# The Art Of The Possible | Ben Werkman

Page: https://stenobird.com/podcast/the-bitcoin-treasuries-podcast-with-tim-kotzman-7117909/the-art-of-the-possible-ben-werkman
Text version: https://stenobird.com/podcast/the-bitcoin-treasuries-podcast-with-tim-kotzman-7117909/the-art-of-the-possible-ben-werkman.md
Podcast: [The Bitcoin Treasuries Podcast with Tim Kotzman](https://stenobird.com/podcast/the-bitcoin-treasuries-podcast-with-tim-kotzman-7117909)
Published: 2026-06-25T18:37:40+00:00
Episode link: https://podcasters.spotify.com/pod/show/timothy-kotzman/episodes/The-Art-Of-The-Possible--Ben-Werkman-e3l9fca
Audio file: https://anchor.fm/s/fd394588/podcast/play/121994058/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-5-25%2F426831565-44100-2-250a0808e55c7.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-bitcoin-treasuries-podcast-with-tim-kotzman-7117909/episodes/the-art-of-the-possible-ben-werkman
Duration seconds: 2552

## Resource

Ben Werkman, Chief Investment Officer at Strive, returns to the show to discuss the current state of the Bitcoin market, his role as CIO of Strive, and stress testing Digital Credit in a bear market. Disclaimer: NOT FINANCIAL ADVICE - For entertainment purposes only. Tim Kotzman on X: https://x.com/TimKotzman Ben Werkman on X: https://x.com/Werkman 0:00 - Intro 0:30 - Ben’s take on the current state of the market 4:00 - The base case for the bear market? 9:20 - Talking to retail vs institutional investors 17:04 - Stress testing Digital Credit in a bear market 22:37 - Ben’s day-to-day as CIO of Strive 26:27 - Will a bull market lift all Bitcoin Treasury companies? 30:44 - Digital Credit while trading below NAV? #podcast #bitcoin #microstrategy #investing #mstr #btc

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## Transcript

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