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 a BTC treasury company 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/*