W
We Study Billionaires - The Investor’s Podcast
Guest
Join us as Jeff Walton unpacks MicroStrategy's innovative financial strategies, including leveraging Bitcoin volatility, issuing convertible bonds, and building a balance sheet of permanent capital. We dive into valuations, ETF dynamics, accretive dilution, and what it means to be the "bank of the future."
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:49 - What "capturing the spread" means in MicroStrategy's strategy.
02:32 - The difference between issuing convertible notes and common stock.
06:26 - An explanation of accretive dilution and its role in corporate strategy.
09:44 - How MicroStrategy's Bitcoin holdings position it as a "bank of the future."
20:52 - Insights into constructing a leveraged balance sheet with permanent capital.
23:04 - Why MicroStrategy issued two consecutive convertible bonds.
28:49 - How Michael Saylor's "Bitcoin nuclear reactor" concept reshapes volatility.
39:47 - The impact of entering the NASDAQ and index weighting on stock performance.
48:33 - Metrics to consider when starting a position in MicroStrategy or Bitcoin.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
SPONSORS
Support our free podcast by supporting our sponsors:
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Continue reading...
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:49 - What "capturing the spread" means in MicroStrategy's strategy.
02:32 - The difference between issuing convertible notes and common stock.
06:26 - An explanation of accretive dilution and its role in corporate strategy.
09:44 - How MicroStrategy's Bitcoin holdings position it as a "bank of the future."
20:52 - Insights into constructing a leveraged balance sheet with permanent capital.
23:04 - Why MicroStrategy issued two consecutive convertible bonds.
28:49 - How Michael Saylor's "Bitcoin nuclear reactor" concept reshapes volatility.
39:47 - The impact of entering the NASDAQ and index weighting on stock performance.
48:33 - Metrics to consider when starting a position in MicroStrategy or Bitcoin.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Check out all the books mentioned and discussed in our podcast episodes here.
- Enjoy ad-free episodes when you subscribe to our Premium Feed.
NEW TO THE SHOW?
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
- Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok.
- Check out our Bitcoin Fundamentals Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- Enjoy exclusive perks from our favorite Apps and Services.
- Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
- Hardblock
- SimpleMining
- Unchained
- The Bitcoin Way
- Found
- Fintool
- Bluehost
- Vanta
- Fintool
- PrizePicks
- Onramp
- TurboTax
- Fundrise
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Continue reading...