🧭 MSTR True North episode 25: The team dives into market trends, MSTR Q1 earnings preview, and insights from the recent Bitcoin for Corporations event hosted by Bitwise. 🎛️ As of this recording, 4/30/25, Strategy's (MSTR) performance: Open: $373.78 Close: $380.11 Volume: 13,713,700 shares mNAV: 2.13 Market Cap: $103.74B U.S. Market Cap Ranking: 86 BTC: 553,555 ⏱️ TIMESTAMPS & INSIGHTS: 00:00:00 - Kickoff: Back from Bitwise, upcoming MSTR TN World and Agenda 00:03:30 - Swan’s getting to Werk: Ben’s new CIO role 00:07:17 - MSTR TN World: latest updates from the team 00:14:13 - MSTR by the numbers: BTC holdings, leverage ratio and capital position 00:19:30 - Narrative shift: From ETF doubts to MSTR dominance and growing moat 00:24:00 - Investing strategy: Picking BTC treasury companies 00:27:01 - MSTR’s moat: Why competitors can’t catch up 00:30:42 - Trust and debt: Why MSTR is built on a network of trust 00:34:40 - Credit spreads: Relative risk comparisons for $MSTR vs others 00:42:35 - Meeting Saylor: Converts, marketing and insights 00:47:52 - Market maturity: New derivative products and options 00:53:00 - Bitcoin flywheel: Ecosystem growth, financialization and cooperation 01:07:20 - Corporate BTC: How adoption could spread fast 01:13:06 - Earnings preview: Mark-to-market impact and Q1 outlook 01:18:13 - Future forecast: MSTR as a top-10 stock if BTC hits $150K 01:22:04 - S&P 500 talk: What MSTR inclusion could mean 01:24:00 - Final words: Event prep, gratitude, and next steps SOCIAL MEDIA: X: https://x.com/PunterJeff X: https://x.com/BenWerkman X: https://x.com/nithusezni X: https://x.com/TimKotzman X: https://x.com/Z06Z07 X: https://x.com/Adrian_R_Morris X: https://x.com/RealTrollstein X: https://x.com/MasonFoard X: https://x.com/hillery_dan X: https://x.com/JBerneburg X: https://x.com/TheJesseMK MSTR TRUE NORTH LINKS: True North Website: https://www.mstrtruenorth.com X: https://x.com/MSTRTrueNorth 🛒 MERCH: https://thehodlshop.com/collections/t... Youtube: @MSTRTrueNorth MSTR Links: https://www.mstr-tracker.com https://saylortracker.com/ https://robinhood.com/us/en/stocks/MSTR/ https://www.strategy.com/ Disclaimer: The content in this video is for informational and educational purposes only and should not be considered financial advice. We are not financial advisors, and you should consult with a qualified professional before making any financial decisions. All investments involve risks, and you are responsible for your own decisions.