Adrian Morris on AI, $MSTR Buybacks and Bitcoin at $500K
Episode Summary
Adrian Morris of True North joins The Daily Stack to break down Strategy ($MSTR) buybacks, Strive's new SATS preferred, and whether AI is pulling capital away from Bitcoin. He also explains why he can see a future where Bitcoin trades at $500K and no one blinks. Jody Flournoy and Avi Mash host. Adrian, who wrote a long research paper on Strategy's Stretch buybacks, explains why his modeling found those buybacks indistinct from zero on price and why MSTR common stock buybacks work differently than at traditional companies.
About This Episode
This episode of Daily Stack covers topics related to Bitcoin and cryptocurrency. Watch the full episode above for the complete discussion.
Episode Details
- Title
- Adrian Morris on AI, $MSTR Buybacks and Bitcoin at $500K
- Channel
- Daily Stack
- Published
- October 24, 2026
- Duration
- 55:37
- YouTube ID
- G9mWG7OughM
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