategy: visionary leaders reshaping money
42:10 Closing thoughts & where to find Cern
Follow our Guest:
- Cern Basher: https://x.com/CernBasher
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!
Follow us on:
- X: https://x.com/OneChairPod
- Youtube: https://www.youtube.com/@OneChairPod
In this episode, we break down the biggest developments in the Bitcoin treasury space — from MSTR’s global expansion and new credit rating momentum to Metaplanet’s latest updates, Strive’s rapid product innovation, and Sequans’ dramatic setback.
00:00 Welcome to One Chair Podcast
00:42 What MSTR’s New Credit Rating Means for Bitcoin Treasuries
02:44 STRE: MSTR’s Euro-Denominated Preferred Equity
12:56 STRC $100 Milestone: Is This the Turning Point?
15:11 Metaplanet Update: Rising Short Interest & New Bitcoin-Backed Loan
18:19 Strive Launches SATA Preferred: Higher Yield & Smart Execution
23:29 Sequence Sells Bitcoin to Repay Debt: What Went Wrong
25:46 Future: New Bitcoin Treasury Company in Switzerland
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81
Mentions:
- Marc Riemer: https://x.com/mriemer
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
In this episode, we welcome Tyler from Treasury Orange for a deep dive into the rise of Bitcoin Treasury companies — from Strategy and Strive to Metaplanet and Capital B.
Tyler shares his journey from discovering Bitcoin during the Ron Paul era to understanding how corporate Bitcoin adoption could drive the next 10x in Bitcoin’s price.
He breaks breaks down:
- The “Bitcoin epiphany” moment inspired by Michael Saylor
- Why Bitcoin Treasuries matter — leverage, yield, and risk
- Strategy’s playbook and Saylor’s plan to “eat the world”
- MSTR's expansion into Europe with STRE (Stream)
- Strive’s new SATA preferred offering
- How money-market capital and generational wealth could flow into Bitcoin
00:00 Introduction: Tyler from Treasury Orange
00:53 Origin Story: Ron Paul, sound money, first touch with Bitcoin
04:11 Early Cycles & Lessons: 2013 buy, 2017 churn, taxes, selling too soon
07:11 The 2020 “Lightbulb Moment”: Michael Saylor, Bitcoin Podcasts & Realizing BTC Beats Gold
13:59 Bitcoin Treasuries Explained: Higher Returns vs. Counterparty Risk
17:17 Tyler's Top Bitcoin Treasury Companies
28:42 STRE's Debut and How Saylor Plans to "Eat the World"
31:55 MSTR's Q3 Earnings Call Highlights
37:28 Accessibility: Index inclusion (QQQ/S&P) & why own MSTR for leverage
41:49 S&P Rating: A Milestone for Bitcoin Treasuries
46:00 Strive’s SATA Preferred Explained: 12% Yield & How It Competes with STRC
51:47 The Big Math: Money-market rotation, advisor demand, generational tailwinds
59:33 Where to Follow Tyler & Wrap-Up
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81
Mentions:
- Tyler: https://x.com/TylerCompiler
- Treasury Orange: https://www.youtube.com/@TreasuryOrange
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
In this episode, Soleil (@nithusezni) joins us to discuss Bitcoin, break down the growing parallels between Tesla, and Strategy (MSTR) and to share his key takeaways from Strategy’s Q3 earnings call.
We dive deep into:
🔹 How Soleil got into Bitcoin and options trading
🔹 Why Tesla and Strategy follow similar disruptive paths
🔹 Bitcoin-backed preferreds and MSTR’s bond market disruption
🔹 Michael Saylor’s long-term vision and the “amplification” strategy
🔹 The four-year Bitcoin cycle, super cycle, and risk management
🔹 Whether Strategy should advertise like Tesla or let Bitcoin sell itself
From Bitcoin maximalism to Strategy, True North, and the future of Bitcoin-treasury companies, this conversation is packed with insights for long-term investors and Bitcoiners alike.
