The Blockspace Pod: Inside the $220M Bitcoin Infrastructure SPAC w/ Ryan Gentry
Ryan Gentry, CEO of Bitcoin Infrastructure Acquisition Corp, discusses his $220M IPO, the "aerospace mafia" thesis, and why Bitcoin lending is the next big sector for public markets.
ABOUT
Ryan Gentry, CEO of Bitcoin Infrastructure Acquisition Corp (BIXI), joins us to talk about taking a Bitcoin company public via SPAC. We dive into his journey from aerospace engineering to Lightning Labs, and why so many engineers flock to Bitcoin. Ryan breaks down the current state of Bitcoin infrastructure, the massive opportunity in Bitcoin lending, and how Lightning Network integrates with new side systems. We also discuss why the "burden of proof" has shifted to the no-coiners in traditional finance.
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Notes:
* IPO oversubscribed, upsized to $220 million
* BTC Lending very attractive
* Square used by 28% of US merchants
Timestamps:
00:00 Start
01:31 Ryan intro
07:12 Aerospace Bitcoin Mafia
09:29 What is Bitcoin Acquisition Infrastructure Corp?
13:06 Target company count?
14:10 SPAC vs Index investing
17:28 Areas of industry focus?
21:25 Bitcoin's evolution as asset
26:33 L2s & Lightning
29:13 Side Systems
33:41 AI agents & payments
36:04 Investor technical understanding
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