Investor, entrepreneur, and IREN board member Mike Alfred sits down with Natalie Brunell for a deep-dive into Bitcoin, AI, equities markets, retail investing, and the future of the global financial system.

Mike breaks down why he believes Bitcoin is the most important asset in human history, why AI is only in the first inning, and how he approaches asymmetric investing, long-duration conviction, and risk management. We discuss:

Why Mike believes Bitcoin is the most de-risked large-scale asset ever
AI's 20-year growth cycle & its overlap with Bitcoin
How Bitcoin miners evolved into AI power companies
Treasury companies, NAV myths & structural risks
Global liquidity cycles & Bitcoin price catalysts
The 5 picks Mike would make when investing $1 million today

----

Pre-order Natalie's new book "Bitcoin is For Everyone," available November 18, 2025. https://amzn.to/3WzFzfU

----

Coin Stories is powered by Gemini. Invest as you spend with the Gemini Credit Card. Sign up today to earn a $200 intro Bitcoin bonus. The Gemini Credit Card is issued by WebBank. See website for rates & fees. Learn more at https://www.gemini.com/natalie

----

Coin Stories is powered by Bitwise. Bitwise has over $10B in client assets, 32 investment products, and a team of 100+ employees across the U.S. and Europe, all solely focused on Bitcoin and digital assets since 2017. Learn more at https://www.bitwiseinvestments.com

----

Bitdeer Technologies Group ($BTDR) is a global leader in Bitcoin mining and high-performance computing for AI, with operations spanning four continents. Learn more at https://www.bitdeer.com

----

Ledn is the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Get .25% off your first loan, learn more at https://www.Ledn.io/natalie

----

Natalie's Bitcoin Product and Event Links:

For easy, low-cost, instant Bitcoin payments, I use Speed Lightning Wallet. Play Bitcoin trivia and win up to 1 million sats! Download and use promo code COINSTORIES10 for 5,000 free sats: https://www.speed.app/coinstories
Block's Bitkey Cold Storage Wallet was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 20% off using code STORIES at https://bitkey.world
Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/natalie
Genius Group (NYSE: $GNS) is building a 10,000 BTC treasury and educating the world through the Genius Academy. Check out *free* courses from Saifedean Ammous and myself at https://www.geniusgroup.ai
Earn passive Bitcoin income with industry-leading uptime, renewable energy, ideal climate, expert support, and one month of free hosting when you join Abundant Mines at https://www.abundantmines.com/natalie
Bitcoin 2026 will be here before you know it. Get 10% off Early Bird passes using the code HODL: https://tickets.b.tc/event/bitcoin-2026?promoCodeTask=apply&promoCodeInput=
Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America's most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie
Ditch your fiat health insurance like I did four years ago! Join me at CrowdHealth: www.joincrowdhealth.com/natalie

----

This podcast is for educational purposes and should not be construed as official investment advice.

----

VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS

Strike ID https://strike.me/coinstoriesnat/
Cash App $CoinStories

#money #Bitcoin #investing

HR 1 - Josh Yohe Ahead of Pens Home Opener, Electric Bikes