MSTR Is Buying Back STRC. ASST Is Buying 4,045 Bitcoin.
Episode 39 min 25s

MSTR Is Buying Back STRC. ASST Is Buying 4,045 Bitcoin.

Strive is closing in on becoming the world's #2 Bitcoin Treasury company. But can its explosive growth continue?In just 13 months, Strive (ASST) has gone from holding zero Bitcoin to potentially accumulating over 44,000 BTC, challenging Metaplanet for the second-largest publicly traded corporate Bitcoin treasury.

And with its massive $700 million SATS IPO, Strive is opening another capital-raising engine that could accelerate its Bitcoin accumulation even further.

Meanwhile, Strategy (MSTR) has spent over $1+ billion buying back STRC preferred shares, yet the stock continues to struggle to return to its $100 par value.

Is Strategy's Digital Credit model running into trouble? Has Strive built a better Bitcoin accumulation machine? And could preferred equities fundamentally transform capital markets?

In this episode of One Chair Podcast, we're joined by Tyler Rowe, Head of Content at BitcoinTreasuries.net, to break down the latest developments reshaping the Bitcoin Treasury industry.


🔥 What we cover:

- Strive's incredible Bitcoin accumulation: How ASST could reach over 44,000 BTC and challenge Metaplanet for the #2 position.

- The $700M SATS IPO: Why Strive's new preferred stock offers an effective yield of approximately 15%, and the risks investors shouldn't ignore.

- Strategy's STRC buybacks: Why more than $1 billion in repurchases hasn't restored the preferred stock to par.

- STRC vs SATA vs SATS: How these Digital Credit instruments compare in yield, risk, capital structure, and Bitcoin coverage.

- The race to 100,000 BTC: Could Strive reach this milestone by the end of 2027?

- Bitcoin amplification: Why Strive's preferred equity strategy could generate outsized returns for common shareholders in a Bitcoin bull market.

- Metaplanet's US expansion: How Super Planet (SUPA) could unlock access to American capital markets.

- The future of Bitcoin Treasury companies: Why perpetual preferred equities could become a defining financial innovation of this cycle.


Follow our guest:

- Tyler Rowe: https://x.com/TylerCompiler

- BitcoinTreasuries.net: https://x.com/BTCtreasuries- BitcoinTreasuries.net: https://www.youtube.com/@BitcoinTreasuriesNet

- BitcoinTreasuries.net: https://bitcointreasuries.net/

- Treasury Orange: https://www.youtube.com/@UCXA4-UZCUf87wBA6TromGxQ


00:00 Intro: Strategy, Strive & the Bitcoin Treasury Race

01:16 Strategy's STRC Buyback: Is It Working?

02:33 Should Strategy Raise STRC's 12% Dividend?

06:01 Are STRC Buybacks Signaling Weakness?

10:08 What Happens to STRC if Bitcoin Hits $100K?

10:58 Strive's Explosive Growth: 4,045 BTC in One Week

13:34 Why Strive Is the Fastest-Growing Bitcoin Treasury

15:42 SATS Explained: Is a 15% Yield Worth the Risk?

19:00 Can SATS Push SATA Back to $100 Par?

24:20 Could Strive Become the Next Strategy?

26:59 Can Strive Reach 100,000 BTC by 2027?

30:17 Bitcoin Amplification: Strive vs Strategy

32:26 Metaplanet's US Expansion: Super Planet (SUPA)

35:23 The Future of Bitcoin Treasury Companies

38:16 Where to Follow Tyler Rowe & BitcoinTreasuries.net


Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81


DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only.


Thank you for listening!


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