
How to benefit from digital credit powered by Bitcoin!
Less Noise, More Signal
Timing Capital Raises to Build Reserves
Pascal asks when to raise cash; Johan recommends issuing equity during MNAV exuberance to build multi-year dividend reserves.
In this conversation, Pascal Huegli and Johan Bergman discuss their journey into Bitcoin, the investment strategies of Michael Saylor, and the intricacies of convertible debt and preferred equity in relation to Bitcoin investments. They emphasize the importance of understanding the capital stack, credit ratings, and risk management in investment strategies. The discussion also touches on the future of Bitcoin, the role of strategic liability reserves, and the potential for new investment opportunities in the evolving financial landscape.
Chapters:
00:00 Intro
01:49 Introduction and Background
06:52 The Journey to Bitcoin Understanding
10:44 Michael Saylor's Investment Strategy
12:00 Convertible Debt and Preferred Equity
17:51 Understanding the Capital Stack
22:31 Investor Attraction to Preferred Stocks
28:12 The Role of Credit Ratings
34:39 Investment Strategies and Arbitrage Opportunities
41:43 The Critique of Bitcoin Yield
45:34 Opportunities in Traditional Finance
47:07 Managing Bitcoin Volatility
47:43 The Flow of Capital into Bitcoin
50:36 Understanding Stock Performance
55:30 Phases of Bitcoin Treasury Companies
56:40 Market Dynamics and Valuation
01:03:01 Expectations for Bitcoin's Future
01:07:24 The Role of Bitcoin in Financial Strategy
01:09:42 Strategic Reserves and Market Preparation
01:12:52 Preparing for Bear Markets
01:18:09 Final Thoughts on Bitcoin Strategy
Check out our sponsor👇
https://mining.blockwaresolutions.com/lnms
Blockware is a Mining-as-a-Service platform that makes it easy for anyone to start mining Bitcoin straight from home! Get $100 off your first miner with discount code LNMS🔥
https://bitbox.swiss/lnms
BitBox is the best in class hardware wallet, I personally trust and use! Get 5% off your first order with discount code LNMS🔥
Follow Johan Bergman:
Follow me👇
Twitter - https://x.com/pahueg
Nostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8
Get the latest in finance, crypto, and Bitcoin. Our newsletter provides clear, concise and actionable insights. Don't miss out—check out our Newsletter and subscribe today! 🔥⬇️
https://substack.com/@lessnoisemoresignal
Bitcoin Book 👇
Order from Europe: https://www.amazon.de/dp/1967693013
Global: https://www.amazon.com/-/de/dp/B0F9W8Y283
Thank you for subscribing to our channel! We’re excited to have you with us!
#Bitcoin, #investmentstrategy, #MichaelSaylor, #preferredequity, #convertibledebt, #capitalstack, #creditratings, #riskmanagement, #investmentopportunities, #strategicreserves