Uploaded April 2025 | Updated September 2026, 1 hour ago
This week, Rizzo and Nolan discuss Cantor, SoftBank, Tether and Jack Mallers teaming up to create a competitor to Strategy and the vision for their new company Twenty One. We also delve into the shifting focus in Bitcoin from Main Street to Wall Street, the narrative dominating this cycle, and more. Enjoy!
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Follow Nolan: https://x.com/countbtc
Follow Michael: https://x.com/mpmcsweeney
Follow Rizzo: https://x.com/pete_rizzo_
Follow Supply Shock: twitter.com/SupplyShockBW
Follow Blockworks: twitter.com/Blockworks_
Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx
Supply Shock Newsletter: blockworks.co/newsletter/supplyshock
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Join us at Permissionless IV June 24th - 26th. Use code SUPPLY10 for 10% OFF! blockworks.co/event/permissionless-iv
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Core is the Bitcoin Everything Chain—unlocking trustless Bitcoin Staking to power the future of Bitcoin DeFi.
Core empowers Bitcoin holders to earn secure, sustainable yield while retaining full control of their assets.
Start staking your Bitcoin and earn real yield: stake.coredao.org/blockworks
Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.
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Timestamps:
00:00 Introduction
01:42 Cantor Joins SoftBank & Tether
05:58 Competing With Strategy
09:13 Company Details
12:47 Masayoshi Son
15:35 Ads (Core, Ledger)
17:00 Twenty One’s Plan & Vision
26:04 Superior Vehicle To MSTR?
33:56 Ads (Core, Ledger)
35:23 Wall Street Over Main Street?
44:55 The New Cycle Narrative
51:29 Final Thoughts
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Disclaimer: Nothing discussed on Supply Shock should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
This week, Rizzo and Nolan discuss Cantor, SoftBank, Tether and Jack Mallers teaming up to create a competitor to Strategy and the vision for their new company Twenty One. We also delve into the shifting focus in Bitcoin from Main Street to Wall Street, the narrative dominating this cycle, and more. Enjoy!
—
Follow Nolan: https://x.com/countbtc
Follow Michael: https://x.com/mpmcsweeney
Follow Rizzo: https://x.com/pete_rizzo_
Follow Supply Shock: twitter.com/SupplyShockBW
Follow Blockworks: twitter.com/Blockworks_
Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx
Supply Shock Newsletter: blockworks.co/newsletter/supplyshock
—
Join us at Permissionless IV June 24th - 26th. Use code SUPPLY10 for 10% OFF! blockworks.co/event/permissionless-iv
—
Core is the Bitcoin Everything Chain—unlocking trustless Bitcoin Staking to power the future of Bitcoin DeFi.
Core empowers Bitcoin holders to earn secure, sustainable yield while retaining full control of their assets.
Start staking your Bitcoin and earn real yield: stake.coredao.org/blockworks
Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.
—
Timestamps:
00:00 Introduction
01:42 Cantor Joins SoftBank & Tether
05:58 Competing With Strategy
09:13 Company Details
12:47 Masayoshi Son
15:35 Ads (Core, Ledger)
17:00 Twenty One’s Plan & Vision
26:04 Superior Vehicle To MSTR?
33:56 Ads (Core, Ledger)
35:23 Wall Street Over Main Street?
44:55 The New Cycle Narrative
51:29 Final Thoughts
—
Disclaimer: Nothing discussed on Supply Shock should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
