The Bitcoin Treasury Podcast – Details, episodes & analysis

Wealth manager Matt Golliher called Bitcoin "digital Beanie babies" in 2017. Today he's co-founded Orange Horizon Wealth and has the MAJORITY of his clients off zero. Here's what changed his mind.

In this Bitcoin Treasuries exclusive, the partner at Vista Investment Partners and co-founder of Orange Horizon Wealth reveals:

✅ Why he was WRONG to dismiss Bitcoin as "digital Beanie Babies" in 2017 (Saylor changed everything)

💰 The "Price of Tomorrow" framework that breaks through advisor skepticism

📊 Why MAJORITY of Vista clients now have Bitcoin allocations

🎯 The career risk reality: Why advisors at top firms still won't touch Bitcoin in 2026

⚡ Two categories every Bitcoiner needs: Savings vehicle vs portfolio enhancer

🚨 Why baby boomers sometimes get Bitcoin FASTER than millennials

💎 The estate planning question every 7-figure Bitcoiner must answer

"Bitcoin Treasury Companies Are DEAD." | Pierre Rochard & Alexandre Laizet Fight Back Bitcoin dropped 50% and the consensus says Bitcoin treasury companies are dead. Pierre Rochard (Director at Strive) and Alexandre Laizet (Director at Capital B) reveal what's actually happening behind the scenes during treasury companies' first major bear market since the sector exploded. In this inaugural Bitcoin Treasuries Roundtable episode, Pierre and Alexandre break down:

✅ Why MSTR already survived a worse bear market in 2022 (and what changed)

✅ The real reason Bitcoin fell while gold and Nvidia soared

✅ How Saylor accumulated 276% of mined supply in 2025

✅ Why banks still can't hold Bitcoin (and the Fed rule that needs to change)

✅ The crypto industry meltdown nobody's talking about

✅ Why stablecoins killed Ethereum's investment thesis overnight

✅ What "investment grade STRETCH" would mean for institutional capital

✅ The speculative attacks theory: Why there will be multiple waves, not one

🎙️ Featured Panelists:

Pierre Rochard - CEO of Bitcoin Bond Company, Director at Strive, Bitcoin OG and longtime podcaster. Follow Pierre: https://x.com/@BitcoinPierre

Alexandre Laizet - Director at Capital B (Europe's first Bitcoin treasury company). Follow Alexandre: https://x.com/@AlexandreLaizet 🤝 SUPPORT OUR SHOW: COLDCARD is the industry-leading hardware wallet. Secure your Bitcoin at https://store.coinkite.com. Use referral code 6BT to get 6% off at checkout!

🔗 Resources:

🔔 Follow Bitcoin Treasuries: https://x.com/@BTCtreasuries

🔔 Follow Tyler: https://x.com/@TylerCompiler

🔔 Subscribe for weekly roundtables: https://youtube.com/@BitcoinTreasuriesNet

📧 Questions/Feedback: roundtable@bitcointreasuries.net

🎬 About the Show: The Bitcoin Treasuries Roundtable brings together executives, investors, and industry leaders navigating the Bitcoin treasury company revolution. Hosted by Tyler Rowe, Head of Video at BitcoinTreasuries.net. We analyze corporate Bitcoin adoption strategies, market dynamics, and institutional capital flows.

⚠️ Disclaimer: This podcast is for informational purposes only. Not financial advice. Markets are volatile. Always do your own research.

Tyler Rowe sits down with professional options trader Soleil to explore why MicroStrategy's STRC preferreds are revolutionizing Bitcoin exposure—and why $8 trillion in money market capital can't access them yet. They break down the mechanics of Bitcoin digital credit (STRC, SATA), explain how covered call strategies work on volatile treasury stocks, and reveal the institutional barriers keeping financial advisors from allocating client funds to 11% yielding Bitcoin preferreds.

Plus: the Saylor vs What Bitcoin Did debate on "pure play" companies, amplification ratio management, and why the shift from convertible bonds to preferreds was necessary for responsible leverage. Learn how options traders are navigating MSTR volatility, what the Strive reverse split means for premiums, and why Bitcoin treasury companies have permanent structural advantages over 99% of traditional equities.

Featured: Soleil (https://x.com/@nithusezni) - Orange Pill Investor, True North analyst

Follow the show:

• Twitter: https://X.com/@BTCtreasuries
• YouTube: https://YouTube.com/@BitcoinTreasuriesNet
• Host: https://X.com/@TylerCompiler

Matthew Mezinskis has been tracking Bitcoin's power law and global monetary base since 2018. He's back with a chart showing 90% of all Bitcoin price history is higher than today — and another showing exactly when Saylor's 10% interest model hits a mathematical wall.

