Metaplanet Panic Has Peaked — Japan’s Bitcoin Trade Is Just Starting

MSTR’s $300 Trillion Bitcoin Playbook Is Coming to Europe

Capital B is preparing to bring the Strategy playbook to Europe, with plans to expand its Bitcoin balance sheet and build a new generation of Bitcoin-backed credit products. In this episode, Alexandre Laizet joins us to explain Capital B’s long-term strategy, its new capital-raising capacity, and why perpetual credit could become the most efficient way for Bitcoin treasury companies to accumulate Bitcoin at scale. We discuss how Capital B plans to increase Bitcoin per share, why it has avoided fiat leverage so far, and what Europe can learn from Strategy and Strive. Alexandre also breaks down the recent stress test for STRC and SATA, why seniority and cash reserves matter, and whether Bitcoin credit can be successfully replicated in European capital markets. He shares his outlook on institutional adoption, the hidden positioning taking place ahead of the next bull market, and why Bitcoin could eventually reach $600,000 and beyond. Whether you’re following Capital B, Strategy (MSTR), Bitcoin treasury companies, STRC, SATA, or the emerging market for Bitcoin-backed credit, this conversation provides a detailed look at where the industry may be heading next. Topics covered: * Capital B’s new capital-raising capacity * Why Capital B wants to replicate the Strategy playbook in Europe * The $300 trillion global credit-market opportunity * How perpetual Bitcoin credit could increase Bitcoin per share * Why Capital B currently has no fiat leverage on its Bitcoin treasury * What STRC and SATA revealed during the recent market stress test * Why seniority, investor protections, and cash reserves matter * Whether Bitcoin-backed credit can work in Europe * Why France could become a hub for European financial innovation * Should Bitcoin treasury companies hold STRC as an operational reserve? * How the Iran conflict affected Capital B’s Abu Dhabi operations * Why institutional Bitcoin adoption is happening silently * How Bitcoin credit could create demand equivalent to two or three halvings * Why institutions may already be positioning for the next Bitcoin bull market * Alexandre’s path from $60,000 Bitcoin to $600,000 and beyond * Why Bitcoin may be the safest way to gain exposure to the AI boom * Capital B’s ambition to build Europe’s largest Bitcoin balance sheet Follow Alexandre Laizet: X: https://x.com/AlexandreLaizet LinkedIn: https://www.linkedin.com/in/alexandre-laizet/ Capital B: https://cptlb.com/ YouTube: https://www.youtube.com/@ALCPB 00:00 Prague Takeaways: The Growing Divide in Bitcoin 04:35 Capital B's €100B Credit Strategy Explained 12:42 How Close Is Capital B to Launching Digital Credit? 13:52 Why Bitcoin-Backed Credit Could Transform Finance 20:57 Bitcoin Convertible Notes vs Perpetual Digital Credit 26:53 Lessons from Strategy & Strive's Digital Credit Products 31:55 What STRC, STRF & SATA Taught the Market 38:15 Can Europe Replicate America's Bitcoin Credit Boom? 41:10 Why Bitcoin Treasury Companies Still Prefer Bitcoin 46:03 Capital B's Cash & Bitcoin Reserve Strategy 52:13 Bitcoin Market Outlook: Are Sellers Finally Exhausted? 57:29 Bitcoin to $300K? Alexandre's Bull Case 01:01:51 Where to Follow Alexandre & Learn More Big thanks to Little Bubble for allowing us to use his song, “One Chair”: https://open.spotify.com/track/0XW7Jg... DISCLAIMER: This is not financial advice. This podcast is for educational and entertainment purposes only. Thank you for listening! Follow us on X: https://x.com/OneChairPod YouTube: https://www.youtube.com/@OneChairPod Referral links: Roxom: https://roxom.com/auth/signup?referral=a7m4wx

