True North Podcast

🧭 MSTR True North episode 43: This episode breaks down return of capital investing, credit ratings, risk underwriting, and structured yield products - framed around macro signals, mNAV, capital allocation, and long-term value. 🎛️ As of this recording, 10/29/25, Strategy's (MSTR) performance:

SOCIAL MEDIA:

🧭 MSTR True North episode 50: 🎛️ As of this recording, 1/7/26, Strategy's (MSTR) performance:

⏱️ TIMESTAMPS & INSIGHTS: 00:00:00 - Intro: NFA, agenda and True North overview Be part of the True North In-Side Event experience. Tickets available here: 👉 https://luma.com/tnb4c26 Strategy World sign-up: https://www.strategysoftware.com/worl… Use discount code TrueNorth for 20% off your registration—just a little bonus for our True North community. MSTR TRUE NORTH LINKS:

🧭 MSTR True North episode 47: The crew covers the recent news on the USD reserves, preferreds, mNAV, leverage, credit markets, solvency ratios, macro stress, and why Strategy’s balance sheet strengthens despite volatility. 🎛️ As of this recording, 12/03/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 46: The team hosts an early call on Wednesday to address the latest digital credit and BTC treasury catalysts. Highlights include MSCI index, JP Morgan structured notes, MNAV math, capital structure engineering, and the growing shift toward institutional Bitcoin adoption and treasury allocation. 🎛️ As of this recording, 11/26/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 50: The crew does a deep dive into Bitcoin treasury strategy, mNAV, leverage, and capital structure. The discussion includes a healthy debate about ATM issuance, liquidity, credit, and short risk, then zooms out to macro shocks, pensions, and Bitcoin’s role in capital allocation. 🎛️ As of this recording, 1/7/26, Strategy's (MSTR) performance:

🧭 MSTR True North episode 49: This week the crew highlights their experience at Bitcoin Mena, status of sovereign adoption, balance sheet leverage, mNAV, digital credit, AI capital shifts, and why patient capital wins when price disconnects from value in Bitcoin and equity markets.🎛️ As of this recording, 12/17/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 49: This week the crew highlights their experience at Bitcoin Mena, status of sovereign adoption, balance sheet leverage, mNAV, digital credit, AI capital shifts, and why patient capital wins when price disconnects from value in Bitcoin and equity markets. 🎛️ As of this recording, 12/17/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 48: The crew does a deep dive into Bitcoin markets, macro signals, credit cycles, and capital structure. We break down trend data, EPS thresholds, leverage, mNAV, Fed policy, and why Bitcoin sits at the center of the next liquidity cycle.🎛️ As of this recording, 12/10/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 48: The crew does a deep dive into Bitcoin markets, macro signals, credit cycles, and capital structure. We break down trend data, EPS thresholds, leverage, mNAV, Fed policy, and why Bitcoin sits at the center of the next liquidity cycle. 🎛️ As of this recording, 12/10/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 47: The crew covers the recent news on the USD reserves, preferreds, mNAV, leverage, credit markets, solvency ratios, macro stress, and why Strategy’s balance sheet strengthens despite volatility. 🎛️ As of this recording, 12/03/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 46: The team hosts an early call on Wednesday to address the latest digital credit and BTC treasury catalysts. Highlights include MSCI index, JP Morgan structured notes, MNAV math, capital structure engineering, and the growing shift toward institutional Bitcoin adoption and treasury allocation. 🎛️ As of this recording, 11/26/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 45: The team covers the following topics: Bitcoin credit, liquidity stress, mNAV, dividend math, MSTR capital structure, ETF flows, leverage, over collateralization, protocol risks, macro signals steering capital allocation and risk/reward.🎛️ As of this recording, 11/19/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 45: The team covers the following topics: Bitcoin credit, liquidity stress, mNAV, dividend math, MSTR capital structure, ETF flows, leverage, over collateralization, protocol risks, macro signals steering capital allocation and risk/reward. 🎛️ As of this recording, 11/19/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 44: Discover how Bitcoin, preferred equity, and digital credit products like $STRC and $SATA are reshaping yield, capital structure, and macro environent in the evolving financial landscape. Grain and the Dan’s bring us through a deck on Macro and digtial credit.🎛️ As of this recording, 11/12/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 44: Discover how Bitcoin, preferred equity, and digital credit products like $STRC and $SATA are reshaping yield, capital structure, and macro environent in the evolving financial landscape. Grain and the Dan’s bring us through a deck on Macro and digtial credit. 🎛️ As of this recording, 11/12/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 43: This episode breaks down return of capital investing, credit ratings, risk underwriting, and structured yield products - framed around macro signals, mNAV, capital allocation, and long-term value. 🎛️ As of this recording, 10/29/25, Strategy's (MSTR) performance:

SOCIAL MEDIA:

Phong Le (CEO, $MSTR) joins True North to discuss bitcoin-backed credit products, the future of Strategy, BTC price dynamics, and what mainstream Bitcoin adoption could look like from the corporate and consumer side.

