"Diluted on LinkedIn, Concentrated on X": The CEO Scaling a Bitcoin Empire

Yeah.

All of this just reminds me of the slogan or the saying that, uh, you know, you kinda start where you are and you, you know, talk to one person, and that person has a good experience, then that person tells a couple people, and it just snowballs.

And it sounds like as long as you have one lunch a day, you don't have to ramp up to having two or three lunches a day, uh-

Yeah.

[laughs]

... with how this is gonna be going.

Yeah.

And I think, uh, there's a massive opportunity to disrupt this industry.

The, the more we do, the more support we have, the faster we'll be able to do it.

And when it comes to, to the speed in which we can execute, I'd like to execute as fast as possible, but I think we've executed in line with, A, where we started, and B, what the market's been like this year.

So we're a Bitcoin treasury company in effect.

Like, you, you can't call yourself anything other when you're coming out for an IPO in December last year.

But I, I was very clear that this is about the operating business growing as a direct result of an integrated Bitcoin treasury.

We've got every tool that you can have in a Bitcoin treasury apart from your favorite, um, tool.

[laughs]

And on the, on the operational side, you know, there's a huge opportunity, but we've been in probably what you would call a bear market since just after our IPO.

So for us to be able to... for the team to be able to double revenue, both businesses in the group have grown 20% on the revenue side.

We've eight-point-something times the amount of Bitcoin that we hold.

We've increased Bitcoin per share every time we've done a raise, and we've done most of our equity raises in a very tough market at a premium.

So I'm, I'm confident that in a bull market we'll see a strong acceleration in, in interest in joining this group, and we already have a large enough pipeline right now to keep me busy.

Yeah.

All of this just reminds me of the slogan or the saying that, uh, you know, you kinda start where you are and you, you know, talk to one person, and that person has a good experience, then that person tells a couple people, and it just snowballs.

And it sounds like as long as you have one lunch a day, you don't have to ramp up to having two or three lunches a day, uh-

Yeah.

[laughs]

... with how this is gonna be going.

Yeah.

And I think, uh, there's a massive opportunity to disrupt this industry.

The, the more we do, the more support we have, the faster we'll be able to do it.

And when it comes to, to the speed in which we can execute, I'd like to execute as fast as possible, but I think we've executed in line with, A, where we started, and B, what the market's been like this year.

So we're a Bitcoin treasury company in effect.

Like, you, you can't call yourself anything other when you're coming out for an IPO in December last year.

But I, I was very clear that this is about the operating business growing as a direct result of an integrated Bitcoin treasury.

We've got every tool that you can have in a Bitcoin treasury apart from your favorite, um, tool.

[laughs]

And on the, on the operational side, you know, there's a huge opportunity, but we've been in probably what you would call a bear market since just after our IPO.

So for us to be able to... for the team to be able to double revenue, both businesses in the group have grown 20% on the revenue side.

We've eight-point-something times the amount of Bitcoin that we hold.

We've increased Bitcoin per share every time we've done a raise, and we've done most of our equity raises in a very tough market at a premium.

So I'm, I'm confident that in a bull market we'll see a strong acceleration in, in interest in joining this group, and we already have a large enough pipeline right now to keep me busy.