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NewsBitcoin Magazine · · 2 min read

Jeff Walton: Where the Next Trillion Dollars for Bitcoin Comes from, $SATS IPO Update

📺 Watch Video Bitcoin Magazine Jeff Walton: Where the Next Trillion Dollars for Bitcoin Comes from, $SATS IPO Update While CCC high-yield credit spreads were blowing out, Strive still raised $700 million for Bitcoin.

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📺 Watch Video

Bitcoin Magazine Jeff Walton: Where the Next Trillion Dollars for Bitcoin Comes from, $SATS IPO Update

While CCC high-yield credit spreads were blowing out, Strive still raised $700 million for Bitcoin. Jeff Walton, Chief Risk Officer at Strive, explains what that tells us about the growing market for Bitcoin-backed preferred equity. He discusses Strategy’s daily dividend vote, the future of rated capital, and why he believes that’s where the next trillion dollars comes from.

Chapters: 00:00 Strive Raises $700M in SATS Preferred Stock IPO 02:11 Behind the Scenes of the Upsized SATS Offering 05:03 How High Can Strive Take Its Amplification Ratio? 07:01 SATS vs. SATA: A New Tool for Raising Capital 08:36 Strive’s 18-Month Dividend Reserve Explained 11:13 Surviving the Longest Bitcoin Bear Market With No Capital Access 13:36 Strategy’s Daily Dividend Vote and STRC Returning to Par 15:59 “A Gold Rush”: New Capital Pools Chasing Bitcoin 18:54 Raising Capital as High-Yield Credit Spreads Blow Out 22:27 MSCI’s Bitcoin Treasury Exclusion and the Vanguard Parallel

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This post Jeff Walton: Where the Next Trillion Dollars for Bitcoin Comes from, $SATS IPO Update first appeared on Bitcoin Magazine and is written by Patrick Green .