Hypnic Jerk 🟠

Science works.
#Bitcoin

[The Hurdle Rate Podcast @HurdleRatePod]

Welcome Back to The Hurdle Rate

Episode 66: Social Investing

In this week’s Hurdle Rate, the crew breaks down the slow summer market and strategy's focus on building up its balance sheet to improve credit quality. We explore how Strategy and Strive are navigating macro uncertainty, steadying operations, and executing consistent Bitcoin buys through the summer doldrums. We also dig into the derivatives market, short interest dynamics for ASST and SATA, and how lending out shares ultimately impacts corporate dividend payments and tax treatment. We close with a broader discussion on structured finance, the emergence of AI agents in retail investing, and the long-term potential of building durable digital credit structures to onboard massive institutional capital into the Bitcoin era.

Here's the latest with @TimKotzman, @ColeMacro, @PunterJeff, and @Werkman.

Timestamps:
00:00 – Welcome Back to the Hurdle Rate
11:09 – Trading Volumes: MSTR vs. IBIT
12:33 – Analysis of Short Interest & Derivatives Markets
16:04 – Tax Treatments for Lending Shares & Manufactured Dividends
20:10 – Short Squeezes & Conserved Energy in Equities
28:49 – Robinhood Retail AI Trading Agents
30:00 – Deconstructing Chamath’s Crypto Tweet
31:59 – Unlocking Institutional & Corporate Demand for Bitcoin
32:52 – Private Credit Markets, Structured Finance & Insurers
51:50 – Step Function Improvements in Leverage Solutions
56:28 – Battle Testing Management Teams & Risk-First Approaches

[Hypnic Jerk 🟠 @HhypnicJerkK]

@shakepay Forever 21

[Ricky Gervais @rickygervais]

Luckily, science doesn't give a fuck what you believe.

[Hypnic Jerk 🟠 @HhypnicJerkK]

@shakepay You mean besides pants?

[Hypnic Jerk 🟠 @HhypnicJerkK]

@GoingParabolic My mortgage.

[Hypnic Jerk 🟠 @HhypnicJerkK]

@historyinmemes @Erdayastronaut thoughts?

[Hypnic Jerk 🟠 @HhypnicJerkK]

@ThePunnyWorld *we're

[Hypnic Jerk 🟠 @HhypnicJerkK]

@DJSnM @DrChrisCombs

[Hypnic Jerk 🟠 @HhypnicJerkK]

@saylor Politicians need #Bitcoin .
Bitcoin doesn't need politicians.

[Hypnic Jerk 🟠 @HhypnicJerkK]

@Erdayastronaut Is your Upcoming Launches page borked on your site? None of the launches are clickable....also, no background graphics.

[Bitcoin Core Project @bitcoincoreorg]

Bitcoin Core v27.1 was released!
It is available from: https://t.co/WpMuMaejz1
Release Notes: https://t.co/kI0drXQ73C

[Hypnic Jerk 🟠 @HhypnicJerkK]

@saylor If you vote based on this 1 thing alone, you are saying you can be bought, and selling out no different than any other greedy politician serving their own self-interests. BTC is already entrenched. The President of the USA is irrelevant.

[Hypnic Jerk 🟠 @HhypnicJerkK]

@shakepay The halving will take place Friday April 19th, at 5:34PM PST.

[Shakepay — Buy Bitcoin 🇨🇦 @shakepay]

The #Bitcoin halving is near…

We’re giving away a BLOCKCLOCK mini and $100 CAD to the first person to guess the exact date and time of the halving!

RT, like & follow us to enter 🤝 1 entry per person, leave your guess in the replies 👇

[Hypnic Jerk 🟠 @HhypnicJerkK]

@camdogfish Indeed.
Nothing beside remains. Round the decay
Of that colossal Wreck

[Michael Saylor @saylor]

MicroStrategy has acquired an additional 9,245 BTC for ~$623.0M using proceeds from convertible notes & excess cash for ~$67,382 per #bitcoin. As of 3/18/24, $MSTR hodls 214,246 $BTC acquired for ~$7.53B at average price of $35,160 per bitcoin. https://t.co/oeYJGgiuy0

[Michael Saylor @saylor]

Craig Wright is not Satoshi.

[Hypnic Jerk 🟠 @HhypnicJerkK]

@DeItaone

[Bitcoin Core Project @bitcoincoreorg]

Bitcoin Core v26.0 was released!
It is available from: https://t.co/wXCpf4qscl
Release annoucement: https://t.co/2oLlmkYWlT