One Chair Podcast

Your guide to the companies stacking Bitcoin. We track the corporate treasuries holding Bitcoin and explore their strategies. We bring you all the insights, stories, and numbers that are reshaping treasury management in the age of Bitcoin. Whether you’re an investor, Bitcoiner, or finance pro, stay informed on who’s buying, holding, and leading Bitcoin adoption at the highest levels.

One Chair Podcast is a business podcast hosted by Unknown Host, with 108 episodes on record and a Required Pod Score of 80.

Unknown Host hosts One Chair Podcast, a business show with 108 episodes published.

Our AI reads these to draft pitches. Use them as grounding for a pitch that cites a real guest and a specific topic.

• 

  One Chair Podcast

  Can MSTR Really Scale to $10 Billion of Bitcoin a Day?

  Oct 1, 20261 hour

  What happens when sovereign bonds start breaking, AI accelerates productivity, institutions search for alternative yield, and Bitcoin sits at the intersection of all three? In Episode 4 of Inside the Walls, we explore a thesis that could reshape global capital markets: The Great Debasement Trade may be accelerating, and Bitcoin could be one of its biggest beneficiaries. European sovereign risk is rising. Bond yields are moving higher. Financial conditions are tightening. Yet Bitcoin is showing surprising resilience, while Bitcoin-backed Digital Credit continues to trade remarkably close to par. So are we beginning to see something bigger? André Dragosch, Alexandre Laizet and Valentin Kosanovic break down what is happening inside institutional capital markets, and why the convergence of Bitcoin, AI, Digital Credit and global debt could accelerate faster than most investors expect. We discuss: → Why sovereign bond markets are flashing warning signs → The growing disconnect between bonds, equities and Bitcoin → Whether Bitcoin is beginning to decouple from the S&P 500 → Why institutions are increasingly exploring Bitcoin and Digital Credit → STRC vs SATA vs STRF, and why investor protections matter → Why Bitcoin-backed credit could behave differently from traditional fixed income → The potential for $50–100 billion of additional Digital Credit issuance → Whether Bitcoin Treasury and Digital Credit ETFs could become a new institutional category → How the AI investment boom compares with railways, canals and the dot-com era → Why AI-driven abundance collides with fiat-driven scarcity → Whether AI capital could eventually rotate into Bitcoin → Bitcoin vs Ethereum and Solana in an AI-agent economy → Why AI models distinguish between Bitcoin as a store of value and stablecoins as a medium of exchange → Why Bitcoin may still be historically cheap relative to gold and equities The bigger question running through this episode: What happens when institutions realize that the AI trade and the debasement trade may ultimately converge on Bitcoin? Follow the crew on X: - Alexandre Laizet: https://x.com/AlexandreLaizet - André Dragosch: https://x.com/Andre_Dragosch - Yves Choueifaty: https://x.com/YChoueifaty - Valentin Kosanovic: https://x.com/Kosanovic_V Follow Capital B on Youtube: https://www.youtube.com/@UCEXICiXdOXjh0jigU64inPg 00:00 The Great Debasement Trade Is Accelerating 06:23 Why Bond Markets Are Flashing Warning Signs 11:15 Are We Entering Hyperbitcoinized Capital Markets? 14:54 Why Institutions Are Suddenly Looking at Bitcoin 19:26 Digital Credit vs Sovereign Bonds: Something Is Changing 21:56 Bitcoin’s Biggest Test for Institutional Adoption 24:43 The Fed’s Impossible Choice — And Why Bitcoin Could Win 26:30 What Institutions Want: Bitcoin Growth or Income? 36:20 Are Bitcoin Treasury & Digital Credit ETFs Coming? 38:39 AI, Superintelligence and the Next Bitcoin Capital Rotation 47:23 Bitcoin vs Ethereum & Solana in the AI Economy 52:30 What Does AI Actually Choose as Money? 54:35 Why Ethereum & Solana May Have a Fundamental Problem 57:44 Bitcoin vs Gold & Stocks: The Valuation Gap Follow us on: - X: https://x.com/OneChairPod - Youtube: https://www.youtube.com/@OneChairPod DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only. Thank you for listening!

