MicroStrategy's 2025 Bitcoin Strategy Explained! | Ben Werkman | BFM118

Ben Werkman is known for his insightful analysis of Bitcoin and MicroStrategy's innovative treasury approach. With a background in finance and banking, Ben offers valuable perspectives on corporate Bitcoin adoption (like MSTR)and investment strategies. › Follow Ben: https://x.com/benwerkman SPONSORS 🧘‍♂️ Gain peace of mind with Onramp’s Multi-Institution Custody solution. Receive $250 in Bitcoin when you join via https://onrampbitcoin.com/bramk 🔨 Stamp Seed: The safest way to backup your hardware wallet - Get 15% off with code BRAM at https://stampseed.com PRODUCTS I ENDORSE › Foundation Passport: a premium Bitcoin hardware wallet that I love. Get $10 off: https://foundation.xyz/bram › Buy Bitcoin in the EU 🇪🇺 via https://relai.me/bram and use code BRAM to reduce fees by 0.5% 🔔 SUBSCRIBE TO GET NOTIFIED › YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ › Follow Bram on ⁠⁠https://x.com/bramk 🕑 TIMESTAMPS 00:00 - Introduction to Bitcoin as a Corporate Asset 02:21 - MicroStrategy's Business Model Pivot 10:39 - Transformative Corporate Strategies with Bitcoin 18:22 - The Digital Capital Arms Race 25:08 - FASB Changes and Their Implications 31:58 - Valuing MicroStrategy: Bitcoin Per Share and S&P 500 Inclusion 41:41 - Understanding Bitcoin's Valuation Dynamics 43:14 - The Urgency in Bitcoin Accumulation 44:39 - MicroStrategy's Financial Strategy and Debt Management 47:30 - The Role of Preferred Stock in MicroStrategy's Future 58:28 - Engineering Lower Volatility in Financial Products 01:00:44 - The Long-Term Vision of MicroStrategy and Bitcoin 01:09:02 - Future Prospects for MicroStrategy and Bitcoin Banking 01:11:33 - Risk Assessment in MicroStrategy's Strategy 01:14:24 - Short Selling Dynamics and Market Reactions 01:16:35 - Core Beliefs and Thinking Differently