Research area
Research and commentary on MicroStrategy's Bitcoin treasury strategy, corporate finance, capital markets, and governance
The September 24, 2025 episode of TFTC features Jeff Walton explaining how Bitcoin-treasury companies use over-collateralized perpetual preferreds and converts to target fixed-income capital.
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The September 19, 2025 episode of Coin Stories features Michael Saylor explaining how Bitcoin-backed preferred instruments are reshaping credit markets and institutional adoption.
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The August 01, 2025 episode of Bitcoin Magazine podcast features a panel discussion examining corporate Bitcoin concentration risks, the cooperative expansion of public Bitcoin treasury companies, and the scaling of Bitcoin-backed credit markets.
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The July 23, 2025 episode of MSTR True North explains MicroStrategy could withstand an 88% Bitcoin drawdown while expanding its 67,770‑coin treasury. STRC is a new zero‑duration preferred, positioning it as a rival to short‑dated Treasuries.
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The April 16, 2025 episode of New Foundations pod features Dan Hillery explaining MicroStrategy’s multi‑vehicle approach—equity issuances, convertible bonds, and preferred stocks—to stack Bitcoin while generating income via covered‑call strategies.
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On April 07, 2025, the Bitcoin for Millennials episode with Jeff Walton explored how corporations are rethinking treasury management by integrating Bitcoin as a long-term asset.
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On April 04, 2025, Phong Le, CEO of Strategy, gave a keynote presentation at the MIT Bitcoin Expo 2025, where he highlighted the transformative role of Bitcoin in corporate finance.
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The April 02, 2025 episode of Bitcoin Fundamentals with Jesse Myers explores MicroStrategy’s shift to innovative preferred stock instruments—Strike and Strife—to channel fixed income capital into Bitcoin.
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On March 31, 2025, the What Bitcoin Did episode with Peter Dunworth explored how financial engineering and innovative lending products could drive massive capital inflows into Bitcoin.
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On March 27, 2025, the Tim Kotzman Podcast featured Ben Werkman discussing the evolution of Bitcoin treasury products and complex capital structures. The episode details innovative fixed income instruments and robust risk management approaches.
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On March 25, 2025, Coindesk’s interview with Michael Saylor outlines Bitcoin’s potential as a digital capital asset that can transform national debt, drive institutional adoption, and secure economic sovereignty.
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The March 18, 2025 episode of The Bitcoin Matrix with Josh Mandell explores Bitcoin’s role as collateral and the complexities of options trading with Strategy.
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