Lance Vitanza, Managing Director at TD Cowen, joins Owen Lau, Executive Director at Oppenheimer & Co., to delve into the earnings season of crypto companies. They discuss Strategy's impressive $10 billion net income driven by Bitcoin and new accounting rules, while Coinbase's disappointing results spark debates on its future after missed estimates. Vitanza highlights systemic risks tied to Bitcoin holdings, while Lau presents a bullish outlook on Coinbase, emphasizing the potential of new banking partnerships and upcoming market shifts.
