BTC245: The Next Metaplanet? (Smarter Web Company) w/ Jesse Myers and Andrew Webley

In this episode of the Bitcoin Fundamentals Podcast, Preston Pysh, along with guests Andrew Webley and Jesse Myers, explores the rise of Bitcoin Treasury companies, focusing on Smarter Web, a UK-based firm adopting a Bitcoin-native balance sheet. The discussion covers Smarter Web's rapid growth, the application of valuation models like MNAV, and the potential of preferred stock backed by Bitcoin. They delve into the dynamics of Bitcoin Treasury companies, highlighting the advantage smaller companies have in accumulating Bitcoin and the potential for these companies to act as a backdoor for Bitcoin investment in markets with restrictive policies. The conversation also touches on the volatility associated with Bitcoin investments and the potential for preferred equities to tap into the bond market, concluding with insights into the future of Bitcoin Treasury companies and their role in the global capital market.