
PAPER BITCOIN SUMMER: THE TRUTH ABOUT BITCOIN TREASURY COMPANIES | Steven Lubka
By Walker America
Aired Jul 31, 2025 · 1h 30m · Last boosted Aug 4, 2025
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Show Notes
"Bitcoin capturing everything means Bitcoin has to capture the securities market." In this powerful and wide-ranging episode of THE Bitcoin Podcast, host Walker America is joined by Steven Lubka — founder of Vibes Capital Management and VP of Investor Relations at Nakamoto — for a high-signal conversation on Bitcoin treasury companies, paper Bitcoin summer, and how institutional financial engineering is accelerating Bitcoin adoption. They unpack what “paper Bitcoin summer” really means, why Bitcoin-focused public companies are not scams, and how financial tools like equity, preferred shares, and corporate debt are being leveraged in a speculative attack on fiat. Steven...
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Steven, Paper Bitcoin Summer is not at all about Plebs misunderstanding equity. It’s the idea that we don’t believe all these entities hold the assets they say they hold. Your goal should be to continually prove us wrong if you can.
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Great insights on BTC treasury companies. @npub1dvufvl73s… always drops the knowledge! #bitcoin #btc












