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.
Matt Cole
Scaling Bitcoin Treasuries with M&A and Perpetual Preferreds
The September 23, 2025 episode of Coin Stories features Matt Cole and Eric Semler discussing Strive’s acquisition of Semler Scientific and the case for scaled Bitcoin treasuries.
Policy, Liquidity, and Treasury Design for Bitcoin
The September 23, 2025 episode of the Brandon Gentile podcast features Matt Cole outlining policy, liquidity, and treasury design levers for Bitcoin. Cole emphasizes self-custody rights, de minimis tax relief for payments, and M2 and the BTC/gold ratio as key signals.
Bitcoin as a Corporate Benchmark: Rethinking Capital Allocation
The March 25, 2025 episode of The Bitcoin Frontier featuring host Joe Burnett and guest Matt Cole exploring Bitcoin as a hurdle rate for corporate capital allocation.