

The Hurdle Rate Podcast
thehurdleratepod
Join Matt, Ben, Jeff, and Tim for an entertaining and informative weekly podcast cutting through conventional wisdom on Bitcoin, investing, and macroeconomics. Every Wednesday, this forward-thinking team delivers unique perspectives and innovative insights that challenge mainstream financial narratives, empowering listeners to make more independent decisions for their corporate or personal financial lives.
Is Bitcoin your hurdle rate?
New episodes every Wednesday!
Is Bitcoin your hurdle rate?
New episodes every Wednesday!
Episodes
Mentioned books

Aug 26, 2025 • 59min
Episode 24 - Fed Signals and Equity Stakes
Episode 24 - Fed Signals and Equity Stakes
Thank you to our sponsor, Swan Bitcoin.
We buy Bitcoin at Swan.com
[00:00:00] Welcome Back to The Hurdle Rate
[00:00:45] Meet The Hurdle Rate’s First Guest Host, Avik Roy
[00:02:44] Strive’s Major News Announcement
[00:08:40] The Fed Symposium in Jackson Hole
[00:29:59] Intel & The US Government
[00:56:33] Update on Tim’s Unconference

Aug 19, 2025 • 56min
Episode 23 - Noise in the Market
Episode 23 - Noise in the Market
Thank you to our sponsor, Swan Bitcoin.
We buy Bitcoin at Swan.com
[00:00:00] Welcome Back to The Hurdle Rate
[00:00:30] Trading Below 1 mNAV?
[00:27:41] Gold Revaluation
[00:36:51] Bitcoin Treasury Executive Compensation
[00:42:10] Preferred Liquidation Preference

11 snips
Aug 13, 2025 • 52min
Episode 22 - Commodity, Security, Token
Dive into the evolving landscape of Bitcoin and Ethereum as they navigate market capitalization debates. Discover the implications of centralization within Ethereum and how traditional financial models adapt to cryptocurrencies. Enjoy insights on strategic accumulation of Bitcoin amidst a competitive treasury environment. Also, get a glimpse of the engaging alternative to conferences with the unconference model, emphasizing community-driven discussions. Finally, explore transformative trends in Bitcoin finance and its integration into corporate strategy.

13 snips
Aug 5, 2025 • 58min
Episode 21 - The Intelligent Leverage Trade: Winter Isn't Coming Back
Explore the fascinating evolution of investor relations as bold questions reshape dialogue in the Bitcoin realm. Discover the innovative strategies surrounding At-the-Market capital raising and how financial leverage is transforming corporate finance. Unpack insights from a recent Bitcoin conference that examine the volatile nature of treasury companies and the resilience needed for navigating potential bear markets. Join a discussion on the significance of transparency and communication in an ever-evolving digital landscape.

8 snips
Jul 29, 2025 • 52min
Episode 20 - Convert to IPO
Dive into the thrilling world of Bitcoin-linked financial instruments, where the intricacies of converting debt can reshape a company's future. Discover the impact of a massive IPO and underwhelming ATM usage on the evolving market landscape. Explore how Bitcoin could address systemic financial issues amidst economic uncertainty. Plus, witness the theatrical blend of politics and entertainment in a recent public performance that sparked discussions on authenticity versus spectacle. Gain insights into MNAV as a vital indicator of market sentiment.

Jul 23, 2025 • 54min
Episode 19 - A Huge Wave of Capital isn't a STRC
Episode 19 - A Huge Wave of Capital isn't a STRC
Thank you to our sponsor, Swan Bitcoin.
We buy Bitcoin at Swan.com
[00:00:00] - Welcome Back to The Hurdle Rate
[00:00:23] - STRC - What Does It Mean to You?
[00:20:54] - Real Estate Vs Perpetual Preferred Products
[00:38:45] - Is Winter Coming Back?
[00:50:25] - Ben Breaks The Top 20
[00:51:01] 351 and Joining the Strive Family

Jul 15, 2025 • 48min
Episode 18 - Transparency is Not Priced In
Episode 18 - Transparency is Not Priced In
Thank you to our sponsor, Swan Bitcoin.
[00:00:00] Welcome Back to The Hurdle Rate
[00:01:47] Strategy’s Latest Buy
[00:08:25] Altcoin Treasury Companies?
[00:18:58] AI’s Impact on Bitcoin Treasury Companies
[00:25:17] Breaking Down ‘Analysts’ Estimates on MSTR
[00:33:24] So Much for Sideways Summer?
[00:37:51] The End of Earnings Volatility?
[00:41:28] The Mispricing of Risk for Bitcoin Treasury Companies
[00:43:36] New Tariffs, No Flinch

10 snips
Jul 8, 2025 • 39min
Episode 17 - Strategy hits their STRD
A new vice president of Bitcoin strategy at Strive brings fresh insights to the evolving role of authenticity and community in finance. The discussion dives into Bitcoin treasury management, highlighting innovative strategies for enhancing shareholder value. Also explored are the emerging trends in preferred equity instruments and their impact on market resilience. The podcast emphasizes the need for companies to adapt their business models in the face of changing market conditions and the growing interest in Bitcoin as a treasury asset.

18 snips
Jul 1, 2025 • 52min
Episode 16 - Dividend Drip
Dive into the fascinating world of dividend reinvestment and its impact on market dynamics. Discover how preferred securities outperform corporate bonds and the surge in valuations due to new capital. Bitcoin's role in corporate finance also steals the spotlight, highlighting its long-term potential as an inflation hedge. Explore the complexities of risk in fixed income investments and the challenges posed by the dynamic cryptocurrency market. Finally, unpack the currency conundrum affecting younger generations and the real estate landscape.

13 snips
Jun 24, 2025 • 55min
Episode 15 - Billions in Bitcoin Treasuries
The podcast dives into the exciting world of Bitcoin treasuries, highlighting recent capital raises and strategies by companies in the sector. Insights from a Bitcoin event in Prague showcase growing global interest, contrasting European dynamics with those in Las Vegas. Discussions around institutional investments reveal a potential shift in market trends, emphasizing long-term strategies. Recent fundraising successes and ETF inflows underscore evolving opportunities, while the importance of aggressive communication in investor relations reflects a changing digital landscape.