- Follow -

X: https://x.com/Adrian_R_Morris

X: https://x.com/MSTRTrueNorth

X: https://x.com/Strategy

Website: https://www.strategy.com/

- Outline -

00:00 – Intro

00:21 – Welcome

03:24 – Bitcoin-backed Credit: reinventing capital markets

06:13 – Robinhood listing Preferreds

10:00 – Scaling preferreds to a $30–300B market opportunity<...

🧭 MSTR True North episode 42: The crew explores Bitcoin as corporate capital, synthetic yield, and how it’s driving in ovation in the credit markets. From mNAV to macro risk models, this episode highlights the process of building a balance sheet in a market that is build in a choric climate. 🎛️ As of this recording, 10/22/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 39: This episode kicks off with the news tied to the Strive acquisition and the push to maintain authenticity. The rest of the discussion highlights all the bews in Bitcoin Treasury space in the last 3 weeks.🎛️ As of this recording, 9/24/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 38: Soleil & Dan breakdown Strategy’s credit stack, BTC accumulation strategy, preferreds, rate risk, and AI macro themes dissected. Topics also include Strike, Strife, Stretch, MSTR mNAV, BTC vs gold, and Fed policy.🎛️ As of this recording, 8/27/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 37: A sharp look into Bitcoin-backed finance, misunderstood leverage, market shakeups, and the future of MSTR. Big money, bold moves, and a masterclass in navigating financial storms—this one’s not just for Bitcoiners.🎛️ As of this recording, 8/20/25, Strategy's (MSTR) performance:* Open: $339.38* Close: $344.47* Volume: 13,739,806 shares* mNAV: 1.52* Market Cap: ~95.5B* U.S. Market Cap Ranking: 111* BTC: 629,376⏱️ TIMESTAMPS & INSIGHTS:* 00:00:00 - Cue the music: Episode 37 introduction* 00:02:25 - True North: A masters in corporate finance * 00:04:00 - Agenda breakdown* 00:04:33 - Strategy Balance Sheet: Leverage, debt, and MNAV updates * 00:08:57 - Risk Misconceptions: Why Strategy isn't overleveraged * 00:14:25 - Dividend Mechanics: Pref equity, asset coverage and the...

🧭 MSTR True North episode 36: The True North crew dives deep into this transformational period. Segments include MSTR valuation, leverage risks, liquidation prefs, and BTC’s future as digital capital.🎛️ As of this recording, 8/13/25, Strategy's (MSTR) performance:* Open: $397.73* Close: $389.90* Volume: 10,884,940 shares* mNAV: 1.62* Market Cap: ~$111B* U.S. Market Cap Ranking: 93* BTC: 628,946⏱️ TIMESTAMPS & INSIGHTS:* 00:00:00 - Intro: Soleil kicks things off* 00:01:00 - Price action analysis: why price highs feel bearish* 00:02:25 - market vs earnings: hidden disconnect driving BTC moves* 00:04:30 - atm trap exposed: how convert holders profit on you* 00:06:16 - what counts as earnings?: redefining profit in bitcoin terms* 00:08:51 - nav is king: the metr...

🧭 MSTR True North episode 35: The crew talks Q2 earnings call, Bitcoin-backed investing, the creation of the BTC yield curve, AI disruption, and rising instituional adoption.🎛️ As of this recording, 8/6/25, Strategy's (MSTR) performance:* Open: $374.75* Close: $383.41* Volume: 7,032,447 shares* mNAV: 1.68* Market Cap: ~$109B* U.S. Market Cap Ranking: 98* BTC: 628,791⏱️ TIMESTAMPS & INSIGHTS:* 00:00:00 - Intro: cue the nusic, agenda, NFA and TN mission* 00:04:19 - BTC treasury strategy: leverage update* 00:07:05 - Preferred equity insight: debt maturity risk* 00:10:00 - Perpetual preferreds: no principal repayment risk* 00:13:01 - Dividend coverage math: BTC drawdown scenario & convertible bond shift for new entrants* 00:18:55 - Bond vs. preferred: capital structure evolution* 00:24:22 - 124-year covera...

