Is Strategy Really the Next Terra Luna?
The Breakdown
Blockworks
4.8 • 806 Ratings
🗓️ 22 June 2026
⏱️ 28 minutes
🔗️ Recording | Apple Podcasts | RSS
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| 0:00.0 | Welcome back to the breakdown, everybody. I'm your host, David Tanlis, as always. |
| 0:04.0 | Today we're going to be looking at strategy because I'm seeing so many takes out there that |
| 0:08.0 | strategy is the next Terra Luna, that it's all going to implode, that it's a Ponzi or whatever. |
| 0:13.1 | So why not take a look at the differences between what Terra Luna did and was compared to |
| 0:18.5 | what strategy and the stretch preferred stocks and so on are. |
| 0:22.6 | And yeah, let's see if there's any similarities, any differences, what the risks really are, |
| 0:27.9 | at least as we can determine them on this particular podcast and so on. |
| 0:31.6 | So without further ado, let's get to it. |
| 0:33.6 | This is The Breakdown. |
| 0:40.3 | Nothing said on The Breakdown is is The Breakdown. Nothing said on the breakdown is a recommendation to buy or sell securities or tokens. |
| 0:43.5 | This podcast is for informational purposes only and any views expressed by anyone on the show |
| 0:46.7 | are opinions, not financial advice. |
| 0:48.1 | Host and guests may haught positions in the company's funds or projects discussed. |
| 0:50.8 | Okay, so first, I mean, this video came out at the end of last week and it just kind |
| 0:55.3 | of sets the scene for some of the market tension going into this week now that I think |
| 1:01.6 | it's two or three weeks now that Stretch has traded under its $100 target. |
| 1:07.4 | It's currently at about 8,950 just before the market opens on Monday morning. But yeah, |
| 1:12.7 | let's just take a look at this really quickly. When we did stretch, you know, I designed all |
| 1:18.5 | these with AI, you know, I couldn't have done it myself. I literally said, and I used artificial |
| 1:23.0 | intelligence and I went back and forth with the AI for a few hours. |
| 1:31.8 | So you were just on CATTPT, just like the rest of us, figuring out how to design these different offerings. |
| 1:33.8 | And arguing with it and saying, can I do this? |
... |
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