TNB TopicalNewsBeats

Crypto, chains and markets — the beat, as it happens

LIVE
DecryptWhy Prediction Markets Got the Brazilian Election So Wrong CointelegraphAI company Anthropic announces IPO, expected as early as November DecryptSpaceX Locks Up $40 Billion for AI Chips as Musk Warns Most Neoclouds… CointelegraphNBA names Kalshi, Polymarket preferred exchanges, signs CFTC deal Bitcoin MagazineBitcoin Price Hovers Near $80,000 as Traders Await Fed Decision DecryptBitcoin Wallet Fixes Critical Flaw That Redirected Funds to Attackers DecryptIndia’s CoinDCX Confirms $16 Million Loss Days After CEO Called It a… CointelegraphSouth Korea lawmakers mull pushing crypto tax implementation to 2029 DecryptWhy Prediction Markets Got the Brazilian Election So Wrong CointelegraphAI company Anthropic announces IPO, expected as early as November DecryptSpaceX Locks Up $40 Billion for AI Chips as Musk Warns Most Neoclouds… CointelegraphNBA names Kalshi, Polymarket preferred exchanges, signs CFTC deal Bitcoin MagazineBitcoin Price Hovers Near $80,000 as Traders Await Fed Decision DecryptBitcoin Wallet Fixes Critical Flaw That Redirected Funds to Attackers DecryptIndia’s CoinDCX Confirms $16 Million Loss Days After CEO Called It a… CointelegraphSouth Korea lawmakers mull pushing crypto tax implementation to 2029

Bitcoin Magazine

Bitcoin Treasury Analyst: MSTR, ASST & Metaplanet Digital Credit Outlook

▶Bitcoin Magazine Bitcoin Treasury Analyst: MSTR, ASST & Metaplanet Digital Credit Outlook Metaplanet moves to the U.S. to issue preferreds. Allard Peng breaks down the capital pool, parent support questions, and why it's accretive to common shares. This post Bitcoin Treasury Analyst: MSTR, ASST & Metaplanet Digital Credit Outlook first appeared on Bitcoin Magazine and is written by Patrick Green.

Photo: Bitcoin Magazine

▶

Bitcoin Magazine

Bitcoin Treasury Analyst: MSTR, ASST & Metaplanet Digital Credit Outlook

Metaplanet couldn’t make preferreds work in Japan, so it took over a U.S. company to issue them here. Allard Peng explains what that unlocks: access to the same capital pool Strategy and Strive are competing for, where STRC was one of the biggest IPOs of 2025 and it was a preferred stock. He also addresses what still needs clarity about how Metaplanet supports its U.S. subsidiary, and why the move could be accretive to common shareholders.

Chapters: 0:00 Bitcoin ETFs Pull In $1 Billion in Three Sessions While Price Stalls Under $85K 1:28 Why Bitcoin Treasury Preferreds Crashed in June: Leveraged Looping Unwinds 3:51 The Traders Holding Preferreds Below Par and What Gets Them Back 5:28 Strive’s Fixed 15% Junior Pref vs. Variable-Rate SATA 7:37 How a Preferred Trading Above Par Adds to Net Bitcoin Per Share 10:49 What Has to Happen Before a Company Buys Its First Bitcoin 12:22 When Issuing a Preferred Below Par Still Makes Sense 14:52 Metaplanet’s U.S. Listing and the Capital Pool Strategy and Strive Compete For 18:08 Elon Musk, Tesla and SpaceX’s Bitcoin, and Why Money Won’t Become Irrelevant 21:12 Should Small Businesses Hold Bitcoin?

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

This post Bitcoin Treasury Analyst: MSTR, ASST & Metaplanet Digital Credit Outlook first appeared on Bitcoin Magazine and is written by Patrick Green.

Originally published by Bitcoin Magazine. Read the full story at the source →

More stories