🧭 MSTR True North episode 34: 🎛️ As of this recording, 7/23/25, Strategy's (MSTR) performance:* Open: $422.83* Close: $412.67* Volume: 12,990,043 shares* mNAV: 1.81* Market Cap: ~$117B* U.S. Market Cap Ranking: 91* BTC: 607,770⏱️ TIMESTAMPS & INSIGHTS:* 00:00:00 - Agenda breakdown * 00:02:50 - MSTR’s Leverage Ratio: $72B in assets, debt ratio, and drawdown resilience * 00:06:41 - Volatility as Strategy: Why MSTR embraces leverage and market spikes * 00:17:50 - Q2 Earnings Catalyst: Projected $10B+ gain and possible S&P 500 inclusion * 00:20:26 - MSTR vs. Bitcoin: Understanding the equity vs asset performance dynamic * 00:25:10 - Algo Trading & Arbitrage: Breaking correlation and capital flow strategies * 00:32:58 - Perpetual Preferreds: Unlocking 100x fixed income demand with Bitcoin * 00:39:48 - Market Mechanics: How...

🧭 MSTR True North episode 28: In this episode the crew breaks down MSTR’s capital stack, Saylor's latest fixed income product creations, leverage analysis, and how digital yield products could reshape traditional finance.🎛️ As of this recording, 6/4/25, Strategy's (MSTR) performance:* Open: $385.80* Close: $378.10* Volume: 8,472,192 shares* mNAV: 1.90* Market Cap: $105.62B* U.S. Market Cap Ranking: 94* BTC: 580,955⏱️ TIMESTAMPS & INSIGHTS:Timestamps:* 00:00:00 - Agenda: cue the music and NFA* 00:03:25 - $MSTR leverage: BTC holdings, debt ratios, and over-collateralization* 00:07:07 - Capital strategy: Strike/Strife ATMs, growth potential, and leverage expansion* 00:09:30 - The capital stack: Structure, liquidation preference, and investment-grade terms* 00:15:15 - Risk tiers: Pyramid mechanics and creditworthine...

🧭 MSTR True North episode 27: The crew dives deep into the institutional adoption of Bitcoin globally. Tune in to hear more about MetaPlanet, MSTR, Bitcoin treasuries, market sentiment, and why 2025 could be the breakout year for Bitcoin-aligned equities and cooperative finance.🎛️ As of this recording, 5/21/25, Strategy's (MSTR) performance:* Open: $415.92* Close: $402.69* Volume: 18,373,500 shares* mNAV: 1.90* Market Cap: $112.11B* U.S. Market Cap Ranking: 85* BTC: 576,230⏱️ TIMESTAMPS & INSIGHTS:* 00:00:00 - The intro: agenda, MetaPlanet buzz, and BTC price discovery * 00:04:00 - $BTC/$MSTR outlook: the rise of a decentralized computer network & sentiment challenges* 00:08:16 - volatility DNA: options market, leverage in MSTR & trading psychology * 00:15:25 - japan bonds: high yields...

🧭 MSTR True North episode 41: the crew does a deep dive into credit markets, bond risk, and capital structure—covering Strategy, Ford, disruption risk, mNAV, liquidity, and why BTC is emerging as the prime collateral asset. 🎛️ As of this recording, 10/08/25, Strategy's (MSTR) performance:

Bitcoin & Energy: Market moving in dog years

🧭 MSTR True North episode 40: the group doses a deep dive into Bitcoin investing, capital allocation, risk management, and leverage. They explore mNAV, treasury plays, macro signals, and why fixed income products are reshaping long-term portfolios. 🎛️ As of this recording, 10/01/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 39: This episode kicks off with the news tied to the Strive acquisition and the push to maintain authenticity. The rest of the discussion highlights all the bews in Bitcoin Treasury space in the last 3 weeks. 🎛️ As of this recording, 9/24/25, Strategy's (MSTR) performance:

⏱️ TIMESTAMPS & INSIGHTS:

🧭 MSTR True North episode 38: Soleil & Dan breakdown Strategy’s credit stack, BTC accumulation strategy, preferreds, rate risk, and AI macro themes dissected. Topics also include Strike, Strife, Stretch, MSTR mNAV, BTC vs gold, and Fed policy. 🎛️ As of this recording, 8/27/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 37: A sharp look into Bitcoin-backed finance, misunderstood leverage, market shakeups, and the future of MSTR. Big money, bold moves, and a masterclass in navigating financial storms—this one’s not just for Bitcoiners. 🎛️ As of this recording, 8/20/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 36: The True North crew dives deep into this transformational period. Segments include MSTR valuation, leverage risks, liquidation prefs, and BTC’s future as digital capital. 🎛️ As of this recording, 8/13/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 35: The crew talks Q2 earnings call, Bitcoin-backed investing, the creation of the BTC yield curve, AI disruption, and rising instituional adoption. 🎛️ As of this recording, 8/6/25, Strategy's (MSTR) performance:

⏱️ TIMESTAMPS & INSIGHTS:

🧭 MSTR True North episode 34: 🎛️ As of this recording, 7/23/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 33: The crew discusses how MSTR is transforming corporate finance by holding permeant, digital capital on the balqnce sheet. This episode breaks down Strategy’s evolving playbook, institutional adoption, leverage, and why Bitcoin is becoming oxygen for forward-looking companies. 🎛️ As of this recording, 7/16/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 32: The crew does a deep dive into Strategy’s capital stack, leverage, and preferred instruments like Strike, Strife and Stride—exploring risk, credit, and how institutional capital is recognizing the tue credit worthiness of a treasury powered by Bitcoin. 🎛️ As of this recording, 7/9/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 31: Led by captain Solei, the crew does a deep dive on l the different Bitcoin treasury strategies, convertible notes, market sentiment, and how global investment dynamics—from the U.S. to Japan—are shaping the future of BTC-backed corporate finance. 🎛️ As of this recording, 6/25/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 30: in this episode the crew dives deep into leverage, MSTR’s balance sheet, BTC-backed yield, and market psychology—plus how treasury companies are evolving and why Bitcoin as collateral changes everything. 🎛️ As of this recording, 6/18/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 29: The crew does a deep dive into MSTR's leverage and the future outlook! Also included - Stride IPO insights, Bitcoin volatility, BTC yield projections, S&P 500 potential, fixed income appetite for yield & why Bitcoin-backed products are disrupting markets. 🎛️ As of this recording, 6/11/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 28: In this episode the crew breaks down MSTR’s capital stack, Saylor's latest fixed income product creations, leverage analysis, and how digital yield products could reshape traditional finance. 🎛️ As of this recording, 6/4/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 27: The crew dives deep into the institutional adoption of Bitcoin globally. Tune in to hear more about MetaPlanet, MSTR, Bitcoin treasuries, market sentiment, and why 2025 could be the breakout year for Bitcoin-aligned equities and cooperative finance. 🎛️ As of this recording, 5/21/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 26: The crew does a deep dive into MSTR, Bitcoin leverage, $STRK, and S&P 500 dynamics. Special guest LaDoger add his perspective on the behind-the-scenes from the True North event. 🎛️ As of this recording, 5/14/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 25: The team dives into market trends, MSTR Q1 earnings preview, and insights from the recent Bitcoin for Corporations event hosted by Bitwise. 🎛️ As of this recording, 4/30/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 24: Deep dive into Strategy's securitized BTC financial products, covered calls, market cycles, and how AI and macro trends are shaping the future of Bitcoin and investing. Insightful, raw, and packed with alpha. 🎛️ As of this recording, 4/16/25, Strategy's (MSTR) performance:

🧭 MSTR True North episode 23: Jeff Park joins the MSTR True North crew to break down market volatility, the impact of tariffs, the options market + derivatives, income products, and why Bitcoin and Strategy remain key players in today’s shifting financial landscape.🎛️ As of this recording, 4/9/25, Strategy's (MSTR) performance:* Open: $242.02* Close: $296.86 * Volume: 38,261,400 shares* mNAV: 2.05* Market Cap: $78.70B* U.S. Market Cap Ranking: 120* BTC: 528,185⏱️ TIMESTAMPS & INSIGHTS:* 00:00:00 - Intro: market overview, MSTR leverage, and upcoming TN Strategy World event* 00:04:00 - New tickets!!: Grain provides details on new tranche of tickets for TN Strategy event* 00:08:19 - Tariffs: tariff policy revival and national emergency market reactio...

🧭 MSTR True North episode 22: Featuring the rollout of the NEW True North website, the crew breaks down MSTR's latest BTC buys, provides details on the upcoming True North event, AI insights, GameStop’s BTC potential.🎛️ As of this recording, 4/2/25, Strategy's (MSTR) performance:* Open: $297.86 * Close: $312.54* Volume: 15,980,400 shares* mNAV: 2.11* Market Cap: $83.19B* U.S. Market Cap Ranking: 118* BTC: 528,185⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Website launch & MSTR TN world: True North official website launch & event details* 19:00 - Big Bitcoin buy: analysis of the 22,000 BTC added last week * 23:00 - Capital stack & product market fit: breakdown of Strategy’s evolving capital structure * 39:00 - Decoupling: Bitcoin vs QQQ and the shif...

🧭 MSTR True North episode 21: Featuring Jesse Myers this episode breaks down Strategy's Bitcoin accumulation vehicles, GameStop’s Bitcoin pivot, and MSTR's financial health heading out of Q1.🎛️ As of this recording, 3/26/25, Strategy's (MSTR) performance:* Open: $336.50* Close: $329.31* Volume: 16,732,400 shares* mNAV: 2.19* Market Cap: $85.72B* S&P 500 Rank: 117* BTC: 506,137⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Intro: Astronaut lineup and episode agenda* 04:18 - Who the F is Jesse Myers: the man behind 'the chart'* 07:20 - Capital flow: Machinery that facilitates capital from bonds to bitcoin* 10:10 - Strategy world: True North getting in the mix* 13:38 - Half Nakamoto: 500k Bitcoin milestone, leverage stats, and market position* 18:41 - Passive flows...

