Ben Werkman is known for his insightful analysis of Bitcoin and MicroStrategy's innovative treasury approach. With a background in finance and banking, Ben offers valuable perspectives on corporate Bitcoin adoption (like MSTR)and investment strategies.

› Follow Ben: https://x.com/benwerkman

SPONSORS

🧘‍♂️ Gain peace of mind with Onramp’s Multi-Institution Custody solution. Receive $250 in Bitcoin when you join via https://onrampbitcoin.com/bramk

🔨 Stamp Seed: The safest way to backup your hardware wallet - Get 15% off with code BRAM at https://stampseed.com

PRODUCTS I ENDORSE

› Foundation Passport: a premium Bitcoin hardware wallet that I love. Get $10 off: https://foundation.xyz/bram

› Buy Bitcoin in the EU 🇪🇺 via https://relai.me/bram and use code BRAM to reduce fees by 0.5%

🔔 SUBSCRIBE TO GET NOTIFIED

› YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠

› Follow Bram on ⁠⁠https://x.com/bramk

🕑 TIMESTAMPS

00:00 - Introduction to Bitcoin as a Corporate Asset

02:21 - MicroStrategy's Business Model Pivot

10:39 - Transformative Corporate Strategies with Bitcoin

18:22 - The Digital Capital Arms Race

25:08 - FASB Changes and Their Implications

31:58 - Valuing MicroStrategy: Bitcoin Per Share and S&P 500 Inclusion

41:41 - Understanding Bitcoin's Valuation Dynamics

43:14 - The Urgency in Bitcoin Accumulation

44:39 - MicroStrategy's Financial Strategy and Debt Management

47:30 - The Role of Preferred Stock in MicroStrategy's Future

58:28 - Engineering Lower Volatility in Financial Products

01:00:44 - The Long-Term Vision of MicroStrategy and Bitcoin

01:09:02 - Future Prospects for MicroStrategy and Bitcoin Banking

01:11:33 - Risk Assessment in MicroStrategy's Strategy

01:14:24 - Short Selling Dynamics and Market Reactions

01:16:35 - Core Beliefs and Thinking Differently

Whether to Buy or Build Generative AI Applications