Randomness & Probability 101 | True North Podcast | Ep. 75

[instrumental music] Ladies and gentlemen, what you are about to hear may be amazing, but it is not financial advice.

It is for informational and educational purposes only.

Nothing in this discussion should be considered investment advice or the offering of any security or other investment product.

Please consult your own investment and tax advisors.

And now I'll hand it over to the True North team for your regularly scheduled programming.

Woo.

Welcome back.

True North, episode 75.

We are back.

We are going to be talking about several things today, but, uh, man, a lot has happened, as always, and we're going to dive right into it.

So the agenda for today, we're gonna talk a little bit about the ColdCard situation, uh, a- anxiety in the market there, uh, suits and Bitcoin, and just kind of this entire marketplace.

We'll talk about the strategy balance sheet, how that's evolved, how that's changed over the last week.

I think it's, uh, we're starting to see really good advancements there.

The price of SDRC is trading up.

Uh, MSTR is continuing to do well.

We are seeing the digital credits start to elevate as the buybacks are kind of floating through the market.

Uh, we'll talk through that a little bit.

We'll look at the balance sheet.

We'll do the classic balance sheet update and get a pulse on the market.

And then going to get into some math and probability theory, uh, some new tools that we put on the T North website so you can check it out and start to think about relativities and start to visualize math a little bit more because, uh, some of these math components with Bitcoin and how companies are managing Bitcoin are some of the things that drew me to Bitcoin in the very first place.

Uh, and so what we tried to do is visualize that so it's a little bit easier to see and start to understand and wrap your head around the probability theory associated with Bitcoin.

I think it's of- vastly overlooked.

I think it's really difficult to communicate as a single person, so if you have people that are interested in learning about the math associated with Bitcoin, this is, uh, meant to be a resource so you can think about it, communicate it, and, uh, you know, share it, share it with people.

So first off, we've got, uh, we've got a nice panel today.

We've got myself, uh, Jeff Walton, we've got Soleil, and then the new VP of Credit, Dan Hilary, with us today, and we are going to jump right into it.