🧭 MSTR True North episode 20: The crew explores economic signals, government debt, Bitcoin bonds, Strike’s $21B ATM, and Strategy's evolving role in the financial landscape.🎛️ As of this recording, 3/12/25, Strategy's (MSTR) performance:* Open: $264.60* Close: $262.55* Volume: 14,268,000 shares* mNAV: 1.65* Market Cap: $68.33B* S&P 500 Rank: 143* BTC: 499,096⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Bitcoin Price Prediction: How a bold forecast came true* 04:51 - Market Optimism & Dollar Weakness: Key economic signals* 08:51 - Tesla, Trump & Market Sentiment: What’s shaping risk assets* 12:37 - Housing Market Risks: Is another crash coming?* 16:30 - Government Debt & Spending: Impact on markets* 21:44 - Bitcoin’s Role in the Economy: Strategic Reserve implications* 27:39 - Bitcoin Bonds...

🧭 MSTR True North episode 19: The crew dives into Bitcoin’s volatility, Strategy's Bitcoin playbook, Bitcoin Investor Week takeaways, institutional adoption, political developments, market trends, and the future of Bitcoin as a strategic reserve.🎛️ As of this recording, 3/5/25, Strategy's (MSTR) performance:* Open: $278.31* Close: $308.55* Volume: 25,987,900 shares* mNAV: 1.78* Market Cap: $80.31B* S&P 500 Rank: 125* BTC: 499,096⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Introduction and Market Overview: Bitcoin volatility and market updates* 04:08 - Strategy's Bitcoin Strategy: Leverage update and asset-liability ratio* 07:31 - Bitcoin Investor Week Recap: Market sentiment and key takeaways* 15:52 - The Rise of Bitcoin as Collateral: Growing use in financial products* 16:52 - Institutional Interest in Bitcoin Treasu...

🧭 MSTR True North episode 18: The crew explore's Strategy's $2B convertible debt offering, market dynamics, capital raising insights, and the evolving role of banks in corporate finance.🎛️ As of this recording, 2/19/25, Strategy's (MSTR) performance:* Open: $337.30* Close: $318.67* Volume: 16,959,900 shares* mNAV: 1.80* Market Cap: $82.28B* S&P 500 Rank: 127* BTC: 478,740⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Introduction and Overview: Introduction to Strategy's convertible bond offerings and what’s covered in the episode.* 06:41 - Convertible Debt Offering Details: Strategy's announces $2 billion convertible senior notes; potential impact on leverage ratio.* 10:06 - Market Strategy and Pricing Factors: How volatility, credit spreads, and market dynamics influence the offering’s pricing.* 13:29 - Oversubscription...

🧭 MSTR True North episode 17: The crew explore's Bitcoin’s role in macroeconomics, inflation, Strategy's leverage ratios, S&P 500 inclusion, market volatility, and the impact of Federal Reserve policy on liquidity and asset prices.🎛️ As of this recording, 2/12/25, Strategy's (MSTR) performance:* Open: $315.96* Close: $326.82* Volume: 9,804,500 shares* mNAV: 1.80* Market Cap: $84.38B* S&P 500 Rank: 120* BTC: 478,740⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Market overview and financial system stability* 03:47 - Bitcoin and Strategy price update* 10:07 - Inflation trends, monetary policy, and economic challenges* 13:05 - Reverse repo drain and its impact on liquidity* 19:50 - Federal Reserve’s monetary policy and market implications* 23:47 - Bitcoin as a balance sheet asset and inflat...

🧭 MSTR True North episode 16: The crew reflects on Strategy₿'s Q4 earnings call. Topics include the rebrand, Bitcoin strategy, leverage, and market impact. Key insights include debt management, investor sentiment, and future growth.🎛️ As of this recording, 2/5/25, MicroStrategy's (MSTR) performance:* Open: $349.00* Close: $336.70* Volume: 10,874,100 shares* mNAV: 1.87* Market Cap: $84.97B* S&P 500 Rank: 119* BTC: 471,107⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Introduction: Overview of Q4 ‘24 earnings call, rebrand, and key topics.* 03:10 - Strategy & Bitcoin Discussion: Insights on Bitcoin, trading strategy, and market trends.* 06:51 - MicroStrategy Rebrand: New name, colors, and speculation about a Bitcoin bank.* 10:15 - New Website & Data Transparency: Strategy.com as a data hub for investor...

