Valuation models for Bitcoin companies are highly uncertain
The guest argued that valuing Bitcoin treasury companies is exceptionally difficult due to the huge variance in key assumptions like future Bitcoin acquisition rates and debt-raising ability.
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The story so far
CONTESTED · 65 MENTIONS · 42 EPISODES · 17 SHOWS
24 JUL 2025 — 16 AUG 2026 · 2D AGO
40 SUPPORT · 9 CHALLENGE · 1 REPEAT · 15 MENTIONED
- ON THE MARGIN · 2 MENTIONS
12 EPISODES BETWEEN · 20 MENTIONS
- THE ACQUIRERS PODCAST · 2 MENTIONS
- MACRO MUSINGS WITH DAVID BECKWORTH
- THE MEB FABER SHOW
- THE ALPHA EXCHANGE
- THE ALPHA EXCHANGE
- WHAT BITCOIN DID · 5 MENTIONS
- WHAT BITCOIN DID · 3 MENTIONS
- WHAT BITCOIN DID · 2 MENTIONS
- AFFORD ANYTHING
- WHAT BITCOIN DID
- WHAT BITCOIN DID
- WHAT BITCOIN DID
- WHAT BITCOIN DID · 5 MENTIONS
- Bitcoin treasury companies' negative market impact
- MSTR's scaling limits and single-point risks
- Valuation models for Bitcoin companies are highly uncertain · THIS IDEA
- Bitcoin as an investment, not savings
- Stack harder in bear markets via DCA
22 EPISODES BETWEEN · 30 MENTIONS
- THE MEB FABER SHOW
- WHAT BITCOIN DID
- FORWARD GUIDANCE
- THE POMP PODCAST
- WHAT BITCOIN DID
- EXCESS RETURNS
- BANKLESS
- THE POMP PODCAST
- BANKLESS · 5 MENTIONS
- BANKLESS
- BANKLESS
- THE POMP PODCAST · 3 MENTIONS
- UNCHAINED · 2 MENTIONS
- THE POMP PODCAST
- THE JULIA LA ROCHE SHOW
- WHAT BITCOIN DID
- WHAT BITCOIN DID
- MONETARY MATTERS WITH JACK FARLEY
- PROF G MARKETS
- WHAT BITCOIN DID
- THE OPTIONS INSIDER RADIO NETWORK
- YET ANOTHER VALUE PODCAST · 2 MENTIONS
- WHAT BITCOIN DID · 2 MENTIONS
- BANKLESS
- WHAT BITCOIN DID
- BANKLESS · 2 MENTIONS
- WHAT BITCOIN DID
- WHAT BITCOIN DID
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD