Bitcoin Alpha E003: Digging Into Microstrategy's Bitcoin Treasury

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8 • 764 Ratings

🗓️ 15 November 2024

⏱️ 95 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

0:00 - Intro

1:34 - Centimillionaire bitcoin allocation

10:20 - ATH & prominent bitcoin-friendly figures

25:28 - Term sheet report

48:13 - Bitcoin Treasury strategy

Transcript

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0:00.0	The following is for informational and entertainment purposes only and should not be construed as financial advice.
0:05.8	This discussion is a presentation by 1031, the leading institutional investor focused on the Bitcoin ecosystem.
0:12.8	1031 has over 10 years of experience in Bitcoin and has deployed nearly $150 million into the leading opportunities in the space. To learn more, visit 1031.v.
0:24.7	Now let's find out what wealthy investors think with Barbara Goodstein, managing partner at R360,
0:29.6	an ultra wealthy community for centi millionaires. Barbara, good morning. Great to have you here.
0:33.8	So last time you hear you wore red, you said it was by accident. This time you said it was on purpose.
0:37.5	So is that a sign of what these centi millionaires think about this election?
0:41.2	Well, that is a sign that Trump won the election, and we think that there is a lot of big news coming.
0:45.6	We had our market opportunities and risk meeting last week, and there's a lot of upside from this win.
0:51.7	All right. So these investors are excited about the win and obviously what it
0:54.5	means going forward. One thing you say they're excited about is Bitcoin. So I mentioned to one of our
0:59.5	earlier guests that Black Rock's Bitcoin ETF and now has more assets under management than their
1:03.7	gold ETF. Of course, we know gold is a safe haven. I know a lot of your investors, they hold gold as
1:08.1	well. What's their sentiment when it comes to Bitcoin? And are they doing it directly or through ETF? We're very high on Bitcoin, and we've been talking
1:15.2	about Bitcoin for the past few years. We recommend doing it directly because you don't pay taxes
1:20.3	if you're doing it directly. So that's a big difference. But we think that Bitcoin could
1:24.4	become the next strategic reserve asset.
1:28.0	So the country now holds 232,000 Bitcoin.
1:32.0	We think that Trump could bump that up to over a million.
1:34.5	Barbara Goodstein, everybody, given that high-quality advice to her sent to a millionaire clients,
1:41.2	gentlemen, looks like this is a weekly show.
1:45.6	Every new all-time high means we've got to do another episode.
	...

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