🧭 MSTR True North episode 57:
🎛️ As of this recording, 3/5/26, Strategy's (MSTR) performance:
* Open: $143.83
* Close: $146.44
* Volume: 37.4M Shares
* mNAV: ~1.22
* Market Cap: ~ $48.9B
* U.S. Market Cap Ranking: ~#220
* BTC: 720,737
⏱️ TIMESTAMPS & INSIGHTS:
* 00:00:00 - Intro agenda framing: NFA context and True North overview
* 00:02:50 - True North Event Insights: Global investors discuss Bitcoin credit innovation
* 00:10:20 - Bitcoin Gravity Trade: Macro capital flows toward BTC strategies
* 00:14:17 - Bitcoin Credit Flywheel: STRC demand potentially driving $1M BTC
* 00:17:01 - Capital Structure Strategy: Bitcoin buybacks and amplification dynamics
* 00:23:48 - Capital Stack Instruments: Strike and STRD positioning within Strategy credit structure
* 00:28:10 - Credit Risk Mispricing: Markets misunderstanding STRC capital stack
* 00:30:18 - Geopolitical Macro Signals: Conflict uncertainty and capital deployment
* 00:35:34 - Policy Catalysts: Regulatory shifts supporting Bitcoin adoption
* 00:39:00 - MSTR STRC Trading Pair: Rotating equity and credit exposure
* 00:42:00 - Corporate Treasury Strategy: Companies adopting STRC as high-yield cash reserve
* 00:48:25 - Bond Market Disruption: Digital credit liquidity vs traditional prefs
* 00:55:49 - Private Credit Trap: Illiquidity risk and locked capital
* 00:59:31 - Bitcoin Analytics Tools: STRC dashboards and yield calculators
* 01:03:46 - AI Risk Pricing: Machines reallocating capital toward digital credit
* 01:10:21 - Corporate Bitcoin Treasuries: BTC balance sheets improving credit access
* 01:15:16 - Institutional STRC Demand: Desks and buyers driving issuance
* 01:16:57 - Downside Protection Trade: STRC put strategy for asymmetric yield
* 01:21:45 - Digital Equity Model: Bitcoin capital vs credit volatility transfer
* 01:25:05 - Market Cycle Timing: Navigating bull and bear uncertainty
* 01:28:57 - Perpetual Funding Model: Financing projects with infinite duration capital
* 01:31:55 - Monetary Debasement Hedge: Stretch as non-debasing capital instrument
* 01:35:22 - Institutional Education Gap: Comparing digital credit to legacy bonds
* 01:37:30 - STRC Adoption Curve: Path toward $300B preferred market scale
* 01:40:29 - Credit First Strategy: Saylor prioritizes balance sheet strength
* 01:42:47 - Capital Amplification Engine: Digital credit expanding Bitcoin exposure
* 01:44:28 - Banking Infrastructure Shift: Wall Street adapting to crypto capital
* 01:47:28 - Banking System Pressure: Bitcoin reserves challenging traditional rehypothecation model
* 01:52:02 - Control System Debate: AI, stablecoins, and financial surveillance
MSTR TRUE NORTH LINKS:
* True North Website: https://www.mstrtruenorth.com
* X: https://x.com/MSTRTrueNorth
* 🛒 MERCH: https://thehodlshop.com/collections/true-north
* Youtube: @MSTRTrueNorth
MSTR Links:
* https://www.mstr-tracker.com
* https://robinhood.com/us/en/stocks/MSTR/
Disclaimer: The content in this video is for informational and educational purposes only and should not be considered financial advice. We are not financial advisors, and you should consult with a qualified professional before making any financial decisions. All investments involve risks, and you are responsible for your own decisions.
• True North does not intend for anything herein to be considered an offer or sale of any securities, including those of Strive. True North encourages listeners to consult with their tax and investment advisors. Additional information on any securities or issuers referenced herein can be found in such issuers’ filings with the Securities and Exchange Commission (“SEC”), including any registration statements, prospectuses and prospectus supplements for each issuers’ securities. Listeners should read such documents and other documents incorporated by reference therein or that such issuer has filed with the SEC for more complete information. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
- Any securities referred to herein, including those of True North’s parent Strive, are not collateralized by underlying bitcoin holdings and may be subordinated to senior claims. There are no guarantee of returns liquidity or future performance. The securities referred to herein are neither bank deposits, nor FDIC insured, nor regulated in the same way, and do not have the same regulatory and other protections as bank accounts, money market funds, treasuries, or similar investments and as a result may not be comparable investments. Current trading prices and effective yields may vary, current rates are not indicative of future rates, and in some cases rates are subject to frequent adjustments and may be significantly lower than discussed herein. Cash dividends are not guaranteed. In some cases, dividends have not been paid and may not be paid in the future. Ownership of securities referred to in herein does not confer ownership in the underlying assets, including bitcoin.