Adam Back Part 1: From Cypherpunk to Corporate Bitcoin Treasury Leader
Coin Stories
Assessing Risk When MNAVs Compress
Natalie asks about MNAV compression; Adam discusses months-to-cover, accumulation rates, and how company strategies affect valuation risk.
In this 2-part interview, Bitcoin legend Adam Back explains why he recently launched his own Bitcoin treasury company, BSTR, and what it means for investors.
We cover Strategy’s playbook, MetaPlanet’s rise, and how these new corporate structures could reshape Bitcoin’s future. He also shares how everyday investors should weigh these companies against simply holding Bitcoin themselves. Follow Adam Back on X https://x.com/adam3us
Part 2 debuts on Thursday, October 2nd - make sure you're subscribed for notifications.
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