BITCOIN SEASON 2: How Bitcoin Treasuries Will Cause The Next Bear Market

BITCOIN SEASON 2: How Bitcoin Treasuries Will Cause The Next Bear Market

Charlie & Colin expose how Bitcoin treasury companies mirror 1929 investment trusts, creating overleveraged positions that could trigger the next bear market through forced selling and debt spirals. Charlie and Colin dive deep into the dangerous parallels between today's Bitcoin treasury companies and the 1929 investment trust bubble. They analyze how companies like MicroStrategy use convertible debt to accumulate Bitcoin, why this creates systemic risk, and how forced selling could trigger a catastrophic unwind. From Ponzi-like dividend structures to the speculative attack strategy, they break down why this leverage-fueled boom might end badly. Subscribe to the newsletter! https://newsletter.blockspacemedia.com **NOTES:** • 98 companies raised $86B in 8 weeks for crypto • MicroStrategy needs $300-400M annually for dividends • Q1 revenue only $111M vs dividend obligations • Public entities hold ~900K Bitcoin total • Investment trusts grew 11x from 1927-1929 • 1929 trusts were 1/3 of all capital issuance Timestamps: 00:00 Start 02:30 Lessons from 1929 07:22 Trusts vs BTC treasury companies 12:50 Shorting MSTR 20:51 Hear me out.. companies that make profits 24:34 Don't say the P word! - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Blockspace: Coinbase and CLARITY, OP_NET Raises $5M, Blockfills Goes Bankrupt, Drukenmiller Fades BTC

Blockspace: Coinbase and CLARITY, OP_NET Raises $5M, Blockfills Goes Bankrupt, Drukenmiller Fades BTC

On today’s Blockspace Live, we address reports alleging that Coinbase is meddling in the CLARITY Act and break down Blockfill’s Chapter 11 bankruptcy. Get your tickets to OPNEXT 2026 before prices...

17 Maalis 1h 1min

Hormuz Risks, BTC vs. Gold and Abra to Go Public | Public Keys at NYSE

Hormuz Risks, BTC vs. Gold and Abra to Go Public | Public Keys at NYSE

Public Keys' DEBUT EPISODE from the New York Stock Exchange. Amid geopolitical tensions in the Strait of Hormuz, Bitcoin is outperforming both gold and equities as the ultimate digital safe haven. On...

16 Maalis 29min

Trump-Linked WLFI Offers "Direct Access" for $5M Stake | CoinDesk Daily

Trump-Linked WLFI Offers "Direct Access" for $5M Stake | CoinDesk Daily

$5M for "direct access" to the WLFI team? World Liberty Financial, the DeFi protocol backed by the Trump family, just passed a governance vote on a three-tier staking system that requires up to a $5 ...

16 Maalis 3min

Blockspace: Ark Labs Raises $5.2M, CleanSpark on BTC Price, Luxor's Mining Outlook, and the IRS New Crypto Form

Blockspace: Ark Labs Raises $5.2M, CleanSpark on BTC Price, Luxor's Mining Outlook, and the IRS New Crypto Form

In this week’s news, we hit Ark Labs raising from Tether, CleanSpark and Two Primes’ take on Bitcoin price action, and how the IRS is trying to get more info about your digital asset stack. Get you...

14 Maalis 1h 23min

$TRUMP Token Holders Get Another Mar-a-Lago Lunch | CoinDesk Daily

$TRUMP Token Holders Get Another Mar-a-Lago Lunch | CoinDesk Daily

Lunch with President Trump at Mar-a-Lago? Top holders of the $TRUMP token will have another opportunity to dine with the President after the company behind the token announced a "gala luncheon" late ...

13 Maalis 2min

HYPE to $150? Arthur Hayes Breaks Down His Bull Case | Markets Outlook

HYPE to $150? Arthur Hayes Breaks Down His Bull Case | Markets Outlook

The bull case for HYPE with Arthur Hayes. Maelstrom CIO and BitMEX Co-Founder Arthur Hayes joins Markets Outlook to break down his renewed bull case for Hyperliquid's HYPE token — and why this week's...

13 Maalis 12min

Ripple Hits $50B Valuation After Massive $750M Buyback | CoinDesk Daily

Ripple Hits $50B Valuation After Massive $750M Buyback | CoinDesk Daily

Ripple's $750M buyback values the company at $50B. Ripple is buying back $750 million in shares, pushing the blockchain payment company's valuation to a staggering $50 billion. The move comes months ...

12 Maalis 2min

The Blockspace Pod: An Update on TeraWulf’s AI Expansion w/ Nazar Khan

The Blockspace Pod: An Update on TeraWulf’s AI Expansion w/ Nazar Khan

TeraWulf is now building 5 sites for AI workloads after recent acquisitions in Kentucky and Maryland. Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technica...

12 Maalis 53min

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