2min chapter

Less Noise, More Signal cover image

The Convertible Bond Trader: "Microstrategy is making every TradFi pro pay attention to Bitcoin.”

Less Noise, More Signal

CHAPTER

Intro

This chapter examines a pivotal $21 billion ATM announcement in capital markets, linking it to a decline in Bitcoin's value and a surge in stock prices. It explores the broader implications for investors, including equity dilution and the evolving landscape of cryptocurrency-linked finance.

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