ETF Flows, Treasury Finance, and Censorship Resistance
The October 15, 2025 episode of the Tim Kotzman podcast features Adam Back analyzing how institutional flows and treasury strategies are reshaping Bitcoin’s market structure.
Corporate treasury
Corporate Bitcoin Treasuries: Profit, Leverage, and Risk Discipline
The October 06, 2025 episode of the Robin Seyr Podcast features Brandon Karpeles outlining why profit-funded Bitcoin accumulation outperforms debt-heavy treasury plays.
ETF Collateral, MNAV Discounts, and Consolidation in Bitcoin Treasuries
The September 30, 2025 episode of New Foundations features Richard Byworth outlining how ETF-enabled collateral and sub-1× MNAV pricing shape Bitcoin-exposed equities.
Corporate Bitcoin Treasuries: Premiums, Instruments, and Policy
The September 30, 2025 episode of Coin Stories features Adam Back explaining why firms should benchmark reserves against Bitcoin and how listed vehicles can scale exposure.
Bitcoin-Backed Credit and Custody at Scale
The September 30, 2025 episode of the Bitcoin Magazine podcast features Michael Saylor outlining a treasury model where Bitcoin serves as core collateral for overcollateralized credit.
Bitcoin Treasury Credit: Scale, Instruments, Ratings
The September 25, 2025 episode of a Bitcoin Magazine podcast features Matt Cole and Jeff Walton explaining why an all-stock Semler transaction can be BTC-per-share accretive.
Bitcoin Treasury Scale, Leverage, and Consolidation
The September 26, 2025 episode of Swan Signal features Ben Workman and Jeff Walton analyzing how equity drawdowns, PIPE unlocks, and discounts to NAV are reshaping public Bitcoin-treasury financing.