Episode 31 – Wall Street Digital Gold Rush

True North – Episode 31 – Wall Street Digital Gold Rush

2:01:34 | June 25, 2025

🧭 MSTR True North Episode 31:
Led by Captain Solei, the crew dives deep into Bitcoin treasury strategies, convertible notes, market sentiment, and global investment dynamics—from the U.S. to Japan. This is your all-access breakdown of how BTC-backed corporate finance is evolving across continents.

🎛️ 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: conditions & strategic selectivity
• 00:12:51 – Expanding the BTC economy: acquisitions & multiples
• 00:17:15 – Tools for LBE growth: scaling strategy & long-term vision
• 00:21:46 – Leverage mechanics: capital structure & BTC price swings
• 00:26:15 – Debt risk: secured vs unsecured & liquidation exposure
• 00:30:36 – Bailouts: can major holders buffer contagion?
• 00:35:49 – Takeovers: activist strategies in distressed cycles
• 00:39:30 – MetaPlanet: case study in Bitcoin treasury success
• 00:47:05 – BTC strategies: treasury vs simple holding
• 00:52:40 – Sentiment drivers: buybacks, NAV defense, signals
• 00:56:55 – Float: dilution, buybacks, and S&P 500 inclusion
• 01:10:14 – Investor types: technical vs fundamental
• 01:17:23 – Catalysts: regulatory deadlines & BTC triggers
• 01:20:08 – $STRK, $STRD, $STRF: product insights & BTC upside
• 01:28:04 – BTC Prague 2025: conference, Lightning, adoption
• 01:33:00 – Euro/Japan markets: cultural lag & tax advantages
• 01:38:33 – U.S. retail edge: accessibility & tools
• 01:41:05 – Treasury niche: MSTR’s presence in Prague
• 01:45:00 – S&P 500 qualification: eligibility by the numbers
• 01:47:50 – Moon math: modeling market targets
• 01:51:00 – IBIT/MSTR: trendline insights
• 01:55:50 – Final thoughts

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.