Add as a preferred source on GoogleMike Flaum Sees Strategy Shares Gaining in Next Bitcoin Bull Market
The Log Scale Investments CEO discussed Strategy’s preferred securities, daily dividends and valuation, as well as Bitcoin’s four-year cycle.
Log Scale Investments CEO Mike Flaum sees substantial upside for Strategy shares in Bitcoin (BTC)’s next bull market, while his interview also examined the company’s preferred securities and dividend structure.
The discussion covered Strategy’s Stretch security, including what a return to par could mean and whether issuing Stretch at $100 could restart Bitcoin purchases. It also addressed shareholder approval of daily dividends.
Flaum compared Bitcoin-backed preferred securities with U.S. Treasury bonds for retirees. Other topics included why Strategy shares had not kept pace with Bitcoin and gross, enterprise-value and net mNAV measures.
The interview also covered how Strategy’s capital structure compares with Strive’s, Bitcoin’s four-year cycle and the timing of Bitcoin’s all-time highs relative to halvings. Flaum discussed his distinction between volatility and risk.
Sonny Jang
ReporterSonny Jang reports on people and leadership in digital assets for TokenPost. Send corrections or tips to info@tokenpost.com.