The Hurdle Rate Podcast

Episode 60: The Math of AmplificationIn this week's Hurdle Rate, the crew breaks down the latest corporate Bitcoin market activity and Strive's growing Bitcoin holdings, before turning to Strategy's Bitcoin sale and what the balance sheet math actually reveals about risk and permanent impairment. We dig into historical bear market scenarios, how to manage amplification ratios, and the product management and demand dynamics shaping the treasury company landscape. We close with a deeper look at what digital credit actually is and why it matters for the road ahead.00:00 - Welcome To The Hurdle Rate 00:50 - Corporate Bitcoin Market Activity 2:42 - Strive's Bitcoin Holdings Update 04:41 - Market Transparency And Liquidity 13:11 - Strategy Sells Bitcoin: Balance Sheet Analysis 18:01 - Risk And Permanent Impairment 19:59 - Historical Bear Market Scenarios 27:36 - Managing Amplification Ratios 40:15 - Product Management And Demand 45:32 - Defining Digital Credit

Episode 59: Scale Like Crazy 
0:00 - Welcome Back to The Hurdle Rate
1:08 - Jeff’s Podcast Circuit & Strategy Retires Debt
21:27 - Strive’s Big Week
32:42 - Strategy’s Retail Q&A
41:29 - Kevin Warsh is The New Fed Chair

Episode 58: Exponential Innovation
0:00 - Welcome Back to The Hurdle Rate
1:30 - Strive: The Daily Dividend Company
5:32 - Ringing The Opening Bell at Nasdaq
23:50 - How Strive Paid Off Its Debt
27:00 - How Big Is This Idea?
41:21 - The Infrastructure Behind The Scenes
47:00 - How Bitcoin Will Be Involved In Strive’s FutureAll episodes are posted on YouTube: https://www.youtube.com/channel/UCR9Q6w9zyf_KS2ujrzhoLyAAll episodes are hosted on https://tnorth.com/shows/hurdle-rate/ 

Episode 57: The Answer Is TrillionsAll episodes live here: https://tnorth.com/shows/hurdle-rate/
 
0:00 - Welcome Back to The Hurdle Rate
3:02 - MSTR Earnings Call Reaction
25:22 - Is Digital Credit Too Good to Be True?
42:16 - FDIC & Monetary Risk
 

Episode 56: The User ExperienceAll episodes live here: https://tnorth.com/shows/hurdle-rate/
0:00 - Welcome Back to The Hurdle Rate
2:20 - Strategy Flips BlackRock
20:58 - Is The Tokenized Ecosystem Completely Useless?
30:13 - AI Tools & Revamping Portfolios
45:55 - Schwab Education

Episode 55: A Structural Shift[00:00:00] Welcome Back to The Hurdle Rate[00:01:30] Digital Credit’s Big Month[00:18:05] Capital Flows[00:26:50] Rethinking Credit[00:42:37] The End of the 60/40 Portfolio

Episode 54: The Management of The Treasury
[00:00:00] Welcome Back to The Hurdle Rate[00:01:55] The Accumulation Phase[00:21:00] Digital Credit as The Hurdle Rate[00:40:45] Moderate Duration

Episode 53 - Bitcoin, AI and The New QE
Thank you to our sponsor, Swan Bitcoin.
We buy Bitcoin at Swan.com
[00:00:00] Welcome Back to The Hurdle Rate[00:01:45] US Debt Crisis[00:17:37] AI Disruption in The Startup Economy[00:30:58] Debasement & Portfolio Construction[00:44:34] Which Type of Non-Bitcoin Company Would Even Be Attractive Now?

Episode 52 - An Increasingly Digital World
Thank you to our sponsor, Swan Bitcoin.
We buy Bitcoin at Swan.com
[00:00:00] Welcome Back to The Hurdle Rate[00:01:10] The Latest News from Strategy[00:14:00] Private Credit Liquidity Issues[00:32:23] The Correlation Between Private Credit and Public Credit Markets

Episode 51 - A Digital Credit Treasury
Thank you to our sponsor, Swan Bitcoin.
We buy Bitcoin at Swan.com
[00:00:00] Welcome Back to The Hurdle Rate[00:00:36] Strive ASST & SATA Update[00:49:14] Strategy’s Latest Buy