MSTR Sold 3,588 BTC — Then Bitcoin Went Up

Strategy just sold 3,588 Bitcoin, Bitcoin treasury stocks are under pressure, and a new battle is unfolding between corporate Bitcoin adoption and hedge funds.In this episode, Richard Byworth joins us to break down Strategy's latest Bitcoin sale, why the market reacted positively, and how Bitcoin treasury companies are evolving. We discuss Michael Saylor's capital markets playbook, why defending a 1.0 mNAV matters, and how companies like Strategy, Metaplanet, and XCE Connecting Excellence are reshaping corporate finance. Richard also shares his views on digital credit, Switzerland's Bitcoin treasury landscape, nation-state Bitcoin adoption, and why he believes the next phase of Bitcoin adoption will be driven by capital markets rather than retail investors. Whether you're following Strategy (MSTR), Metapanet, Bitcoin treasury companies, or the future of Bitcoin-backed financial products, this conversation is packed with insights you won't hear anywhere else. Topics covered: - Why Strategy sold 3,588 BTC and why the market liked it - Michael Saylor's evolving Bitcoin treasury strategy - Why defending a 1.0 mNAV matters - How hedge funds attack Bitcoin treasury companies - Strategy's new capital allocation framework - Metaplanet and the next generation of Bitcoin treasury companies - Why Switzerland is falling behind on Bitcoin treasury adoption - Digital credit and the future of Bitcoin-backed financial products - Nation-state Bitcoin adoption and sovereign Bitcoin reserves - Richard Byworth's outlook on Bitcoin's next major move Follow Richard Byworth: - X: https://x.com/RichardByworth - BYZ Partners: https://byzpartners.com/ 00:00 Richard's Bitcoin Journey: From Gold Bug to Bitcoin Maximalist 05:44 Why Sapiens Orange-Pilled Richard (Unexpected Origin Story) 07:00 How Michael Saylor Created the Bitcoin Treasury Revolution 10:37 Understanding Convertible Bonds (Why Most Investors Miss This) 12:43 Strategy SOLD 3,588 BTC... Why the Market Loved It 16:47 Why Bitcoin Treasury Stocks Are So Hard to Value 18:14 Did Strategy Sell Bitcoin to Improve Its Credit Rating? 19:22 Why Every Bitcoin Treasury Should Defend a 1.0 mNAV 25:10 Are Traders Manipulating STRC & SATA? 27:44 Strategy's New Playbook: Less Transparency on Purpose? 29:24 Best Bitcoin Treasury Stocks Outside Strategy 35:39 Why Switzerland Rejected a Bitcoin Treasury Listing 39:01 When Will Digital Credit Come to Europe? 41:27 Richard's New Bitcoin Hedge Fund Explained 45:52 Nation States Are Quietly Preparing for Bitcoin 50:00 Is Bitcoin's Bottom Already In? Richard's Market Outlook 50:59 The Return of Richard's Podcast & Where to Follow Him Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81 DISCLAIMER: This is not financial advice. This podcast is for educational and entertainment purposes only. Thank you for listening! Follow us on: - X: https://x.com/OneChairPod - Youtube: https://www.youtube.com/@OneChairPod Referral links: - Roxom: https://roxom.com/auth/signup?referral=a7m4wx

Metaplanet Panic Has Peaked — Japan’s Bitcoin Trade Is Just Starting

Metaplanet is getting crushed, Strategy (MSTR) is under pressure, and Bitcoin treasury stocks are being stress-tested in real time. In this episode, Peter Duan joins us to break down what’s really happening across Bitcoin treasury companies, why Metaplanet may have a unique advantage in Japan, and how Strategy’s preferred shares like STRC and STRF are changing the market narrative. We discuss Michael Saylor, MSTR, Metaplanet, Bitcoin preferred shares, hedge funds, investor communication, Japan’s low interest rate environment, and whether the current panic could mark the beginning of a much bigger Bitcoin treasury trade. Topics covered: - Why Metaplanet's recent selloff may be creating opportunity - Strategy (MSTR) and the future of Bitcoin treasury companies - Michael Saylor's communication strategy - STRC, STRF, and Bitcoin preferred shares explained - Why hedge funds are targeting Bitcoin treasury products - Japan's unique advantage for Bitcoin treasury companies - Institutional adoption of Bitcoin - How Bitcoin treasury companies survive bear markets - Investor communication and corporate strategy - The future of Bitcoin-backed financial products Follow Peter Duan: - X: https://x.com/BTCBULLRIDER 00:00 Introduction to Peter Duan and Bitcoin Journey 03:28 Discovering Strategy (MSTR) & Bitcoin Treasury Companies 04:24 Why Peter Created Bull Standard 06:50 Did Anyone Expect Bitcoin Treasury Stocks to Crash This Hard? 09:26 Is Strategy (MSTR) Failing Its Investors? 12:59 The Biggest Communication Mistake Michael Saylor Made 15:37 Why Strategy Should Stop Making Changes 18:10 What Strategy MUST Do Next 20:02 Why Metaplanet Could Be the Biggest Winner 25:06 The Secret Advantage Only Metaplanet Has 27:17 Could Metaplanet Finance U.S. Bitcoin Treasury Companies? 30:16 Are Hedge Funds Crushing STRC, STRF & Bitcoin Preferreds? 36:11 Why Bitcoin Preferred Shares Could Stay Volatile 38:00 Should Strategy Sell Bitcoin to Save Preferred Shares? 43:02 The Most Underrated Bitcoin Treasury Companies 45:22 Why Smarter Web Is Winning the Communication Game 47:38 What's Wrong With Bitcoin Twitter Right Now? 48:26 The Massive Opportunity Nobody Is Talking About Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81 DISCLAIMER: This is not financial advice. This podcast is for educational and entertainment purposes only. Thank you for listening! Follow us on: - X: https://x.com/OneChairPod - Youtube: https://www.youtube.com/@OneChairPod Referral links: - Roxom: https://roxom.com/auth/signup?referral=a7m4wx

