Bitcoin Magazine
Mike Flaum: MSTR Performance “Massively” to the Upside During Next BTC Bull Run
Log Scale Investments CEO Mike Flaum recently appeared on Bitcoin Magazine TV to discuss Strategy’s Stretch, daily dividends, Strive’s SATS, the four-year cycle, mNAV, and whether Bitcoin-backed preferreds are better suited for retirees than Treasury bonds. During the discussion, he shares his perspective on why volatility and risk are distinct concepts and outlines his long-term bullish outlook.
Chapters:
00:00 Mike Flaum on Strategy and Bitcoin Treasury Companies
00:15 What Stretch Getting Back to Par Means for Strategy
01:18 How Issuing Stretch at $100 Restarts Bitcoin Buying
02:33 Strategy Shareholders Approve Daily Dividends
03:34 Why Daily Dividends Work Like Bitcoin Perpetual Futures
04:51 Opportunistic Traders vs. Long-Term Preferred Holders
07:08 Was Strive’s SATS Oversubscription Net New Money?
09:39 Bitcoin-Backed Preferreds vs. Treasury Bonds for Retirees
11:43 Why Strategy’s Stock Hasn’t Kept Pace With Its Bitcoin
13:41 Gross, EV and Net mNAV Explained
15:04 Digital Credit, Amplification and Share Buybacks
16:47 Strategy vs. Strive’s Capital Stack
18:48 Is the Bitcoin Four-Year Cycle Dead?
20:31 Why Bitcoin Hits an All-Time High Before the Halving
22:08 JPMorgan’s Bitcoin Forecast and Bitcoin’s Long-Term Retur
Who is Mike Flaum?
Mike Flaum is the CEO of Log Scale Investments.
What topics does Mike Flaum cover in the interview?
He discusses Strategy’s Stretch, daily dividends, Strive’s SATS, mNAV, Bitcoin-backed preferreds versus Treasury bonds, and the four-year cycle.
Why does Flaum remain bullish?
He separates risk from volatility and maintains a strong long-term outlook on Bitcoin.
