Name: Anthropic's Fable Banned, Will Microstrategy Blow Up & Structuring A Portfolio in 2026
Uploaded: 2026-06-19T12:00:01+00:00
Duration: 4255 s

Speakers

Santiago R. Santos — Co-Host, Empire / Founder, Inversion Capital

Jordi Alexander — Founder & CIO, Selini Capital

Rob Hadick — General Partner, Dragonfly

Summary

The podcast covers Anthropic's Fable export ban, open vs. closed-source AI models, portfolio strategy since the crypto peak, MicroStrategy's debt risk, and Coinbase's new product suite. Investment takeaways include bullish Bitcoin, Eli Lilly, and Zcash calls, a short setup on SpaceX, caution on Hyperliquid, and a bearish view on MicroStrategy stock.

Anthropic's Fable model banned from export, heating open-source vs. national security debate
Jordy Alexander is buying Bitcoin on dips and accumulating Zcash as monetary hedges
Santiago Santos is long Eli Lilly on GLP-1 drug growth and AI health narrative
Jordy is preparing to short SpaceX due to low-float dynamics and upcoming unlocks
Santiago is extremely bearish on MicroStrategy stock due to risky financial engineering
Hyperliquid's stagnant revenue and multiple compression prompt scaling out
Coinbase introduced AI advisors, pre-IPO perps, and Bitcoin-backed mortgages
Discussion of FOMO in private markets and alternatives flowing into wealth channels

Ideas

Santiago R. Santos Co-Host, Empire / Founder, Inversion Capital 3:29

Long Eli Lilly on GLP-1 boom

Believes the only way to reverse public AI backlash is to show health benefits; GLP-1 drugs like Eli Lilly's are a massive, underappreciated market that will benefit from AI-driven health narratives. He is very long Eli Lilly.

Jordi Alexander Founder & CIO, Selini Capital 28:04

Short SpaceX on unlock overvaluation

After a strong rally, SpaceX has become a low-float meme-like asset with looming unlocks and overvaluation; they are flattening longs and preparing to short.

Jordi Alexander Founder & CIO, Selini Capital 31:46

Buy Bitcoin on dips

Bitcoin remains undervalued as the primary digital monetary instrument; large pools of capital (e.g., Jane Street, Tether) will step in on any deep dip, and Bitcoin will perform when dollar worries resurface. He is buying more on the current dip.

Jordi Alexander Founder & CIO, Selini Capital 32:01

Hyperliquid overvalued, scale out

Hyperliquid's revenue has been stagnant and its valuation multiple is driven by ETF/Dapp buying rather than fundamental growth; fee increases face headwinds, and stakeholder conflicts may emerge. They are scaling out of longs.

Jordi Alexander Founder & CIO, Selini Capital 42:12

Buy Zcash as monetary hedge

Zcash at current prices (low 400s) is a good hedge as a potential alternative monetary instrument; they are actively buying more.

Santiago R. Santos Co-Host, Empire / Founder, Inversion Capital 53:10

Short MicroStrategy blow-up risk

MicroStrategy's aggressive financial engineering and convertible note structure make it prone to a blow-up; Monte Carlo simulations suggest eventual collapse. He is extremely bearish on the stock.

This Empire video, published June 19, 2026, features Santiago R. Santos, Jordi Alexander discussing LLY, SPCX, BTC, HYPE, ZEC, MSTR. 6 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Santiago R. Santos, Jordi Alexander · Tickers: LLY, SPCX, BTC, HYPE, ZEC, MSTR

Anthropic's Fable Banned, Will Microstrategy Blow Up & Structuring A Portfolio in 2026

Summary

Ideas

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