{"id":242133,"date":"2026-10-21T13:39:33","date_gmt":"2026-10-21T13:39:33","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=242133"},"modified":"2026-10-21T13:39:33","modified_gmt":"2026-10-21T13:39:33","slug":"jeff-walton-where-the-next-trillion-dollars-for-bitcoin-comes-from-sats-ipo-update","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=242133","title":{"rendered":"Jeff Walton: Where the Next Trillion Dollars for Bitcoin Comes from, $SATS IPO Update"},"content":{"rendered":"<div class=\"rss-video-container\">\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=2UTKNJ7UgVU\" target=\"_blank\" rel=\"noopener\">\ud83d\udcfa Watch Video<\/a><\/p>\n<\/div>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/videos\/jeff-walton-where-the-next-trillion-dollars-for-bitcoin-comes-from-sats-ipo-update\">Jeff Walton: Where the Next Trillion Dollars for Bitcoin Comes from, $SATS IPO Update<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">While CCC high-yield credit spreads were blowing out, Strive still raised $700 million for Bitcoin. Jeff Walton, Chief Risk Officer at Strive, explains what that tells us about the growing market for Bitcoin-backed preferred equity. He discusses Strategy\u2019s daily dividend vote, the future of rated capital, and why he believes that\u2019s where the next trillion dollars comes from.<\/p>\n<p class=\"wp-block-paragraph\">Chapters:<br \/>00:00 Strive Raises $700M in SATS Preferred Stock IPO<br \/>02:11 Behind the Scenes of the Upsized SATS Offering<br \/>05:03 How High Can Strive Take Its Amplification Ratio?<br \/>07:01 SATS vs. SATA: A New Tool for Raising Capital<br \/>08:36 Strive\u2019s 18-Month Dividend Reserve Explained<br \/>11:13 Surviving the Longest Bitcoin Bear Market With No Capital Access<br \/>13:36 Strategy\u2019s Daily Dividend Vote and STRC Returning to Par<br \/>15:59 \u201cA Gold Rush\u201d: New Capital Pools Chasing Bitcoin<br \/>18:54 Raising Capital as High-Yield Credit Spreads Blow Out<br \/>22:27 MSCI\u2019s Bitcoin Treasury Exclusion and the Vanguard Parallel<\/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\/jeff-walton-where-the-next-trillion-dollars-for-bitcoin-comes-from-sats-ipo-update\">Jeff Walton: Where the Next Trillion Dollars for Bitcoin Comes from, $SATS IPO Update<\/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>\ud83d\udcfa Watch Video Bitcoin Magazine Jeff Walton: Where the Next Trillion Dollars for Bitcoin Comes from, $SATS IPO Update While CCC high-yield credit spreads were blowing out, Strive still raised $700 million for Bitcoin. Jeff Walton, Chief Risk Officer at Strive, explains what that tells us about the growing market for Bitcoin-backed preferred equity. He [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":242134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-242133","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\/242133"}],"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=242133"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/242133\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/242134"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=242133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=242133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=242133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}