🧭 MSTR True North episode 15: The crew explores MicroStrategy’s financial strategies, Bitcoin treasury management, preferred stock offering, and market trends. Other key areas include financial engineering, leverage, and corporate Bitcoin adoption in this in-depth discussion.🎛️ As of this recording, 1/29/25, MicroStrategy's (MSTR) performance:* Open: $338.20* Close: $341.25* Volume: 11,675,200 shares* mNAV: 1.76* Market Cap: $85.53B* S&P 500 Rank: 112* BTC: 471,107⏱️ TIMESTAMPS & INSIGHTS:Introduction & MicroStrategy Overview* 00:00 - Introduction: Overview of MicroStrategy & discussion objectives* 03:40 - Preferred Equity 101: Ben Workman explains key financial concepts* 06:41 - “The Battlefront”: MicroStrategy’s deleveraging strategy* 10:25 - Bitcoin’s Role in Balance Sheet Strength: Why BTC price impacts stability* 13:42 - S&P 500 Inclusion Debate: How Bitcoin ho...

🧭 MSTR True North episode 14: The crew covers BTC adoption, market catalysts, corporate strategies, AI integration, meme coins, NFT trends, MicroStrategy’s financial maneuvers, insights on government policies, and convertible note ETFs.🎛️ As of this recording, 1/22/25, MicroStrategy's (MSTR) performance:* Open: $384.91* Close: $377.31* Volume: 15,920,700 shares* mNAV: 1.98* Market Cap: $92.73B* S&P 500 Rank: 106* BTC: 461,000⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Introduction: Overview of the episode and community updates* 07:59 - Key catalysts: Upcoming Fed meeting, FTX repayments, and Bitcoin events* 12:14 - Inauguration optics: Mag7 CEOs and their strategic presence* 16:30 - Administration’s first 100 days: Policies, liquidity, and AI trends* 21:58 - Corporate Bitcoin adoption: How smaller companies are leading the char...

🧭 MSTR True North episode 7: The crew discusses the $2.6B convertible debt offering, Bitcoin adoption, profit strategies, market dynamics, valuation modelsl, long-term investing, tax strategies, community milestones, and MicroStrategy’s unique market position.🎛️ As of this recording, 11/20/24, MicroStrategy's (MSTR) performance:* Open: $463.40* Close: $473.83* Volume: 70,212,600 shares* mNAV: 3.41* Market Cap: $106.46B* S&P 500 Rank: 97* BTC: 331,200⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Convertible Debt Offering: $2.6B raised to purchase Bitcoin.* 06:12 - Advice for Euphoria: Wisdom from Saylor and Ben.* 09:35 - Profit-Taking Strategies: Balancing gains with personal priorities.* 13:47 - Market Growth Potential: Exploring Bitcoin and MicroStrategy’s momentum.* 17:28 - IBIT Options Launch: Impact on Bitcoin price dynamics.* 20:58 - Options and Vola...

🧭 MSTR True North episode 6: The crew discusses MSTR's rapid BTC acquisitions, convertible debt, market cap growth, bold predictions for corporate and nation-state adoption, market shifts, and the future of digital capital.🎛️ As of this recording, 11/18/24, MicroStrategy's (MSTR) performance:* Open: $345.42* Close: $384.79* Volume: 32,745,900 shares* mNAV: 2.88* Market Cap: $86.45B* S&P 500 Rank: 116* BTC: 331,200⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Bitcoin Acquisition: MicroStrategy’s $5 billion purchase impact.* 06:02 - “Diamond Hands”: Holding shares amid massive Bitcoin trades.* 09:28 - BTC Per Day Analysis: Tracking MicroStrategy’s rapid acquisitions.* 12:38 - Future Discussions: Community growth and Bill Miller’s involvement.* 15:47 - Predictions: Adrian forecasts major MicroStrategy Bitcoin growth.* 19:10 - Convertible Debt Benefits: Insight...

🧭 MSTR True North episode 5: The crew reflects on MicroStrategy's $300+ price. Additional topics include Key catalysts, market volatility, Bitcoin’s surge, Insights on ATM activity, nation-state FOMO, options strategies, and risk management.🎛️ As of this recording, 11/13/24, MicroStrategy's (MSTR) performance:* Open: $366.98* Close: $328.38* Volume: 46,238,500 shares* mNAV: 2.73* Market Cap: $69.22B* S&P 500 Rank: 155* BTC: 279,420⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Introduction: Overview of MicroStrategy and Bitcoin* 03:09 - Market Volatility: Stock price milestones and key factors driving movement* 06:24 - Upcoming Catalysts: Key dates, Saylor on CNBC, and November option expirations* 13:29 - Market Cap Growth: MicroStrategy’s rise and comparisons with larger companies* 16:46 - ATM and Convertible Debt: Breakdown of sha...