00:00 Introduction: Soleil (@nithusezni)
01:07 How Soleil Got Into Bitcoin & Trading Options
06:04 Tesla Enters the Picture
09:44 Tesla & Strategy Parallels
10:45 Becoming a Full Bitcoin Maximalist
11:59 MicroStrategy's Impact on Bitcoin
15:16 MSTR Preferreds & Fixed-Income Products
17:28 MSTR Q3 Earnings Reaction
20:17 International Market Strategies
24:06 Should Strategy Advertise Like Tesla? Ads vs Organic Growth Debate
27:12 Tesla-Like Strategy Rollout
33:50 The Four-Year Cycle vs. Super Cycle
40:53 Options Trading Around S&P 500 Inclusion
43:55 How to Orange Pill Different People
47:46 Closing Thoughts & Where to Find Soleil
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81
Mentions:
- Soleil: https://x.com/nithusezni
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
In this episode, we dive deep into the evolving world of Bitcoin treasury companies, from Strategy’s $43 million Bitcoin purchase to Metaplanet’s new buyback option and Strategy’s surprising S&P credit rating.
00:00 Intro & Inside the Lugano Plan B Conference
02:40 Bitcoin Treasury Companies 101: Ask Us Anything
03:11 Strategy Preferred Shares Update
05:58 Strategy Gets Its First Credit Rating
11:24 How Metaplanet's New Share Buyback Plan Could Change the Game
14:24 Strive's Comeback & Market Rebound
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81
Mentions:
- Jackson Fairbanks: https://x.com/Loonggamma
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
Find us on Spotify: https://open.spotify.com/show/2AnTUGs4yjMwUxVSItYyZ2?si=d30ddc54c94741d0
Or on Apple Podcasts:
https://podcasts.apple.com/us/podcast/one-chair-podcast/id1831827737
#bitcoin #michaelsaylor #bitcoinpodcast #bitcoinnews #finance #mstr #metaplanet #bitcointreasurycompanies #bitcoinetf #investing #investment #invest #MTPLF #PreferredShares #JapanMarkets #ASST #strive
In this episode, we sit down with Pierre Rochard — founder & CEO of the Bitcoin Bond Company, board member at Strive, and one of the most respected voices in Bitcoin corporate strategy.
Pierre dives deep into the evolution of Bitcoin treasury companies, from Strategy’s (MSTR) pioneering playbook to Strive’s (ASST) innovative approach with digital credit, perpetual preferreds, and corporate Bitcoin balance sheets.
We cover:
- The rise of Bitcoin treasury companies and their role in global adoption
- How fixed-income wrappers are bringing institutional capital into Bitcoin
- Why leverage and NAV matter for Bitcoin-backed corporations
- The Bitcoin treasury bear market: consolidation, PIPEs & valuations
- How regulation and lobbying shape the future of corporate Bitcoin
- Risk management, audit oversight & securing Bitcoin as a corporate asset- Pierre’s thoughts on Strive, Strategy, and the path ahead for Bitcoin treasuries
00:00 Introduction: Pierre Rochard
00:44 Building Bitcoin Fixed-Income Products & Educating the Market
01:56 Joining Strive: Profit Maximization, Austrian Economics & Corporate Purpose
05:30 Digital Credit & Perpetual Preferreds
09:24 Audit Oversight, Risk Management & Secure Bitcoin Custody
11:57 Why Bitcoin Treasury Companies Matter for Global Adoption
16:33 Index Exclusions, Value Investing & Why Holding Bitcoin Beats Fiat
24:16 Regulation, S&P 500 Inclusion & How to Win Policy Battles for Bitcoin
34:24 Bitcoin Treasury Bear Market: Valuations, Mergers & Market Psychology
38:03 NAV Compression, AI/Gold Rotations & The Long-Term BTC Thesis
51:15 PIPEs, Reverse Mergers & How to Finance Bitcoin Treasury Growth
58:05 Trading Below NAV & Leverage Strategy
01:03:38 JPMorgan Lending on BTC Collateral & Closing Thoughts
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81
Mentions:
- Pierre Rochard: https://x.com/BitcoinPierre
DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only.