He covers the power law end-of-year range ($85K–$185K), why the four year cycle may finally break in 2025, why nation state adoption fireworks start around 2035, and the biggest long-term risk no one is talking about — institutions centralizing enough BTC to fork regular holders off the network.

Follow Matthew: https://twitter.com/@1basemoney | https://porkopolis.io

CHAPTERS: 00:00 Cold Open 00:43 Did Bitcoin's Four-Year Cycle Die? 10:08 BTC Power Law Chart 16:54 Schelling Points In Bitcoin 24:50 Bitcoin Supply Shock 36:05 Bitcoin's Next Cycle Catalyst 44:54 Bitcoin's Role In USD Hegemony 52:37 Michael Saylor's Gambit 1:04:41 Economic Node Centralization Threat 1:13:20 Where To Follow Matthew Mezinskis 1:13:41 Stay Orange

🏛️ Institutional custody & OTC at bit.ly/bitGo 🔒 Secure your Bitcoin with COLDCARD — use code 6BT for 6% off at bit.ly/coinkiteStore 🏦 Borrow against your BTC from 8.49% at bit.ly/archlending 💼 Bitcoin executive recruitment at bit.ly/XCEio ⚡️ Bitcoin yield without leaving custody at bit.ly/hemiXYZ

📊 Track every Bitcoin treasury company at bitcointreasuries.net ⚠️ Not financial advice. Do your own research. 🟠 Stay Orange.

Mark Connors sat behind Michael Lewis at Salomon Brothers in 1986 as Liar's Poker was being written. Forty years later, as founder of Risk Dimensions and former Global Head of Risk at Credit Suisse, he's concluded there are no levers left to pull in the fiat system — and Bitcoin is terra firma.

He breaks down why Kevin Warsh won't fix the Fed, why the SLR repeal is the real story, why Powell's rate hike campaign was indefensible from a risk management perspective, why a 3% Bitcoin allocation increases 60-40 portfolio returns by 35% with lower downside deviation, and why STRC could trade at 4.5% as Bitcoin mining decentralizes further — unlocking a tidal wave of institutional capital.

TIMESTAMPS:

00:00 Cold Open

00:41 Mark's Story — Salomon Brothers & Liar's Poker

03:41 Kevin Warsh, The Fed & The SLR Repeal

10:22 Hedge Funds, Foreign Demand & Treasury Auction Risk

14:08 Bessent, Short-End Financing & The Debt Treadmill

16:52 Glass-Steagall's Repeal — The Moment Everything Changed

20:00 SVB, Powell's Rate Jihad & Unpriced Risk

29:53 Institutional Adoption of Bitcoin

35:02 Evaluating Digital Credit Strategies

43:07 Sovereign Bitcoin Reserves & The Game Theory

46:56 Resources & Stay Orange

Follow Mark: https://riskdimensions.io Substack: The Macro Case For Bitcoin | Podcast: The New Barbarians

Special thanks to @hemi_xyz — https://bit.ly/hemiXYZ

🔒 Secure your Bitcoin with COLDCARD — use code 6BT for 6% off at bit.ly/coinkiteStore 🏦 Borrow against your BTC from 8.49% at bit.ly/archlending 🏛️ Institutional custody & OTC at bit.ly/bitGo 💼 Bitcoin executive recruitment at bit.ly/XCEio

📊 Track every Bitcoin treasury company at bitcointreasuries.net

⚠️ Not financial advice. Do your own research.

🟠 Stay Orange.

OranjeBTC holds 3,700+ Bitcoin and is the largest Bitcoin treasury company in all of Latin America. Gui Gomes and Sam Callahan join Alexandre Laizet and Tyler Rowe to break down why MARA's Bitcoin sale was a mistake, why OranjeBTC was the first listed company to add STRC to their balance sheet, and why only five or six companies in the world have truly understood the digital credit playbook. They also cover AI agents and Bitcoin, the STRC flywheel mechanics, why 80% of STRC ownership is retail, and Alexandre's closing thesis that STRC will 100x in size over the next decade. Follow Gui: https://twitter.com/@guiamadogomes & https://twitter.com/@ORANJEBTC Follow Sam: https://twitter.com/@samcallah Follow Alexandre: https://twitter.com/@_ALCPB & https://twitter.com/@AlexandreLaizet Special thanks to @hemi_xyz — https://bit.ly/hemiXYZ 🔒 Secure your Bitcoin with COLDCARD — use code 6BT for 6% off at bit.ly/coinkiteStore 🏦 Borrow against your BTC from 8.49% at bit.ly/archlending 🏛️ Institutional custody & OTC at bit.ly/bitGo 💼 Bitcoin executive recruitment at bit.ly/XCEio 📊 Track every Bitcoin treasury company at bitcointreasuries.net ⚠️ Not financial advice. Do your own research. 🟠 Stay Orange.

