The Future of Bitcoin Treasury Companies | Phong Le & David Bailey
The Pomp Podcast
Anthony Pompliano
4.6 • 2K Ratings
🗓️ 3 March 2026
⏱️ 30 minutes
🧾️ Download transcript
Summary
Phong Le is CEO of Strategy (formerly MicroStrategy), and David Bailey is CEO & Chairman of KindlyMD. This conversation was recorded live at Bitcoin Investor Week in New York. In this conversation, we discuss Strategy’s evolution from a bitcoin holding company to a leveraged treasury and now a digital credit platform, including the launch of its perpetual preferred product designed to offer bitcoin exposure with lower volatility and yield. We also cover capital markets strategy, competition among bitcoin treasury companies, macro impacts, and bitcoin’s continued integration into Wall Street and global finance.
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- 0:00 - Intro
- 0:25 - Strategy’s three phases of buying bitcoin
- 7:04 - Bitcoin’s graduation into Wall Street & traditional finance
- 10:11 - Macro economy & Fed policy
- 12:01 - Would they ever sell their bitcoin holdings?
- 15:26 - Bitcoin, government policy, & political adoption
- 19:52 - The responsibility of running a public bitcoin company
- 26:35 - The future of bitcoin treasury models & consolidation
Transcript
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