MSTR Liquidation Panic Is Back — But the Math Says No

Strategy (MSTR) has announced major updates that could significantly impact both common shareholders and preferred investors. In this episode, we break down the company's new USD Reserve Policy, STRC dividend changes, Bitcoin monetization program, and share repurchase plans, and explain what these decisions mean for Strategy's future. We also discuss whether the recent market panic is justified, why many investors misunderstand Strategy's balance sheet, and whether fears of liquidation have any basis in reality.In this video: ✅ Strategy's new $2.55B USD Reserve Policy ✅ Why STRC's dividend increased to 12% ✅ The new Bitcoin monetization program explained ✅ Preferred share & MSTR stock buyback authorization ✅ Did Strategy make a costly mistake? ✅ Is MSTR really at risk of liquidation? ✅ Bitcoin ETF outflows and current market sentiment ✅ What happens next for Strategy and Bitcoin investors 00:00 Overview: Everything Strategy just changed 03:16 New USD Reserve Policy explained 05:38 Why rebuilding the reserve matters 09:11 STRC dividend policy changes 12:54 Preferred share & MSTR buyback program 14:34 Bitcoin monetization: Why Strategy may sell BTC 16:15 Debunking the biggest MSTR misconceptions 19:57 Bitcoin, ETF outflows & what's next Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81 DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only. Thank you for listening! Follow us on: - X: https://x.com/OneChairPod - Youtube: https://www.youtube.com/@OneChairPod Referral links: - Roxom: https://roxom.com/auth/signup?referral=a7m4wx

MSTR’s Biggest Signal Isn’t on the Chart

Can AI detect when Bitcoin is about to top or bottom? In this episode of the One Chair Podcast, I sit down with Michael Sullivan, author of Blood of the Bourgeoisie and creator of one of the most fascinating AI-driven Bitcoin sentiment analysis models in the space. Michael explains how he analyzes millions of words from Bitcoin Twitter (X) to measure emotions like fear, greed, optimism, conviction, desire, anger, and excitement—revealing patterns that traditional indicators completely miss. We also dive into the psychology behind Bitcoin Treasury companies, why mNAV is largely driven by sentiment, and how companies like Strategy (MSTR), Metaplanet, Strive, 21 Capital, and SmarterWeb compete for mindshare in the Bitcoin ecosystem. If you're interested in Bitcoin, AI, investing, market psychology, or Bitcoin Treasury companies, this conversation is packed with insights you won't hear anywhere else. In this episode: ✅ How AI analyzes Bitcoin sentiment ✅ Why Bitcoin veterans think differently from newcomers ✅ Can language predict Bitcoin market tops and bottoms? ✅ Why Bitcoin Twitter feels so divided today ✅ Michael Saylor's four types of Bitcoiners explained ✅ The psychology behind Bitcoin Treasury company valuations ✅ Which Bitcoin Treasury companies dominate the narrative ✅ How emotions drive mNAV more than fundamentals ✅ Why today's bearish sentiment could actually be bullish Follow Michael Sullivan: - X: https://x.com/SullyMichaelvan - Substack: https://sentimentsully.substack.com/ 00:00 Michael's Bitcoin Journey: From Skeptic to Author & Researcher 02:20 Why Every Bitcoiner Should Read Blood of the Bourgeoisie 05:38 The Idea That Started Bitcoin Sentiment Analysis 08:43 How AI Measures Bitcoin Emotions Through Language 10:56 The Hidden Difference Between Bitcoin Veterans & Newcomers 13:22 Can AI Detect Sarcasm, Ragebait & Fake Narratives? 15:58 How AI Classifies Every Type of Bitcoiner 17:42 Bitcoin's Four Tribes Explained (Saylor's Framework) 19:57 Why Bitcoin Twitter Feels Like a Civil War Right Now 22:43 Why Bitcoin Conferences Feel Completely Different From X 25:19 Is Bitcoin Treasury mNAV Pure Market Psychology? 30:24 What Bitcoin Treasury Investors Are Really Feeling 33:31 Tracking the Mood of Individual Bitcoin Narratives 36:01 Could AI Predict Bitcoin Market Tops? 39:29 Why Almost Nobody Is Doing This Research Yet 41:16 Which Bitcoin Treasury Stocks Michael Is Watching 43:56 Why Today's Bearish Sentiment Might Be Bullish 45:23 Where to Follow Michael's Research Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81DISCLAIMER: This is not financial advice. This podcast is for educational and entertainment purposes only. Thank you for listening! Follow us on: - X: https://x.com/OneChairPod - Youtube: https://www.youtube.com/@OneChairPod Referral links: - Roxom: https://roxom.com/auth/signup?referral=a7m4wx