Dylan LeClair: Metaplanet is Japan's Bitcoin Treasury Company

Dylan LeClair, Director of Bitcoin Strategy at Metaplanet, joins the show to discuss what's going on at Metaplanet, his takeaways from living in Japan, and what the future of Bitcoin looks like in Japan and beyond. 

- this episode is sponsored by Onramp - $150 in Bitcoin to get your account started.

https://onrampbitcoin.com/

- This episode is sponsored by Stamp Seed. Use the code "Tim15" at check out for 15% off site wide

https://www.stampseed.com/

Disclaimer: NOT FINANCIAL ADVICE - For entertainment purposes only.

Tim Kotzman on X: https://x.com/TimKotzman

Dylan LeClair on X: https://x.com/DylanLeClair_

0:00 - Intro

0:11 - What’s going on at Metaplanet

5:50 - Moving strike warrants

12:36 - Dylan’s takeaways from living in Japan

21:11 - Metaplanet’s partnership with Bitcoin Magazine

25:03 - What was buying Bictoin like in Japan before Metaplanet?

30:18 - Is Metaplanet still the only Bitcoin Treasury company in Japan?

35:06 - Dilution vs Accretive Dilution

39:58 - Limit Up-Limit Down

43:20 - What does Dylan’s day-to-day look like?

44:34 - How does Dylan think about the volatility of Metaplanet stock?

49:11 - Could Metaplanet list in the US?

51:14 - Dylan’s thoughts on mNAV for Bitcoin Treasury companies

1:02:04 - The mechanics of issuing shares and then buying Bitcoin

1:08:12 - How long until the next Japanese Bitcoin-leveraged company comes around?

1:11:02 - What does Dylan see on the horizon for financial services products?

1:16:49 - How could this cycle play out differently?

1:24:46 - Dylan’s thoughts on the US Sovereign Wealth Fund

#podcast #bitcoin #microstrategy #investing #mstr #btc