Dylan LeClair: Why Bitcoin Treasury Companies Sold Off and What Comes Next

In 2026, Bitcoin treasury stocks have taken a much bigger beating than Bitcoin itself. Dylan LeClair, Director of Bitcoin Strategy at Metaplanet, joins me from to explain why he thinks the bears got carried away.

In this episode:

• Why treasury company stocks fell so much further than Bitcoin did
• His response to the criticism Parker Lewis brought to this show about perpetual preferred equitites
• What Metaplanet is building in Japan, where $7 trillion sits in cash earning nothing
• Whether he thinks Bitcoin has bottomed, from someone who swore off price calls

Follow Dylan LeClair at https://x.com/DylanLeClair

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This podcast is for educational purposes and should not be construed as official investment advice. Ads in this episode are baked-in and may reference promotions or offers that are no longer available at the time of listening.