Scott Ellam built a UK executive recruitment business from scratch at 24, quietly stacked Bitcoin on the balance sheet for four years, then took the whole thing public. Now he's launching the world's first truly Bitcoin-denominated convertible bonds — where the conversion price tracks Bitcoin's price — and building a dedicated Bitcoin executive recruitment division placing senior talent confidentially into the fastest growing sector in finance.

He also breaks down why STRC is Saylor's iPhone moment, why his equity incentive structure attracts talent no traditional recruiter can compete with, and why every operating company will eventually face the same question: do you back your balance sheet with digital credit or Bitcoin?

Follow Scott: https://X.com/@btconlyscott | XCE: https://xce.io

🔒 Secure your Bitcoin with COLDCARD — use code 6BT for 6% off at store.coinkite.com 🏦 Borrow against your BTC from 8.49% at archlending.com 🏛️ Institutional custody & OTC at bitgo.com

📊 Track every Bitcoin treasury company at bitcointreasuries.net

⚠️ Not financial advice. Do your own research.

🟠 Stay Orange. Special thanks to @hemi_xyz — https://hemi.xyz Activate compliant Bitcoin yield without leaving custody

SmarterWeb just became the first Bitcoin treasury company admitted to the FTSE All Share index — meaning Bitcoin is now quietly inside most UK pension portfolios. Andrew Webley and Jesse Myers of SmarterWeb join Alexandre Laizet of Capital B for the Bitcoin Treasuries Roundtable.

Jesse lays out the capital pump thesis — how Bitcoin treasury companies are the plumbing of hyperbitcoinization, systematically pulling capital out of bonds, equities and money markets and channeling it into Bitcoin. Andrew explains why Morgan Stanley can't afford to ignore this anymore. And Alexandre makes the case that we are one bull market away from escape velocity.

Follow Andrew: https://twitter.com/@asjwebley Follow Jesse: https://twitter.com/@Croesus_BTC Follow Alexandre: https://twitter.com/@AlexandreLaizet

🔒 Secure your Bitcoin with COLDCARD — use code 6BT for 6% off at store.coinkite.com 🏦 Borrow against your BTC from 8.49% at archlending.com 🏛️ Institutional custody & OTC at bitgo.com

📊 Track every Bitcoin treasury company at bitcointreasuries.net

⚠️ Not financial advice. Do your own research.

🟠 Stay Orange.

Adrian Morris of MSTR True North joins Tyler Rowe to make a data-backed case that most of the Bitcoin community is getting wrong.

After modeling MSTR price action across every interval imaginable, Adrian concludes that Saylor's share issuance isn't hurting the stock, mNAV is pure sentiment that cannot be front-run, and MSTR's options volume now rivals the biggest names in tech. He also breaks down the USD cash reserve debate, why the convertible bonds were a necessary stepping stone to preferred equity, and why the current bear market is a narrative competition against AI and gold — not a Bitcoin failure.

Follow Adrian: https://x.com/@_Adrian True North live every Wednesday at 10PM ET.

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🔒COLDCARD is the industry-leading Bitcoin hardware wallet. Secure your Bitcoin at https://store.coinkite.com — use referral code 6BT to get 6% off at checkout!

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📊 Track every Bitcoin treasury company at bitcointreasuries.net

⚠️ Not financial advice. Do your own research.

🟠 Stay Orange.

Yves Choueifaty, founder of TOBAM and the man who launched the world's first open-ended Bitcoin fund in 2017, joins Alexandre Laizet of Capital B for the Bitcoin Treasuries Roundtable — and immediately reframes the entire conversation. We are not in a bear market. This drawdown is less than one volatility deviation. The Bank of England did exactly what Saylor is doing, in 1694. Hal Finney predicted Bitcoin reserve banks in 2010. And STRC may be the most important savings product ever created for the billions of people without access to reliable savings. They also break down Capital B's innovative €3M warrant raise with zero share issuance, why mNAV below 1.0 is a gift, and why 100 million millionaires fighting over 21 million Bitcoin is not a question of if — only when. Follow Yves: ⁠https://twitter.com/@YChoueifaty⁠ | TOBAM: ⁠https://www.tobam.fr⁠ Follow Alexandre: ⁠https://twitter.com/@AlexandreLaizet⁠ Follow Tyler: https://twitter.com/@TylerCompiler 🔒 Secure your Bitcoin with COLDCARD — use code 6BT for 6% off at store.coinkite.com 📊 Track every Bitcoin treasury company at bitcointreasuries.net ⚠️ Not financial advice. Do your own research.

🟠 Stay Orange.