Dylan LeClair on Metaplanet's Bitcoin Bet: How Corporate Treasuries are Transforming Global Finance

29 days ago
21.7K

In this episode, Natalie Brunell chats with Dylan LeClair, Director of Bitcoin Strategy at Metaplanet.

What you’ll learn:
- Why Metaplanet transitioned away from hotels to a Bitcoin-first strategy
- Tax advantages for Bitcoin equities based in Japan
- Why Metaplanet has been issuing strike warrants
- Metaplanet's 555 Million Plan
- How Michael Saylor is "fixing" the capital markets
- What are Strategy's $STRF, $STRK, and $STRD instruments?
- Why Dylan is bullish on $SMLR and other corporate Bitcoin treasuries

Coin Stories is powered by *Bitwise*. Bitwise has over $10B in client assets, 32 investment products, and a team of 100+ employees across the U.S. and Europe, all solely focused on Bitcoin and digital assets since 2017. Learn more at https://www.bitwiseinvestments.com

Coin Stories is also powered by *Bitdeer*. Bitdeer Technologies Group (NASDAQ: BTDR) is a publicly-traded leader in Bitcoin mining and high-performance computing. Learn more at https://www.bitdeer.com

*NATALIE BRUNELL'S RECOMMENDED BITCOIN PRODUCTS, SERVICES, & EVENTS*

🔐 *Multisig & Inheritance Planning* - Secure your Bitcoin with Casa: https://www.casa.io/natalie (Get a discounted plan!)

🔒 *Bitkey Cold Storage* - Bitkey was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 20% off using code STORIES at https://bitkey.world

⚡ *Lightning Payments* - Use Speed Lightning Wallet & get 5,000 free sats! Sign up with promo code COINSTORIES10: https://www.speed.app/sweepstakes-promocode/

💰 *Buy Bitcoin & Earn Interest* – Use River and get 3.8% interest on your cash balance: https://partner.river.com/natalie

👩‍🏫 *1-on-1 Bitcoin Help* – Self-custody, privacy, and VPN support with The Bitcoin Way: https://www.thebitcoinway.com/natalie

🔒 *Bitcoin Cold Storage Security* – Save 5% on ColdCard Wallet: https://store.coinkite.com/promo/COINSTORIES

💳 *Bitcoin Rewards Credit Card* - Earn Bitcoin on every purchase with the Gemini credit card: https://www.gemini.com/natalie

🎟️ *Bitcoin 2026* – Early Bird Tickets Go On Sale WEDNESDAY 5/28 -- Use code HODL for discounted passes! b.tc/conference

📲 *SIM Swap Protection* – Secure your mobile phone from hacks that could steal your Bitcoin with Efani, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie

🏥 *Ditch Fiat Health Insurance* – Join CrowdHealth: https://joincrowdhealth.com/natalie (or use promo code NATALIE)

🏕️ *Bitcoin Retreat – Camp Nakamoto* – Discounted passes with code HODL: https://massadoptionbtc.ticketspice.com/camp-nakamoto

*IN THIS COIN STORIES EPISODE*
00:00 What it's like working for Metaplanet
1:50 Metaplanet's Bitcoin-only strategy
3:14 Advantage of being based in Japan
5:28 Bitwise
5:58 Bitdeer Technologies Group
6:21 What is a strike warrant?
8:10 Early days of growing Bitcoin holdings
10:38 Metaplanet's "555 Million Plan"
13:33 The next Bitcoin bear market
15:43 Metaplanet headquarters in Miami
16:39 What if laws in Japan change?
17:45 Metaplanet's strategy
20:09 Corporate Bitcoin treasuries
23:12 Casa Business
23:42 Bitkey
24:02 The Bitcoin Way
24:24 Coinkite
24:39 Speed.app
24:55 Strategy's latest products
29:10 Differences between Strategy's Stride, Strike and Strife products
32:34 Is the market missing something?
33:46 Capital mis-priced
36:02 Bitcoin in the fixed income market
37:02 Leveraging Bitcoin
40:32 Apple, Amazon, Facebook and Bitcoin
41:47 Semler Scientific
43:49 Bitcoin corporate treasuries and core businesses
46:12 Bitcoin space in 10 years, Bitcoin price
47:40 Macroeconomic picture

*OTHER RESOURCES*
Natalie Brunell’s website https://www.talkingbitcoin.com/
Metaplanet https://metaplanet.jp/en

*VALUE FOR VALUE — SUPPORT NATALIE BRUNELL’S SHOWS*
Strike ID https://strike.me/coinstoriesnat/
Cash App $CoinStories

*FOLLOW NATALIE BRUNELL ON SOCIAL MEDIA*
X https://x.com/natbrunell
Instagram https://www.instagram.com/nataliebrunell
Linkedin https://www.linkedin.com/in/nataliebrunell

Producer: Aron Bender https://www.linkedin.com/in/aron-bender/
Editor: Silas Foley

DISCLAIMER Coin Stories is for entertainment purposes only and does not give financial advice. #bitcoin #crypto #bitcoinpodcast

Loading 2 comments...