When preferred issuance protects existing holders
Explore how cash commitments and coupon-funding rules shape whether new preferred issuance protects existing Bitcoin treasury company holders in a formal model.
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Strive
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.
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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.
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