Thank you for listening!
Follow us on:
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In this episode, we break down the latest Strategy (MSTR) update with the new ATM issuance and the preferreds volumes ramping up. We discuss whether Metaplanet could rise from the ashes as one of the most undervalued Bitcoin treasury plays. We also explore the latest Bitcoin short squeeze setup and what it could mean for markets in the weeks ahead.
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81
Mentions:- Jackson Fairbanks: https://x.com/Loonggamma
DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only.
Thank you for listening!
Follow us on:
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Youtube: https://www.youtube.com/@OneChairPod
In this episode, we break down the record-setting $20 billion crypto liquidation and what it revealed about Bitcoin’s resilience and the fragility of altcoins.
We dive deep into the Bitcoin Treasury movement, exploring how companies like Metaplanet, Capital B, and Smarter Web are building sustainable, organic Bitcoin accumulation strategies, while others like Strive, Nakamoto, and Sequans face the fallout of risky PIPE deals.
We also analyze Strategy’s STRC — how it’s maturing into a stable, liquid Bitcoin vehicle — and what this means for the future of corporate Bitcoin stacking.
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81
Mentions:
- Treasury Orange: https://www.youtube.com/@TreasuryOrange
- Tyler Rowe: https://x.com/TylerCompiler
- Treasury Orange with Yves: https://www.youtube.com/watch?v=VIJyfi0Tt7k&t
- Adam Back & Richard Byworth: https://www.youtube.com/watch?v=iUU65dpFA34
DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only.
Thank you for listening!
Follow us on:
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In this episode, we dive into the latest developments in Bitcoin treasuries, STRC preferred shares, and MetaPlanet’s outlook. We discuss the recent dividend increase, price stabilization mechanics, and the potential for ATM issuance. Plus, we cover the impact of Robinhood’s listing, S&P 500 inclusion speculation, and what a bear market could mean for these instruments.We also analyze MetaPlanet’s recent stock moves, the risks of PIPE deals, and how institutional investors may be shaping price action. Finally, we touch on Strategy’s leverage options, the teaser of Project Nova, and Japan’s new Prime Minister’s loose monetary policy as a bullish catalyst for Bitcoin.
00:00 MSTR's STRC Dividend Jump, MetaPlanet Sell-Off & What’s Really Happening Behind the PIPE Deals
01:00 STRC Update: Dividend Hike, Price Range & ATM Activation
04:15 Bear Market Test: Can STRC Stay Stable Under Pressure?
11:26 Metaplanet Stock Update: PIPE Deal Concerns & Retail Impact
18:36 Strategy’s Leverage: Convertible Bonds vs. Preferred Shares
22:42 Project Nova Teaser & Japan’s New Prime Minister Catalyst
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81
Mentions:
- Alexandre Laizet and Richard Byworth: https://www.youtube.com/watch?v=GeRi2TYV2v4
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
Find us on Spotify: https://open.spotify.com/show/2AnTUGs4yjMwUxVSItYyZ2?si=d30ddc54c94741d0
Or on Apple Podcasts: https://podcasts.apple.com/us/podcast/one-chair-podcast/id1831827737
#bitcoin #michaelsaylor #bitcoinpodcast #bitcoinnews #finance #mstr #metaplanet #bitcointreasurycompanies #bitcoinetf #investing #investment #invest #MTPLF #PreferredShares #JapanMarkets
In this episode, we dive into the latest Bitcoin macro signals, the extended cycle debate, and the Bitcoin Treasury bear market hitting companies like Capital B and Metaplanet. We also cover Strategy (MSTR), its profitability streak, and the path to S&P 500 inclusion.
Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81
Mentions:
- One Chair Podcast International: https://www.youtube.com/@OneChairPodInt
- Introducing One Chair Podcast International: https://youtu.be/9OPVQhoM6qQ?si=FNgQjfPmkKUWxKTX
- Raoul Pal ft. Julien Bittel: https://www.youtube.com/live/X_PkXDjeFyM?si=fpShScaIqfS26YwM
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