Why 95% of TradFi Still Doesn't Get Bitcoin Treasuries (Peter Duan On What Changes That)

Peter Duan (@BTCBULLRIDER), former Cantor Fitzgerald structured finance pro and founder of Bull Standard, joins Tyler Rowe to break down what most investors are getting wrong about Bitcoin treasury companies. They cover why most mNAV calculations are misleading for common shareholders, how STRC trading at par through a bear market is its own best marketing tool, what MetaPlanet is doing with cash-secured puts that nobody else is replicating, and why AI, robotics, and the long-term debt cycle are the three storms Bitcoin is built to outlast. Peter also introduces the CEBE ratio — a superior metric to Bitcoin per share — and makes the case that transparency and rigorous IR communication are the single biggest unlock for institutional Bitcoin treasury adoption. CHAPTERS: 00:00 Cold Open 01:05 Bull Standard: BTCTC Investor Relations 02:46 Learning From Michael Saylor's Communication Strategy 08:42 Navigating Market Challenges and FUD 10:51 The Role of Transparency & Community in Bitcoin Treasuries 12:29 Bear Market Accumulation & ATM Dilution 14:51 STRC's Innovation: Strategy's iPhone Moment 17:45 STRC Seasoning & Penetrating TradFi 23:55 Yield Opportunities in Bitcoin Treasuries 26:42 Peter's Personal Journey into Bitcoin and Treasury Companies 29:56 Openness & Intellectual Rigor In Bitcoin 35:06 The Future Of Bitcoin Treasury Companies 39:43 Upgrading Bitcoin Treasury Financial Metrics 43:29 Stay Orange Follow Peter: https://twitter.com/@BTCBULLRIDER | Bull Standard: https://www.bullstandard.com 🔒 Secure your Bitcoin with COLDCARD — use code 6BT for 6% off at store.coinkite.com 📊 Track every Bitcoin treasury company at bitcointreasuries.net ⚠️ Not financial advice. Do your own research. 🟠 Stay Orange.