• Episode 33

    Episode 33 – Inject the Bitcoin Volatility Virus

    Published On: July 16th, 2025

    True North - Episode 33 - Inject the Bitcoin Volatility Virus

    Agenda: 1. $MSTR Leverage update & Q3 update 2. General lay of the land - Early, Very Early 3. Earnings comps & estimates 4. Convert / Prefs (Spreads / Volume / Delta) - Dan H. 5. S&P 500 debate & projections 6. Moon math? 7. Etc (Chanos basis trade, USG, BTC treasury co landscape)

  • Episode 32 - Rewiring the Credit Curve

    Episode 32 – Everything’s Computer… Credit

    Published On: July 9th, 2025

    True North - Episode 32 - Everything's Computer Credit

    1. $MSTR Leverage update & Q3 update ($14B Fair Value Appreciation in Q2) 2. CONVERTIBLE Preferred Equity (Dive in) 3. Pref ceiling? 4. Market Landscape / Architecture 5. S&P 500 debate 6. Etc & questions

  • Episode 31

    Episode 31 – Wall Street Digital Gold Rush

    Published On: June 25th, 2025

    True North - Episode 31 - Wall Street Digital Gold Rush

    Agenda: 1. $MSTR update & Leverage tracking 2. $STRD / $STRF / $STRK - Have we seen the last CB for MSTR? 3. BTC Prague update 4. BTC treasury and ETF tsunami 5. AI + Bitcoin = Abundance vs AI - Bitcoin = Overlords 6. Etc & questions (War mini dip, Fed, Nodes)

  • Episode 30

    Episode 30 – Power of Collateral

    Published On: June 18th, 2025

    True North - Episode 30 - Power of Collateral

    Agenda: 1. $MSTR Leverage update 2. Market sentiment 3. Bitcoin use cases - Collateral 4. BTC Yield as a concept 5. S&P 500 tracker 6. Etc & questions (Fixed Income, Fed, War, Nodes)

  • Episode 29

    Episode 29 – Fishing for the Fixed Income

    Published On: June 11th, 2025

    True North - Episode 29 - Fishing for the Fixed Income Market

    Agenda: 1. $MSTR Leverage update & Quadruple Threat ATM 2. BTC Treasury Co update 3. $STRD IPO & $STRF / $STRK / $STRD Credit Spreads 4. PEG Ratios vs. Mag7 & Scale 5. S&P 500 tracker & Market Bewilderment 6. Fixed Income review

  • Episode 28

    Episode 28 – $STRDing toward BTC Fixed Income

    Published On: June 4th, 2025

    True North - Episode 28 - $STRDing toward BTC Fixed Income

    Agenda: 1. $MSTR update & Leverage tracking 2. $STRD / $STRF / $STRK - The Capital Stack & Quadruple threat ATM 3. BTC Conference - chat 4. BTC treasury revolution - Merger arb & structure 5. Etc (Moat, Cycle theory, S&P 500, BTC lending products, equity vs debt, $TSLA / Elon / Doge, BTC monopoly, etc)

  • Episode 27

    Episode 27 – BTC Opportunity Cost EVERYWHERE

    Published On: May 21st, 2025

    True North - Episode 27 - BTC Opportunity cost EVERYWHERE

    Agenda: 1. BTC PRICE DISCOVERY! 2. Metaplanet LIMIT UP 3. Market update / Straw man & Steel man 4. BTC treasury revolution - Rewriting finance (Metrics) 5. $MSTR Q2 earnings & S&P 500 6. $STRK & $STRF primer 7. $STRK vs Real Estate / Fixed Income

  • Episode 26

    Episode 26 – Capital Gravity Converging & Teeth Scarcity

    Published On: May 14th, 2025

    True North - Episode 26 - Capital Gravity Converging & Teeth Scarcity

    Agenda: 1. $MSTR Leverage update & BTC buys 2. True North World & Strategy World takeaways 3. S&P 500 - Horizon & Scale (Math) 4. Financial Times video & thoughts 5. BTC Treasury Companies 6. $STRK & $STRF (Making a market) 7. Etc

  • Episode 25

    Episode 25 – T’was the night before earnings

    Published On: April 30th, 2025

    True North - Episode 25 - T'was the night before earnings

    Agenda: 1. $MSTR Stats update 2. Strategy World & True North World 3. Bitwise Event in NYC (last week) 4. MSTR Earnings prep 5. Etc

  • Episode 24

    Episode 24 – The Bitcoin Orchestra

    Published On: April 16th, 2025

    True North - Episode 24 - The Bitcoin Orchestra

    Agenda: 1. $MSTR Leverage update 2. Strategy World & $MSTR True North World 3. Bitcoin Orchestra & Financial Harmony 4. Mortgage Backed Securities timeline 5. De*oupling 6. Etc (Liquidity, TARP, Powell, PANIC)