
Pierre Rochard
37.9K posts

Pierre Rochard
@BitcoinPierre
Follow for Bitcoin & capital markets insights. CEO of The Bitcoin Bond Company, Steward of @CatholicBitcoin, host of the @BitcoinForCorps Show, Board @Strive


HOCHUL ENACTS NATION’S FIRST STATEWIDE DATA CENTER MORATORIUM


Welcome Back to The Hurdle Rate Episode 65: Shifting Institutional In this week’s Hurdle Rate, the crew opens with updates from Strategy, Strive, and the digital credit market before recapping the major developments from Q2. We cover Strategy’s growing cash reserve, market feedback, and the evolution of Bitcoin-backed credit. We also explore institutional adoption, structured products, AI, intellectual property, and the limits of government intervention in the debt crisis. We close it off with thoughts on outdated financial systems and Bitcoin’s expanding role in traditional capital markets. Here's the latest with @TimKotzman, @ColeMacro, @PunterJeff, and @Werkman. Time Stamps: 0:00 - Welcome to The Hurdle Rate 5:19 - Digital Credit During Quiet Markets 8:01 - Strategy Rebuilds Its Cash Reserve 11:51 - Market Uncertainty And Bullish Catalysts 17:21 - STRC And Convertible Debt 19:37 - AI, The Fed, And Protecting IP 24:14 - The U.S. Debt Crisis 31:39 - Bitcoin-Backed Institutional Credit 35:30 - Building Structured Bitcoin Products 43:12 - Growing Institutional Bitcoin Interest 48:02 - Stablecoins And Outdated Settlements 53:05 - Bitcoin Stewardship And Constructive Engagement 58:29 - Closing Thoughts


"Bitcoin functions as a sensitive barometer of central bank signaling; specifically, hawkish narratives consistently trigger negative price responses independently of actual Federal Funds Rate adjustments." Bitcoin monetary maximalism empirically vindicated


Bitcoin’s SOPR stands at 0.970, the 2nd percentile of its historical range (rank 103 of 4,942), indicating that onchain holders are collectively realizing losses. 30d SOPR (0.994) is approaching bear market bottoming levels (historically ~0.983).






Who's Really Funding the War on AI Data Centers? x.com/i/broadcasts/1…


“It’s a shame to have a congressman invent out of whole cloth an event that. . . simply doesn’t represent what happened.” @HavivRettigGur disputes Ro Khanna’s account of his West Bank encounter, arguing that all available evidence tells a very different story.



Yesterday, using multiple one-way attack surface drones, CENTCOM forces successfully struck a submarine and ship maintenance facility in Iran. Three Corsair unmanned surface vessels hit the port at Bandar Abbas Naval Base, marking the first time American forces have employed sea drones in combat operations. Last night’s strikes degraded Iran’s ability to continue attacking commercial shipping.







