Pierre Rochard(@BitcoinPierre):Bitcoin VCs sell LP interests in their fund to buy preferred stock in startups to build bitcoin infrastructure to increase adoption. Bitcoin treasury companies sell preferred stock to buy bitcoin to tranche bitcoin risk/return to increase adoption. Both are financial intermediation, both are great for bitcoin!

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

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Pierre Rochard@BitcoinPierre

2026.07.02 23:51

Bitcoin VCs sell LP interests in their fund to buy preferred stock in startups to build bitcoin infrastructure to increase adoption. Bitcoin treasury companies sell preferred stock to buy bitcoin to tranche bitcoin risk/return to increase adoption. Both are financial intermediation, both are great for bitcoin!