Bitcoin has climbed from approximately $63,500 to $84,000—even as the Federal Reserve raises interest rates and the 10-year Treasury yield moves above 5%. Is the bear market ending, or is this another temporary rally?
Cantilever partners Brendan Quinn and Jon Frisch examine what changed. They discuss renewed ETF inflows, institutional activity, Treasury-market instability and why Bitcoin’s latest move appears broader and potentially more durable than its previous Strategy-driven rally.
They then discuss the accelerating intersection between Bitcoin and artificial intelligence. As AI investment consumes enormous amounts of capital and energy, Bitcoin entrepreneurs are helping address two emerging constraints: power infrastructure and digitally native financial rails.
The team also explores Strategy’s Bitcoin sales and AI-designed preferred-stock products, Cloudflare’s efforts to charge AI agents for accessing online content, and whether Bitcoin could become the permissionless settlement layer connecting otherwise closed payment networks.
Finally, Brendan and Jon reflect on how Cantilever’s original thesis is evolving—from Bitcoin as an escape from a fragile monetary system to Bitcoin as a gateway into energy infrastructure, streaming value and the emerging agentic economy.
This show is for informational purposes only. Nothing presented here constitutes legal and/or financial advice.