  ListenShow Notes
• 

  One Chair Podcast

  ASST Could Become the #2 Bitcoin Treasury in 2026

  Sep 28, 202622 min

  Could Strive become the #2 corporate Bitcoin holder in the world behind Strategy? With ASST warrants potentially unlocking hundreds of millions in fresh capital, Strive could soon have another powerful engine to accumulate Bitcoin, while rising short interest adds another layer to the setup. Meanwhile, Strategy is buying Bitcoin again, STRC is still fighting its way back to par, and the company is now moving toward daily dividends across its preferred stock products. In this episode of One Chair, we break down: → How ASST warrants could unlock up to $700M in capital → Could Strive become the #2 corporate Bitcoin holder? → What happens to ASST after the warrants are exercised? → Why rising ASST short interest makes the setup interesting → How Strive could use SATA + the common ATM to accelerate Bitcoin accumulation → What happens if ASST expands to 3–4x mNAV → How Strive could manage amplification during a parabolic Bitcoin bull market → Strategy’s latest Bitcoin purchase and record BTC holdings → Why STRC buybacks may not be solving the real problem → Why STRF recovered faster than STRC → Could STRF protections eventually make their way into STRC? → Why Strategy is adopting daily dividends → Strategy vs. Strive: two very different approaches to the next Bitcoin bull market → How USD reserves could reshape Bitcoin treasury strategy during the next cycle The Bitcoin treasury playbook is evolving. Strategy built the model. Strive is adapting it. And if Bitcoin enters another major bull market, we may be about to find out which capital allocation strategy works best in real time. 00:00 Strategy Buys More Bitcoin — But STRC Still Can’t Reach Par 02:57 What Happens When STRC Finally Gets Back to $100? 04:45 Strategy Copies Strive: Daily Dividends Are Coming 06:57 STRF Recovered Faster Than STRC — Here’s Why That Matters 10:45 What Happens to Strategy’s Capital Stack in a Bitcoin Bull Market? 12:19 Strive Buys 1,107 BTC as ASST Short Interest Surges 13:56 The ASST Warrant Setup Could Unlock $700 Million 16:56 How Strive Could De-Amplify During a Parabolic Bitcoin Run 19:54 Strategy vs. Strive: Two Very Different Bitcoin Bull-Market Strategies Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81 DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only. Thank you for listening! Follow us on: - X: https://x.com/OneChairPod - Youtube: https://www.youtube.com/@OneChairPod

  ListenShow Notes
• 

  One Chair Podcast

  Strategy Goes Daily. Bonds Break. Is Bitcoin Front-Running the Fed Pivot?

