Founder of business intel firm shares 'pretty indestructible' biz model

Core Viewpoint - Bitcoin has experienced significant volatility and is currently facing a downturn, marking the first negative year since 2023, which raises concerns for investors [1] Industry Insights - Bitcoin has been in existence for 15 years and has undergone 15 major drawdowns, but it has consistently rebounded to new all-time highs, indicating a normal cycle for an emerging asset class [3] - The involvement of Wall Street has contributed to reduced volatility in Bitcoin, which has seen its volatility decrease from 80% to around 50% over the years [5] - Bitcoin is currently about 1.5 times as volatile as the S&P index but also performs 1.5 times better, suggesting a maturing asset class [6] Company Performance - The company has achieved a 70% annual growth rate over the past five years, while Bitcoin has grown at 50% annually during the same period [9] - The company is well-capitalized with over $50 billion in equity and is considered a financial powerhouse within the crypto economy [10] - The company raises capital through selling digital credit or equity to invest in Bitcoin, which is expected to appreciate at 30% annually over the next 20 years [11] - The company offers credit instruments with a 10% dividend yield, which is tax-deferred, creating a strong business model as long as Bitcoin appreciates by at least 1.25% annually [12] - The company's structure is designed to withstand an 80-90% drawdown in Bitcoin prices, maintaining operational stability [13]