The executive network for businesses building with Bitcoin. We help companies integrate Bitcoin with clarity and connect them w/ the partners to execute.
ON THE BFC STREAM ☀️ FRIDAY, SEPTEMBER 25TH 📺
⏰ Start the day with institutional insight from the people actually doing the work.
NOW PLAYING:
9a: Bitcoin Is the Apex Capital - Corporations Need It | @AdamBLiv
9:20a: Multifamily Is in a 2008 Moment. Ken McElroy Explains Why | @MDisruptors
10:22a: Capital Formation & Investor Relations featuring @OGAdvisors, @Bitfire, @CSOP_AML & @waterdripfund
DON’T MISS:
12:23p: @hillery_dan Joins the Show | BFC Show #40
All times Eastern. All things Bitcoin. 👇
nitter.net/i/broadcasts/1pKkOXLmN…
JUST IN: Strive preferred stock traded enough volume to buy 1,400 Bitcoin this week, worth $117M
• Strive can issue $SATA shares at $100.
$ASST on fire!
TODAY: @Strive estimated to have acquired ~180 BTC via its $SATA ATM through midday. Sixth straight day above par for the preferred stock.
➤ $32M volume
➤ 86% of volume above $100
➤ $14.9M in proceeds at 56% capture
Dividends would accrue every calendar day, including weekends and holidays, and be paid the next business day, with annual economics unchanged.
The proposal is designed to reduce reinvestment lag, improve liquidity, and support price stability.
Dividends would accrue every calendar day, including weekends and holidays, and be paid the next business day, with annual economics unchanged.
The proposal is designed to reduce reinvestment lag, improve liquidity, and support price stability.
Strategy is proposing daily dividends on $STRF, $STRC, $STRK, and $STRD, accruing every calendar day, including weekends and holidays, and paid the next business day, with economics unchanged. The proposed changes aim to support price stability, liquidity, and demand.
A perpetual preferred is supposed to be permanent capital. Strategy has been buying STRC back every week.
@hillery_dan of @UTXOmgmt on why supporting the instrument comes before the marginal coin, with @BitcoinPierre.
The Bitcoin for Corporations Show, Ep 40.
0:00 The $16 Billion Credit Problem
2:09 Why Buy Back Permanent Capital
6:13 Dividend Rate or Cash Reserve
13:48 Making the Market at Par
21:29 SATA, Strive and Scale
29:27 Is the Bitcoin Bottom In
43:04 Tranching Digital Credit
Bitcoin-backed lending rates are too high for where the market will end up, says @RaphaZagury of @twentyone. Wall Street's hesitation is part of why.
In this clip from their fireside chat, Rapha tells @tylev of @UTXOMgmt how his old Goldman bankers, who financed his unsecured consumer loans in Brazil, called a bitcoin-backed credit fund "too risky."
From the BFC Hong Kong Symposium at @BitcoinConfAsia.
In the past 5 trading days, spot Bitcoin ETFs bought 9.97× the new supply miners produced:
🟢 ~$2.7B in net inflows
🟢 +$5.0B over the last 30 trading days
🟢 1,276,119 BTC held across 12 funds ($109B AUM)
Financial engineering built the first wave of public bitcoin companies. Operating businesses may build the next.
Can a bitcoin company run the Berkshire Hathaway playbook? What should investors measure when the benchmark is bitcoin itself?
@RaphaZagury of @twentyone and @tylev of @UTXOMgmt on leading a market-defining Bitcoin company, at the BFC Hong Kong Symposium at @BitcoinConfAsia.
0:00 Balance Sheet Isn't a Business
2:20 Beyond Financial Engineering
5:01 Measuring Value in Bitcoin Terms
7:37 The Case for Mining
10:26 Bitcoin as Permanent Capital
14:23 Buying in a Bear Market
17:56 Wall Street vs. Bitcoin Lending