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The Math of Amplification

June 2, 2026 • 50:40

About This Episode

In this week’s Hurdle Rate, the crew breaks down the latest corporate Bitcoin market activity and Strive’s growing Bitcoin holdings, before turning to Strategy’s Bitcoin sale and what the balance sheet math actually reveals about risk and permanent impairment. We dig into historical bear market scenarios, how to manage amplification ratios, and the product management and demand dynamics shaping the treasury company landscape. We close with a deeper look at what digital credit actually is, and why it matters for the road ahead. Here’s the latest with Tim Kotzman, Matt Cole, Jeff Walton, and Ben Werkman.

In This Episode

  • 00:00:00Welcome To The Hurdle Rate
  • 00:00:50Corporate Bitcoin Market Activity
  • 00:02:42Strive’s Bitcoin Holdings Update
  • 00:04:41Market Transparency And Liquidity
  • 00:13:11Strategy Sells Bitcoin: Balance Sheet Analysis
  • 00:18:01Risk And Permanent Impairment
  • 00:19:59Historical Bear Market Scenarios
  • 00:27:36Managing Amplification Ratios
  • 00:40:15Product Management And Demand
  • 00:45:32Defining Digital Credit

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