Merryn Talks Money Bitcoin Treasuries: Inflation Hedge or Hype-Driven Bubble?
8 snips
Jul 1, 2025 
Join Dominic Frisby, author of The Flying Frisby investment newsletter, as he dives into the intriguing world of Bitcoin treasuries. He discusses how public companies are adopting Bitcoin not just as a speculative bet, but as a strategy against inflation. The conversation highlights the volatile nature of these investments and the absurdities of valuing companies based on their Bitcoin holdings. Frisby also examines the psychology of retail investors in the crypto space, exploring whether current trends indicate a bubble or a genuine opportunity.
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Michael Saylor's Bitcoin Switch
- Michael Saylor transformed MicroStrategy by buying Bitcoin to hedge against inflation.
- His bold strategy turned a stagnant company into a major Bitcoin proxy for investors.
Premiums Fuel Bitcoin Treasury Growth
- Bitcoin treasury companies often trade at large premiums to their Bitcoin holdings' value.
- This premium allows some companies to issue shares above their net asset value, fueling rapid Bitcoin accumulation.
Take Profits Early
- Take profits early in fast-rising Bitcoin treasury stocks.
- Enjoy the ride but remain cautious with volatile speculative investments.