In this episode, CEO of Swan Cory Klippsten discusses Swan Bitcoin’s Series C raise and its partnership with a French semiconductor company pivoting into Bitcoin treasury accumulation. He explains the rise of leveraged Bitcoin equities, how these companies use debt markets to acquire Bitcoin, and the potential influx of institutional fixed income into Bitcoin. Cory breaks down risks, opportunities, and why he believes Bitcoin-focused financial institutions are inevitable – touching on market cycles, treasury company models, and strategic corporate adoption. Enjoy!

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Timestamps:

00:00 Swan-Sequans Treasury Partnership

2:45 Bitcoin Treasury Endgame

4:59 Leveraged Bitcoin Equities

6:30 Breaking Down the Strategy

7:30 Ads (Ledger)

8:14 Breaking Down the Strategy

12:07 Unique Arbitrage Opportunities

15:35 Differentiating Good vs Bad Actors

17:55 Fixed Income Opportunity

19:36 When do the Floodgates Open?

22:53 Ads (Ledger)

23:38 When do the Floodgates Open?

25:06 Swan’s Goals

28:33 Crypto Treasury Companies

30:44 Is this Bull Market Different?

32:44 Bitcoin Treasury Doomsday

36:00 Moving Toward Hyperbitcoinization

38:40 Final Thoughts

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Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

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Bitcoin Treasuries: We're Just Getting Started | Cory Klippsten