MicroStrategy

Today's Bitcoin Fundamentals features Jeff Walton discussing MicroStrategy's finance strategies, including valuation and leveraging Bitcoin. We examine price actions, trading methods, and the impact of traditional finance on BTC futures, offering insights into the intersection of enterprise software and financial engineering. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:41 - The role of MicroStrategy in modern financial strategies. 07:41 - Game theory principles applied to market structure and investor behavior. 16:18 - How Jeff Walton evaluates MicroStrategy's valuation. 16:18 - Insights into leveraging Bitcoin as collateral in finance. 16:18 - The potential of enterprise software in financial engineering. 32:58 - The differences between trading strategies and investment philosophies. 50:45 - The dynamics behind the price action of MicroStrategy's stock. 56:02 - Understanding short squeezes and their impact on valuation. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Jeff Walton's Twitter. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Check out our Bitcoin Fundamentals Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota TurboTax Fidelity Meyka NDTCO Fundrise iFlex Stretch Studios Public NerdWallet American Express Shopify NetSuite Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

本集新聞重點 00:25-02:03 比特幣成為2023年「全球表現次佳的資產」！Nvidia 漲 241% 勝BTC」 02:04-03:50 買比特幣礦企更賺！Marathon Digital股價年漲800% 03:49-05:38 比特幣2024上看25萬美元！矽谷創投教父Tim Draper：BTC潛力媲美微軟 05:39-07:09 MicroStrategy 增持！最新以 6.15 億美元買入 14,620 枚比特幣 07:10-08:47 生成式AI「搭便車」擅用內容 紐時控告OpenAI、微軟侵權 本集資料來源 動區動趨、自由時報、區塊客、鏈新聞 👉🏼追蹤 HOYA BIT 官網 https://tw.hoyabit.com/5VN3j 👉🏼追蹤 HOYA BIT 粉絲團 https://bit.ly/3NRzO8b 👉🏼追蹤 HOYA BIT Instagram http://bit.ly/3tRBd5t 👉🏼追蹤 HOYA BIT YouTube https://bit.ly/3zZN19f ☕️讓我們也有一杯咖啡可以等～ https://pay.soundon.fm/podcasts/d7809906-34d5-467b-a47e-7319f0ed7205 製作播報：Kandice Lucy 監製編審：Cathy

本集新聞重點 00:26-01:44 Circle 將重啟 IPO！傳考慮明年初上市 01:45-03:22 MicroStratgy 投 BTC 帳面獲利 9.7 億鎂！ 03:23-04:29 SEC 徵才找無人「要求清空加密資產」；專家酸：適度 HODL 才會想工作 04:30-06:28 日本7-11導入生成式AI，新品開發只需一個月！ 06:29-07:31 滙豐將與 Ripple 子公司合作！提供「代幣化證券」託管服務 本集資料來源 動區動趨、區塊客、Web3+、加密城市 👉🏼追蹤 HOYA BIT 官網 https://tw.hoyabit.com/5VN3j 👉🏼追蹤 HOYA BIT 粉絲團 https://bit.ly/3NRzO8b 👉🏼追蹤 HOYA BIT Instagram http://bit.ly/3tRBd5t 👉🏼追蹤 HOYA BIT YouTube https://bit.ly/3zZN19f ☕️讓我們也有一杯咖啡可以等～ https://pay.soundon.fm/podcasts/d7809906-34d5-467b-a47e-7319f0ed7205 製作播報：Kandice Lucy 監製編審：Cathy

本集新聞重點 00:24-01:30 萬事達卡進攻銀行代幣存款，將推展到 CBDC 及穩定幣服務 01:31-02:55 曾表明「拒碰」加密幣！「香港滙豐」開放客戶買賣比特幣、以太幣 ETF 02:56-05:04 英國法律委員會：加密貨幣和NFT應作為「新個人財產類別」 05:05-07:03 Azuki Elementals讓社群怒炸！鑄造網頁出包、重複圖Bug.. 07:04-08:41 民視AI主播正式上鏡，真人主播會被取代嗎？ 🔍本集資料來源 動區動趨、區塊客、鏈新聞 👉🏼追蹤 HOYA BIT 官網 https://tw.hoyabit.com/5VN3j 👉🏼追蹤 HOYA BIT 粉絲團 https://bit.ly/3NRzO8b 👉🏼追蹤 HOYA BIT Instagram http://bit.ly/3tRBd5t 👉🏼追蹤 HOYA BIT YouTube https://bit.ly/3zZN19f ☕️讓我們也有一杯咖啡可以等～ https://pay.soundon.fm/podcasts/d7809906-34d5-467b-a47e-7319f0ed7205 製作播報：Lucy、Kandice 監製編審：Cathy

