4.8 • 764 Ratings
🗓️ 29 January 2025
⏱️ 77 minutes
🧾️ Download transcript
Marty sits down with Jeff Walton to discuss Microstrategy's preferred stock offering.
Jeff on Twitter: https://x.com/PunterJeff
MSTR True North: https://x.com/MSTRTrueNorth
0:00 - Intro 0:36 - Explaining Microstrategy's preferred stocks 7:14 - Making use of volatility 13:58 - Fold & Bitkey 15:54 - Everything changes when insurance catches on 25:34 - Real estate insurance 29:04 - Unchained 30:05 - First mover companies 33:16 - The strategy is misunderstood, but the tide is turning 38:22 - What happens to MSTR's value 44:14 - The most hated trade 48:09 - Too much bitcoin? 53:17 - Is Microstrategy going to be the only player? 56:09 - Bitcoin weaponizes greed 1:05:31 - Will the 4 year cycle be disrupted? 1:08:37 - How it’s been for Jeff 1:12:24 - Bitcoin yield 1:15:44 - Wrap
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Click on a timestamp to play from that location
0:00.0 | You've had a dynamic where money has become freer than free. |
0:10.0 | If you talk about a Fed just gone nuts, all the central banks going nuts. |
0:16.0 | So it's all acting like safe haven. |
0:18.0 | I believe that in a world where central bankers are tripping over themselves to devalue their currency, |
0:24.4 | Bitcoin wins. |
0:25.3 | In the world of fiat currencies, Bitcoin is the victor. |
0:29.2 | I mean, that's part of the bold case for Bitcoin. |
0:31.8 | If you're not paying attention, you probably should be. |
0:36.3 | Sometimes the universe just works in incredible ways. |
0:40.3 | This is, I believe we've had this on the schedule two previous days before we both had to move things around because things popped up. |
0:48.3 | But we meet here today, Monday, January 27th. |
0:52.3 | It's because the universe was just waiting for this new micro |
0:56.4 | strategy preferred stock offering to hit the market. Big day to be speaking with you, Jeff. |
1:01.2 | Absolutely. I mean, so many things going on. This is one of the most exciting equities in all |
1:07.7 | of finance. And I think this is the biggest story in all of financial history. |
1:11.4 | So yeah, exciting day to be chatting. Well, I guess before we jump into the preferred stock |
1:16.5 | offering, why do you believe that? The most exciting time, most exciting equity. |
1:22.9 | I think it's the most exciting equity in all of finance because there's never been a situation |
1:28.8 | quite like it. |
1:29.8 | I don't think there's ever been a, actually there's never been a company that has completely |
1:35.7 | shifted their treasury to a different commodity, right? |
1:40.1 | You know, all of most of finance as we know it or most of the equity market as we know it has a |
... |
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