Episode 25 – T’was the night before earnings

$MSTR True North Episode 25 – T’was the night before earnings

1:31:39 | Apr 30, 2025

🧭 MSTR True North Episode 25: The team dives into market trends, an MSTR Q1 earnings preview, and insights from the recent Bitcoin for Corporations event hosted by Bitwise.

🎛️ As of this recording, 4/30/25, Strategy’s (MSTR) performance:

• Open: $373.78
• Close: $380.11
• Volume: 13,713,700 shares
• mNAV: 2.13
• Market Cap: $103.74B
• U.S. Market Cap Ranking: 86
• BTC: 553,555

⏱️ Timestamps & Insights:

• 00:00:00 – Kickoff: Back from Bitwise, upcoming MSTR TN World and Agenda
• 00:03:30 – Swan’s getting to Werk: Ben’s new CIO role
• 00:07:17 – MSTR TN World: Latest updates from the team
• 00:14:13 – MSTR by the Numbers: BTC holdings, leverage ratio and capital position
• 00:19:30 – Narrative Shift: From ETF doubts to MSTR dominance and growing moat
• 00:24:00 – Investing Strategy: Picking BTC treasury companies
• 00:27:01 – MSTR’s Moat: Why competitors can’t catch up
• 00:30:42 – Trust and Debt: Why MSTR is built on a network of trust
• 00:34:40 – Credit Spreads: Relative risk comparisons for $MSTR vs others
• 00:42:35 – Meeting Saylor: Converts, marketing and insights
• 00:47:52 – Market Maturity: New derivative products and options
• 00:53:00 – Bitcoin Flywheel: Ecosystem growth, financialization and cooperation
• 01:07:20 – Corporate BTC: How adoption could spread fast
• 01:13:06 – Earnings Preview: Mark-to-market impact and Q1 outlook
• 01:18:13 – Future Forecast: MSTR as a top-10 stock if BTC hits $150K
• 01:22:04 – S&P 500 Talk: What MSTR inclusion could mean
• 01:24:00 – Final Words: Event prep, gratitude, and next steps

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.