🧭 MSTR True North episode 4: The crew discusses Bitcoin's all-time high, with speculation on nation-state buying and MicroStrategy’s playbook driving market shifts. Topics include AI’s impact, Bitcoin’s future, investing tactics, mining risks, and MicroStrategy’s growth through convertible debt and catalysts.🎛️ As of this recording, 11/11/24, MicroStrategy's (MSTR) performance:* Open: $297.00* Close: $340.00* Volume: 47,315,700 shares* mNAV: 2.89* Market Cap: $71.67B* S&P 500 Rank: 149* BTC: 279,420⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Institutional Buying: Large buyers dominate, with MicroStrategy leading purchases.* 03:22 - Speculative Buyers: Possible nation-states or sovereign funds buying Bitcoin aggressively.* 06:55 - Market Dynamics: MicroStrategy’s strategic Bitcoin accumulation approach.* 08:39 - Market Cap Predictions: Speculation on a potential $50,000...

🧭 MSTR True North episode 3: The crew covers post-election impacts, Bitcoin catalysts, Q3 earnings, ETF inclusion, macroeconomic trends, Bitcoin adoption strategies, and future projections for MSTR and BTC, with discussions on valuation, market psychology, and global adoption.🎛️ As of this recording, 11/6/24, MicroStrategy's (MSTR) performance:* Open: $260.00* Close: $257.81* Volume: 26,270,400 shares* mNAV: 2.74* Market Cap: $52.24B* S&P 500 Rank: 193* BTC: 252,220⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Agenda: Catalysts, elections, Bitcoin impact, and valuation updates.* 02:38 - Q3 earnings overview: A record-setting performance.* 08:12 - QQQ rank day: ETF cash flow impacts.* 10:47 - ETF inclusion: Market reactions and implications for MSTR.* 16:57 - Roaring 20s analogy: Recession predictions debunked.* 19:40 - SAB 121: Bitcoin cust...

🧭 MSTR True North episode 2: 🎛️ As of this recording, 10/30/24, MicroStrategy's (MSTR) performance:* Open: $246.50* Close: $247.31* Volume: 20,593,300 shares* mNAV: 2.75* Market Cap: $50.12B* S&P 500 Rank: 195* BTC: 252,220⏱️ TIMESTAMPS & INSIGHTS:SOCIAL MEDIA:* X: https://x.com/PunterJeff* X: https://x.com/nithusezni* X: https://x.com/Adrian_R_Morris* X: https://x.com/Z06Z07* X: https://x.com/ryQuant* X: https://x.com/MasonFoard* X: https://x.com/BenWerkman* X: https://x.com/TheJesseMK* X: https://x.com/DylanLeClair_* X: https://x.com/TimKotzmanMSTR TRUE NORTH LINKS:* X: https://x.com/MSTRTrueNorth* 🛒 MERCH: https://thehodlshop.com/collections/t…* Youtube: @MSTRTrueNorthMSTR Links:* https://www.mstr-tracker.com...

🧭 MSTR True North episode 13: The crew hits on Q4 earnings expectations, investment insights, regulatory changes, and future predictions. Highlights include the January 17 option expiration, nation-state Bitcoin reserves, vote to increase authorized share count and MicroStrategy’s growth trajectory.🎛️ As of this recording, 1/16/25, MicroStrategy's (MSTR) performance:* Open: $357.20* Close: $360.63* Volume: 19,674,963 shares* mNAV: 1.99* Market Cap: $88.63B* S&P 500 Rank: 107* BTC: 450,000⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Introduction: Overview of episode topics and agenda.* 01:04 - Special Meeting Vote: Key events scheduled for January 21.* 05:29 - Option Expiration: January 17 as a potential gamma squeeze trigger.* 08:11 - Inauguration Impact: Executive orders and their implications for Bitcoin.* 10:06 - MicroStrategy Earnings: Q4 expectation...

🧭 MSTR True North episode 8: The crew covers MicroStrategy’s 55K Bitcoin buy, volatility, ETF dynamics, Bitcoin dominance, and catalysts like QQQ inclusion. Plus, insights on options trading/covered call strategy, FUD and misinformation.🎛️ As of this recording, 11/25/24, MicroStrategy's (MSTR) performance:* Open: $440.75* Close: $403.45* Volume: 40,180,400 shares* mNAV: 2.58* Market Cap: $90.65B* S&P 500 Rank: 113* BTC: 386,700⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Bitcoin Buy: MicroStrategy’s recent purchase of 55,000 Bitcoin.* 02:21 - Risk Management: Reverse thinking and investment strategy advice.* 03:41 - Saylor’s Preparations: Steps taken to weather bear markets.* 07:37 - Bitcoin Accumulation: November purchases and funding methods.* 10:25 - Market Analysis: Comparing MicroStrategy’s performance to peers.* 13:05 - Stock Rankings: In...

