Behind Closed Doors: Dan Hillery on Strategy’s STRD

Friend of the show Dan Hillery returns to discuss Strategy's STRD announcement, his takeaways from the Bitcoin conference in Vegas, and the biggest risks Bitcoin Treasury companies are facing.

- this episode is sponsored by Onramp - $150 in Bitcoin to get your account started.

https://onrampbitcoin.com/

- This episode is sponsored by Stamp Seed. Use the code "Tim15" at check out for 15% off site wide

https://www.stampseed.com/

Disclaimer: NOT FINANCIAL ADVICE - For entertainment purposes only.

Tim Kotzman on X: https://x.com/TimKotzman

Dan Hllery on X: https://x.com/hillery_dan

0:00 - Intro

0:08 - What is STRD and how does it compare to Strategy’s other preferred offerings?

5:09 - How STRD dividends work

6:29 - Can STRD ATM help MSTR get above mNAV?

10:20 - Leverage ratios analyzation 

13:03 - What other companies offer something like STRD?

13:48 - What other products can Strategy offer?

16:00 - What do currency swaps mean?

19:58 - Dan’s takeaways from the Vegas Bitcoin Conference

22:28 - What are the biggest risks to Bitcoin Treasury companies during a drawdown?

28:44 - Could a company ATM cash onto its balance sheet if Bitcoin is falling?

32:57 - Closing thoughts and where to find Dan online

#podcast #bitcoin #microstrategy #investing #mstr #btc