Supply Shock The Bitcoin Flywheel Accelerating Corporate Adoption | Hans Thomas
16 snips
Aug 19, 2025 Hans Thomas, CEO & Founder of 10x Capital, shares his expertise on Bitcoin treasury companies as vital on-ramps for digital asset adoption. He discusses how these firms use the flywheel effect to amplify holdings and highlights the importance of capital formation strategies. Thomas delves into the nuances of raising funds from crypto whales and navigating emerging markets, stressing that execution and cost-effectiveness are crucial—more than mere hype. His insights offer a compelling look at the future of corporate Bitcoin adoption.
AI Snips
Chapters
Transcript
Episode notes
Treasury Companies Are Global On‑Ramps
- 10x Capital sees treasury companies as global on-ramps that accelerate Bitcoin adoption across markets.
- They prioritize building asset-manager-led public vehicles to compound holdings and scale globally.
$500M Deal With CZ's Family Office
- 10x closed a $500 million deal with Easy Labs and placed a partner, David Namdar, as CEO to run the asset strategy.
- They used that platform to promote a large global listing and to accumulate Bitcoin on the balance sheet.
Avoid Debt That Risks The Treasury
- Avoid treasury companies that use risky debt which could force Bitcoin sales under stress.
- Prioritize managers with custody controls, low-cost funds, and discipline to never sell the Bitcoin.