🧭 MSTR True North episode 9: The crew does a deep dive into MicroStrategy’s financial leverage, Bitcoin surpassing $100K, bear classifications, community growth, and upcoming market catalysts.🎛️ As of this recording, 12/04/24, MicroStrategy's (MSTR) performance:* Open: $380.00* Close: $406.00* Volume: 29,862,200 shares* mNAV: 2.39* Market Cap: $91.22B* S&P 500 Rank: 110* BTC: 402,100⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Live Stream Milestone: Celebrating 100K viewers and market updates.* 02:50 - Ryan’s Return: Team updates and Bitcoin-focused projects.* 05:32 - Social Media and Strategy: Navigating negativity and misinformation.* 07:21 - Bear Classifications Begin: Humor and financial discussions intersect.* 08:34 - Bitcoin Hits $100K: Price milestones and market impacts.* 12:12 - Community Growth: MicroStrategy’s growing Discord and commun...

🧭 MSTR True North episode 10: Explore MicroStrategy’s growth, QQQ inclusion, quantum computing’s impact, and economic insights. Dive into key catalysts, corporate adoption, NAV analysis, and ETF dynamics in this packed episode of MicroStrategy True North.🎛️ As of this recording, 12/11/24, MicroStrategy's (MSTR) performance:* Open: $385.66* Close: 411.40* Volume: 27,594,400 shares* mNAV: 2.3* Market Cap: $92.43B* S&P 500 Rank: 105* BTC: 423,650⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Introduction: Overview of MicroStrategy True North and agenda* 01:38 - MicroStrategy Stock Update: Price and market movements* 02:05 - Corporate Bitcoin Strategy: Adoption trends among corporations and miners* 03:51 - Merchandise for a Cause: Supporting kid analysts at MSTR World Conference* 05:17 - Vancouver’s Bitcoin-Friendly M...

🧭 MSTR True North episode 11: Discover insights on MicroStrategy’s leverage strategy, Bitcoin accumulation, market catalysts, QQQ index inclusion, and fair value accounting. Learn about upcoming events, capital plans, and debunking misconceptions, all with a focus on long-term investment growth.🎛️ As of this recording, 12/18/24, MicroStrategy's (MSTR) performance:* Open: $386.00* Close: 349.64* Volume: 24,244,600 shares* mNAV: 1.94* Market Cap: $85.19B* S&P 500 Rank: 112* BTC: 439,000⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Introduction: Overview of MicroStrategy True North and its goals.* 04:21 - "Irresponsibly Long" Explained: Long-term investment mindset.* 09:01 - QQQ Index Inclusion: Implications for MicroStrategy and Bitcoin.* 11:31 - Upcoming Catalysts: Key events and financial developments.* 13:21 - Fair Value Accounting: Bitcoin adoption by co...

🧭 MSTR True North episode 12: The True North crew explores 2025 market outlook, MicroStrategy’s evolving Bitcoin strategy, catalysts like S&P 500 inclusion, options trading insights, and the evolving insurance landscape amidst California wildfires.🎛️ As of this recording, 1/8/24, MicroStrategy's (MSTR) performance:* Open: $335.25* Close: $331.70* Volume: 18,212,600 shares* mNAV: 1.92* Market Cap: $81.52B* S&P 500 Rank: 122* BTC: 447,470⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Market sentiment: Volatility and FUD affecting MicroStrategy’s stock.* 04:22 - Community growth: Surging member count reflects increasing interest.* 07:23 - Bitcoin holdings: MicroStrategy acquires 1,700 Bitcoin, strengthening assets.* 15:29 - Catalysts: Market events and their potential impact on MicroStrategy stock.* 18:20 - LEAPS options: Historic trades linked to Bitcoin’s four-year cycles...

🧭 MSTR True North episode 1: The crew reviews MicroStrategy’s rise, Bitcoin adoption, market insights, and future catalysts in this debut episode of “True North.” Also includes in depth analysis, and discussion on valuation, institutional trends, and navigating misinformation.🎛️ As of this recording, 10/24/24, MicroStrategy's (MSTR) performance:* Open: $220.09* Close: 235.89* Volume: 23,221,500 shares* mNAV: 2.78* Market Cap: $47.80B* S&P 500 Rank: 203* BTC: 252,220⏱️ TIMESTAMPS & INSIGHTS:* 00:00 - Introduction: Welcome to the first live stream of “True North.”* 01:19 - MicroStrategy overview: A look at its recent stock price surge.* 04:34 - Market frenzy: The rise of r/WallStreetBets and a short squeeze on MSTR.* 07:20 - Member intros: Expertise from finance, engineer...