本集新聞重點 00:24-01:59 SEC「強監管」將使比特幣受益？ Michael Saylor：看好 BTC 漲 10 倍！ 02:20-03:52 香港金管局施壓！要「滙豐、渣打、中銀」接納加密交易所客戶 03:53-05:37 Fed發表鷹派立場 全網爆倉1.46億鎂 巨鯨被宰！錯邊買超8,500萬鎂 05:38-06:33 彭博：台灣大哥大考慮投資加密貨幣公司 06:34-08:07 貝萊德與 Coinbase 合作訂價 將申請「比特幣 ETF」 🔍本集資料來源 動區動趨、區塊客、經濟日報 👉🏼追蹤 HOYA BIT 官網 https://tw.hoyabit.com/5VN3j 👉🏼追蹤 HOYA BIT 粉絲團 https://bit.ly/3NRzO8b 👉🏼追蹤 HOYA BIT Instagram http://bit.ly/3tRBd5t 👉🏼追蹤 HOYA BIT YouTube https://bit.ly/3zZN19f ☕️讓我們也有一杯咖啡可以等～ https://pay.soundon.fm/podcasts/d7809906-34d5-467b-a47e-7319f0ed7205 製作播報：Lucy、Kandice 監製編審：Cathy

本集新聞重點 00:23-01:45 香港加密行業主管機關明確！證監會管 CEX、DeFi ，金管局負責穩定幣、CBDC 01:46-02:51 香港首間加密友善銀行問世！眾安銀行提供「加密貨幣兌法幣」服務 02:52-03:50 以太坊「上海升級」完成！已有 31 萬枚 ETH 解除質押、排隊提款 03:51-05:08 微策略回本了！美國銀行、富達Q1大量增持其股票 間接曝險BTC 05:08-06:28 台灣司法史上最大宗 法拍 2.6 萬枚 USDT以 81 萬台幣售出 🔍本集資料來源 區塊客、動區動趨、鏈新聞 👉🏼追蹤 HOYA BIT 官網 https://tw.hoyabit.com/5VN3j 👉🏼追蹤 HOYA BIT 粉絲團 https://bit.ly/3NRzO8b 👉🏼追蹤 HOYA BIT Instagram http://bit.ly/3tRBd5t 👉🏼追蹤 HOYA BIT YouTube https://bit.ly/3zZN19f ☕️讓我們也有一杯咖啡可以等～ https://pay.soundon.fm/podcasts/d7809906-34d5-467b-a47e-7319f0ed7205 製作播報：Lucy、Kandice 監製編審：Cathy

本集新聞重點 00:57-01:59 兩年來首次跌破 100 億美元！加密貨幣日交易量持續萎縮 02:00-03:17 趙長鵬身家大縮水、一年蒸發 93%！發文回應：做善事比較重要 03:18-04:50 微策略首賣比特幣！售704 BTC換「稅收優惠」後 又加倉2500顆 04:51-06:21 滙豐曾表明「拒碰」加密貨幣！現「轉態」申請 NFT、虛擬資產商標 06:22-END 比特幣白皮書從小教起！薩爾瓦多正透過國高中教育增加採用率 🔍本集資料來源 區塊客、鏈新聞、動區動趨 👉🏼追蹤 HOYA BIT 官網 https://tw.hoyabit.com/5VN3j 👉🏼追蹤 HOYA BIT 粉絲團 https://bit.ly/3NRzO8b 👉🏼追蹤 HOYA BIT Instagram http://bit.ly/3tRBd5t 👉🏼追蹤 HOYA BIT YouTube https://bit.ly/3zZN19f ☕️讓我們也有一杯咖啡可以等～ https://pay.soundon.fm/podcasts/d7809906-34d5-467b-a47e-7319f0ed7205 製作播報：Lucy、Kandice 監製編審：Cathy

本日新聞重點 嚴防加密貨幣洗錢 金管會緊盯交易所完成法遵聲明 幣圈「梭哈大哥」MicroStrategy又出手！為買比特幣 計畫發售 5 億美元股票 喝咖啡就能獲得NFT？星巴克將推 Web3 平台 Starbucks Odyssey SBF 再出手，FTX Ventures將收購天橋資本 30% 的股權 🔍本集資料來源 動區動趨、區塊客、桑幣筆記Zombit 👉🏼追蹤 HOYA Bit 粉絲團 https://www.facebook.com/HoyaBitExchange ☕️讓我們也有一杯咖啡可以等～ https://pay.soundon.fm/podcasts/d7809906-34d5-467b-a47e-7319f0ed7205 製作播報：Lucy 監製編審：Candice

Airbnb's record bookings in the 2nd quarter weren't enough to boost the stock higher. Why? (0:25) Tim Beyers discusses: - Airbnb's highly questionable decision to allocate $2 billion for a share buyback plan - Match Group shares hitting a new low as the business clearly has work to do - MicroStrategy CEO Michael Saylor stepping down after the company reports an eye-popping loss of $94 a share Sign up for Stock Advisor at http://fool.com/foolfest and you’ll get a complimentary digital pass to our FoolFest 2022, our 2-day investing conference! (13:35) Ricky Mulvey talks with WSJ tech columnist Christopher Mims about Meta Platforms, Apple, and how companies are really using artificial intelligence. Stocks discussed on the show: ABNB, MTCH, BMBL, MSTR, META, AAPL Host: Chris Hill Guests: Tim Beyers, Christopher Mims Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

The FDA is preparing to order Juul Labs to take its e-cigarettes off the market in the U.S. (0:25) Bill Mann discusses: - Shares of Altria Group, owner of a 35% stake in Juul, getting hit on the news - Why one of Altria's main competitors is unaffected - How he thinks about "sin stocks" as a category of investing (10:00) Ricky Mulvey talks with Bill about the billions of dollars of Bitcoin on MicroStrategy's balance sheet affects the view of the business, and what a potential margin call means for its shareholders. Stocks discussed: MO, BTI, MSTR, META, NVDA Host: Chris Hill Guests: Bill Mann Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

I’ve been diving into cryptocurrency and I do not want any of you to miss out on the opportunity to learn more about Bitcoin and crypto for yourselves. I am all in when it comes to building businesses and being the entrepreneur that I am, but when it comes to finances, I am definitely out of my comfort zone. It feels like a movement going on around Bitcoin and crypto, and it would feel so wrong to not bring you, someone, I think you should definitely spend time researching, Michael Saylor. The once-in-a-lifetime opportunity that is accessible to nearly every single person cannot be disregarded out of ignorance. Michael is an MIT graduate and the CEO of Micro-strategy and a self-appointed ambassador for the Bitcoin Movement, whose explanations of what Bitcoin is and why this is so important is one of the best I’ve heard in my own pursuit to better understand cryptocurrency. Listen, research, and do what is best for you, but I urge you to make an informed decision.  SHOW NOTES: Startup | Michael on how MicroStrategy started [1:39] Risks | What growing $16 million with risks was in comparison to no risks [3:53] First Principles | First Principles thinking and being intellectually fearless [11:22] Bitcoin | Michael explains how why bitcoin is 1st engineering in economics [21:50] Currency Value | Breaking down the shift in wealth with devaluing currency [25:51] Inflation | Michael debunks inflation myth, unpacking the real problem [28:50] Hyperinflation | Hyperinflation in bonds, crypto, luxury items [34:26] Cash Is Trash | Michale explains how cash is losing value, and at what rate [38:24] Devaluation Rate | Michael on the challenge of beating currency devaluation [43:03] Currency Conversion | Converting weak currency to stronger assets is best [48:48] What Is Bitcoin | Michael explains why bitcoin is more valuable and desirable [51:20] Crypto Volatility | Bitcoin volatility and seeing how big the problem is [1:05:11] Accessibility | Bitcoin accessibility and solution for rich and poor [1:15:53] Bitcoin Secure | Michael exposes how Bitcoin is a secure asset [1:20:57] Sustainable Energy | Bitcoin, sustainable energy and Elon Musk [1:22:49]   Check out our sponsors: LMNT: Go to drinkLMNT.com/Impact to try their brand NEW flavor - Watermelon Salt. RAEN: Go to RAEN.com and use our promo code IMPACT for 25% off your first order. THE SHIFT: Get 15% OFF -- Click the link and use code Impact15 at checkout. https://www.dpbolvw.net/click-100388549-14480052 BAMBEE: Go to Bambee.com/impact to schedule your FREE HR audit. T HRYVE: Get 50% off your at-home gut health test at trythryve.com/impact InsideTracker: Get 25% off their entire store at insidetracker.com/impacttheory Are You Ready for EXTRA Impact? If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more New episodes delivered ad-free Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more: Legendary Mindset: Mindset & Self-Improvement Money Mindset: Business & Finance Relationship Theory: Relationships Health Theory: Mental & Physical Health Power Ups: Weekly Doses of Short Motivational Quotes  Subscribe on Apple Podcasts: https://apple.co/3PCvJaz Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices