Equity Analysts Roundtable | Strategy World 2026 скачать в хорошем качестве

Equity Analysts Roundtable | Strategy World 2026

Bitcoin is down 50% from its all-time high and three of Wall Street's top equity research analysts say it's never looked cheaper. In this roundtable moderated by Strategy's Corporate Treasurer Shirish Jajodia, Lance Vitanza of TD Cowen, Mark Palmer of Benchmark-StoneX, and Andrew Harte of BTIG break down whether this drawdown is cyclical or structural and why institutional adoption is accelerating despite the price drop. They dive deep into Strategy's evolution from convertible notes to perpetual preferred equity, the rise of STRC as a digital credit instrument, and the $2.25 billion dividend reserve that changed investor perception overnight 🔶 Moderator: Shirish Jajodia - Corporate Treasurer, Strategy 🔶 Andrew Harte - BTIG Equity Research Analyst, BTIG 🔶 Mark Palmer - Managing Director and Senior Equity Research Analyst, Benchmark-StoneX 🔶 Lance Vitanza - Managing Director & Senior Analyst Equity Research Group, TD Cowen Chapters: 0:00 The Bitcoin Drawdown and Market Backdrop 1:14 Bitcoin Has Never Looked Cheaper Relative to Fundamentals 4:06 Putting the Drawdown in Historical Perspective 6:05 Institutional Adoption Is Accelerating Despite Price 7:38 Strategy's Capital Structure Shift from Converts to Preferred Equity 9:53 Why Perpetual Preferred Stock Is Permanent Capital for Bitcoin 12:44 STRK as a Premier Digital Credit Instrument and Standalone Asset 16:20 How Strategy's Instruments Serve Different Investors 18:18 The $2.25 Billion Dividend Reserve and Investor Psychology 22:45 Bear Cases for Bitcoin: Volatility, Macro Risk, and Apathy 28:06 Bitcoin Price Targets, NAV Predictions, and Strategy's Future #Bitcoin #MicroStrategy #Strategy #STRC #DigitalCredit #BitcoinPriceTarget #EquityResearch #WallStreet #BitcoinDrawdown #PerpetualPreferred #BitcoinYieldCurve #InstitutionalBitcoin #TDCowen #BTIG #BenchmarkStoneX #ClarityAct #BitcoinAdoption #BitcoinVsGold #CapitalStructure #BitcoinConference #PreferredEquity #BitcoinAnalysis #ConvertibleNotes #BitcoinBullCase DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.