Michael Saylor: Genius or Madman? The Bitcoin Treasury Company Playbook (JWP62)

Is buying a Bitcoin-treasury stock like MicroStrategy the smartest way to stack sats, or an over-leveraged trap? In Episode 62 of The Jake Woodhouse Podcast, I dissect the boom in Bitcoin Treasury Companies, compare MSTR to its fast-growing copycats, and map out when (or if) it actually makes sense to buy the BTC treasury company stock instead of the underlying bitcoin.

*Pull This Up While Listening:*

https://x.com/i/grok/share/EzYNlGRwRXZlaG5cVn7kHWaMi

https://x.com/i/grok/share/gIBUUTVo04D0FGXXyIXOx5XQH

https://x.com/i/grok/share/oGvT2iXijODEGUjzS62w2KhFJ

TIMESTAMPS:

0:00 – Bitcoin Treasury Companies Explained

3:12 – Debt, Lending, and Cost of Capital

4:32 – How Much Bitcoin Does MSTR Hold?

6:14 – MSTR vs MSTY, MSTU, STRD, STRF, STRK

8:08 – When’s the Best Time to Buy MSTR?

9:19 – Trump Media’s $2.3B Gamble

9:33 – The Metaplanet Playbook

13:27 – Who’s Driving Bitcoin Demand?

15:50 – The Bitcoin Moment: Crossing the Chasm

18:35 – Risks of Bitcoin Treasury Stocks

21:26 – mNAV: Risks Explained

23:50 – Final Takeaways

New episodes drop Monday, Wednesday, and Friday. Let's learn together.

If you want to learn more or connect, visit my website: https://jakewoodhouse.io/