Mike Flaum, CEO of Log Scale Investments, expects Strategy’s performance to be strongly tied to Bitcoin’s during the next bull market. He explains how Stretch returning to par could restart Bitcoin buying and discusses shareholder approval of a daily dividend by Strategy. The interview also covers Bitcoin-backed preferred shares, Treasury bonds for retirees, Strategy’s gross, enterprise-value and net mNAV, and Bitcoin’s four-year cycle. Flaum says risk should be separated from volatility, leading him to remain bullish on Bitcoin and Bitcoin treasury companies over the long term.
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