{"id":239451,"date":"2026-10-14T14:14:59","date_gmt":"2026-10-14T14:14:59","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=239451"},"modified":"2026-10-14T14:14:59","modified_gmt":"2026-10-14T14:14:59","slug":"blue-coin-capital-cio-mstrs-btc-buying-engine-is-about-to-ignite-mike-treidl","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=239451","title":{"rendered":"Blue Coin Capital CIO: MSTR\u2019S BTC Buying Engine is About to IGNITE | Mike Treidl"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/videos\/blue-coin-capital-cio-mstrs-btc-buying-engine-is-about-to-ignite-mike-treidl\">Blue Coin Capital CIO: MSTR\u2019S BTC Buying Engine is About to IGNITE | Mike Treidl<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">Bitcoin treasury companies have moved from convertible bonds to perpetual preferred equity, and Mike Treidl explains why. He breaks down how preferreds let issuers like Strategy defer payments without defaulting, and why preferreds returning to par could give Strategy a second engine for buying Bitcoin. He also explains how sats per share and leverage without margin calls add value beyond holding Bitcoin directly.<\/p>\n<p class=\"wp-block-paragraph\">Chapters:<br \/>0:00 \u2013 Mike Treidl on Bitcoin\u2019s Rebound to $83K<br \/>0:50 \u2013 From Morgan Stanley to Blue Coin Capital: Bridging Wall Street and Bitcoin<br \/>1:49 \u2013 Risk Budget First: How to Size a Bitcoin Allocation<br \/>4:11 \u2013 Seller Exhaustion and Bitcoin Treasury Companies<br \/>5:27 \u2013 Why Treasury Companies Moved From Convertibles to Preferreds<br \/>6:47 \u2013 What Strategy\u2019s Preferreds Returning to Par Means for Bitcoin<br \/>8:13 \u2013 Sats Per Share: Leverage Without Margin Calls<br \/>9:11 \u2013 Pensions, Endowments and the Next Wave of Institutional Adoption<br \/>11:23 \u2013 Blue Coin\u2019s BarclayHedge Ranking and Buying STRC Below Par<br \/>12:30 \u2013 Bitcoin\u2019s Biggest Opportunities and Risks Over the Next Two Years<\/p>\n<p class=\"wp-block-paragraph\">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.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/videos\/blue-coin-capital-cio-mstrs-btc-buying-engine-is-about-to-ignite-mike-treidl\">Blue Coin Capital CIO: MSTR\u2019S BTC Buying Engine is About to IGNITE | Mike Treidl<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/patrickgreen\">Patrick Green<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Blue Coin Capital CIO: MSTR\u2019S BTC Buying Engine is About to IGNITE | Mike Treidl Bitcoin treasury companies have moved from convertible bonds to perpetual preferred equity, and Mike Treidl explains why. He breaks down how preferreds let issuers like Strategy defer payments without defaulting, and why preferreds returning to par could give [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":239452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-239451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/239451"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=239451"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/239451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/239452"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=239451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=239451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=239451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}