  Sep 25, 20261 hour

  Strategy is going daily. Bond markets are flashing warning signs. And Bitcoin is rallying anyway. Is Bitcoin front-running the next major shift in global liquidity? In Episode 3 of Inside the Walls, Alexandre Laizet, André Dragosch and Yves Choueifaty break down a market that is becoming increasingly difficult to explain through the old playbook. Strategy is proposing daily dividends across its perpetual preferred stock products, following Strive’s innovation with SATA. Digital Credit is expanding, Bitcoin Treasury Companies are becoming increasingly sophisticated, and the market may be starting to rethink how these companies should actually be valued. Meanwhile, US Treasury yields are pushing higher, sovereign bond markets remain under pressure, and Bitcoin is rallying through it. André Dragosch asks a critical question: How high can the US 10-year yield go before something breaks?His analysis looks at historical yield shocks and what they could mean for the S&P 500, and whether mounting pressure in bond markets could eventually create the conditions for a monetary-policy pivot. But that’s only half the story. Yves Choueifaty argues that markets are ultimately driven by expectations, not what already happened, and explains why mNAV may be one of the most misunderstood metrics in the Bitcoin Treasury space. The discussion goes deep into: → Strategy’s move toward daily dividends → STRC, STRF and Strive’s SATA → The emergence of Digital Credit → Why Smarter Web’s mNAV exploded → What actually drives mNAV expansion → The “ultimate KPI” for Bitcoin Treasury Companies → Bitcoin per share vs amplification vs Bitcoin yield → Equity issuance vs preferred stock → Whether Bitcoin Treasury Companies are becoming too complex → Why rising Treasury yields could eventually force a policy pivot → The yield level that could put the S&P 500 under serious pressure → Why institutional Bitcoin investors barely sold during the drawdown → The emerging global debasement trade → Why Europe’s debt problem looks fundamentally different from America’s → France’s widening sovereign risk premium → And why all of this could matter enormously for Bitcoin Bitcoin Treasury Companies are no longer simply companies accumulating Bitcoin. They are becoming increasingly sophisticated capital-allocation businesses with multiple engines: common equity, Digital Credit, convertibles, cash reserves, Bitcoin reserves and increasingly complex capital-market strategies. And we may still be at the very beginning. Follow the crew on X: - Alexandre Laizet: https://x.com/AlexandreLaizet - André Dragosch: https://x.com/Andre_Dragosch - Yves Choueifaty: https://x.com/YChoueifaty - Valentin Kosanovic: https://x.com/Kosanovic_V Follow Capital B on Youtube: https://www.youtube.com/@UCEXICiXdOXjh0jigU64inPg 00:00 Bitcoin Is Rallying While Bond Markets Break 02:44 Strategy Goes Daily: Is Digital Credit Taking Off? 07:46 Future Outlook and Innovations in Bitcoin 07:46 Smarter Web’s mNAV Explodes — What Changed? 15:35 What Really Drives mNAV Expansion? 17:59 Why Bitcoin Treasuries Are Becoming More Powerful 22:46 Will Investors Rotate From Preferreds Back to Common Stock? 28:15 Can Bitcoin Treasury Companies Become Too Complex? 32:38 STRF vs STRC vs SATA: What Institutional Investors Actually Care About 38:10 What Yield Could Break the S&P 500? 44:32 Did Institutions Sell Bitcoin During the 50% Crash? 47:25 Are We Entering a New Debasement Regime? 54:49 Europe’s Debt Problem — And Why Bitcoin Matters Follow us on: - X: https://x.com/OneChairPod - Youtube: https://www.youtube.com/@OneChairPod DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only. Thank you for listening!

  ListenShow Notes
• 

  One Chair Podcast

  ASST Has More Upside — So Why Buy MSTR?

  Sep 21, 202650 min

  Could Strive ASST outperform Strategy MSTR, even if it never catches it? Chase Palmieri, COO of Sovana and one of the most vocal Strategy bulls, joins the One Chair Podcast to break down the increasingly fascinating competition between Strategy and Strive, the future of Bitcoin treasury companies, and why he believes MSTR could ultimately become the most valuable company in the world. The paradox? Chase believes ASST could deliver greater upside from here, yet he still sees MSTR as the long-term “gorilla” of the Bitcoin treasury industry. We dig into why. We also take a deep dive into the growing Digital Credit market and the battle between STRC and SATA. Despite Strategy’s enormous Bitcoin holdings and stronger balance sheet, STRC continues to trade below par while SATA has remained around $100.Is the difference really yield and daily dividends, or is it trust? Chase explains why communication, investor confidence, capital-stack management, and Strategy’s USD reserve could matter more than many investors realize. We also discuss what Strategy could learn from Strive, whether STRC should adopt some of SATA’s investor protections, and why competition between the two companies may ultimately benefit both. Then we get into one of Chase’s most interesting trades: buying STRD during the recent dislocation. He explains why he sees it as a kind of “reverse Big Short” trade and why opportunities like it may become increasingly difficult to find. Finally, we discuss Sovana’s approach to unlocking real-estate equity for Bitcoin-related investments, principal-protected exposure to MSTR and ASST, whether Bitcoin has already bottomed, and why BTC rising despite negative macro and regulatory headlines could signal something much bigger. In this episode: → ASST vs MSTR: which has more upside? → Why Chase still prefers MSTR at current levels → Could Strategy become the world’s most valuable company? → Why Strive may have one of the strongest teams in Bitcoin → STRC vs SATA and the battle for Digital Credit → Why SATA is holding par while STRC struggles → What Strategy could learn from Strive → Strategy’s USD reserve and the importance of investor trust → Chase’s “reverse Big Short” STRD trade → Strive’s accelerating Bitcoin accumulation → Why Strategy may actually want Strive to succeed → Principal-protected exposure to MSTR and ASST → Has Bitcoin already bottomed? → Why Bitcoin is ignoring bearish macro headlines Follow our guest: - Chase Palmieri: https://x.com/chasepalmieri - Sovana: https://x.com/SovanaHQ - Sovana: https://www.sovana.io/ 00:00 Strategy Buys 950 BTC — Without Hitting the Common ATM 04:09 Why Is STRC Still Below $100 While SATA Holds Par? 06:49 How Much Cash Should Strategy Hold? 08:55 STRC vs SATA: Why Trust May Matter More Than Yield 11:30 Is Strategy Losing the Communication Battle to Strive? 15:10 Should Strategy Copy SATA’s Investor Protections? 19:43 MSTR vs ASST: Which Has the Bigger Long-Term Opportunity? 21:25 The “Reverse Big Short” Trade on Strategy’s STRD 27:20 Strive Buys More Bitcoin Than Strategy 29:33 “Strive Has the Best Team in Bitcoin” 32:58 Why Strategy Actually Needs Strive to Succeed 36:42 Why Bitcoin Treasury Companies Benefit From Competition 37:50 Turning Real Estate Equity Into Bitcoin43:06 Bitcoin Is Ignoring the Bearish Headlines 48:32 Where the Biggest Opportunities Were During the Crash Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81 DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only. Thank you for listening! Follow us on: - X: https://x.com/OneChairPod - Youtube: https://www.youtube.com/@OneChairPod

  ListenShow Notes
• 

  One Chair Podcast

  What Happens When You Amplify Bitcoin at Exactly the Right Time? w/ Matt Cole

  Sep 2, 202658 min

  Is $250,000 Bitcoin actually too bearish? Matt Cole, Chairman & CEO of Strive, joins us to explain why he believes Bitcoin could be entering one of the most explosive macro setups in its history, with a path toward $500,000, $1 million and beyond. His thesis starts with a major shift happening beneath the surface: fiscal dominance, rising U.S. debt pressures, weakening control over long-term rates, and the possibility that the Fed or Treasury will ultimately be forced to inject liquidity back into the financial system. If that coincides with a sustained U.S. dollar bear market, Matt believes scarce assets could surge, and Bitcoin could reclaim its position as the market’s “fastest horse.” But Strive isn’t simply betting on higher Bitcoin prices.Matt breaks down how Strive is positioning ASST as an amplified Bitcoin vehicle, why the company could potentially deploy billions more into Bitcoin, and how SATA digital credit, amplification, warrants and its capital structure could accelerate that strategy. We also discuss the extraordinary battle developing between ASST short sellers and warrant holders, why Strive could climb dramatically up the rankings of corporate Bitcoin holders, and what Matt thinks separates Strive’s strategy from larger players such as Strategy. If Matt’s macro thesis is right, the next Bitcoin bull market may look very different from 2024–2025. And $250K might only be the beginning. Follow our Guest: - Matt Cole: https://x.com/ColeMacro - Strive: https://x.com/strive - Strive: https://strive.com/ 00:00 Why Strive ASST Is Outperforming Bitcoin Treasury Companies 04:08 Why Aren’t More Companies Launching Digital Credit? 09:03 Could Metaplanet Successfully Launch Digital Credit? 10:16 Strive’s Amplification Strategy & Bitcoin Yield 18:18 Why This Could Be Bitcoin’s Most Explosive Macro Setup Ever 24:46 What Happens When Strive’s ASST Warrants Expire? 31:23 Will Strive Buy More STRC? 35:10 Strive’s USD Reserve Strategy 38:41 Why SATA Has Been More Resilient Than STRC 46:26 What Would Matt Cole Do Differently With STRC? 51:26 Matt Cole on Executive Compensation & Incentives Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81 DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only. Thank you for listening! Follow us on: - X: https://x.com/OneChairPod - Youtube: https://www.youtube.com/@OneChairPod

  ListenShow Notes

Based on semantic analysis of episode topics and host coverage, this show is a strong guest fit for executives in:

Industry fit is computed by PitchCentric using vector embeddings of the show's episode catalog.