This interview was incredible — Jeffrey Park (@dgt10011) gives one of the clearest breakdowns I’ve heard on MSTR. The MSTR premium isn’t another GBTC. GBTC gave spot BTC access to equity investors— easy to replicate post-ETF. MSTR offers Bitcoin volatility at scale — a rare asset. Appetite for BTC vol is colossal, but true access is scarce: options desks blow up, markets are fragmented, and building an options book is brutal. The demand for BTC convexity isn't going away $BTC $MSTR
Bell Curve
Bell Curve26.7. klo 01.03
NEW POD 📺 @BitwiseInvest's Head of Alpha Strategies @dgt10011 joined @im_manderson, @pythianism, and @MikeIppolito_ to discuss: - Saylor's financial engineering - The mechanics of the convertible debt market - Strategy's STRC preferred shares - And more! Links below ⬇️
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