Bitcoin Treasury M&A Deals and MNAV Crash with Richard Byworth of Syz Capital - NF E49

In this episode, Chase Palmieri interviews Richard Byworth, a thought leader in Bitcoin treasury companies. They discuss the impact of Bitcoin ETFs on ownership structures, the launch of the Bitcoin Alpha Fund, and the current sentiment in Bitcoin treasury companies.

Byworth shares insights on market valuations, the importance of investor bases, and exit strategies for private companies holding Bitcoin treasuries. The conversation also explores the relationship between interest rates and Bitcoin scarcity, as well as the dual nature of Bitcoin as both a defensive and offensive strategy in investment portfolios.Chapters00:00Introduction to Bitcoin Treasury Companies02:19The Impact of Bitcoin ETFs on Ownership Structure06:17Launching the Bitcoin Alpha Fund10:07Sentiment in Bitcoin Treasury Companies10:44Navigating Market Sentiment and Valuation19:40The Importance of Investor Base in Bitcoin Treasuries24:31Exit Strategies for Private Companies with Bitcoin Treasuries26:26The Role of Interest Rates and Bitcoin Scarcity34:58Bitcoin as a Defensive vs. Offensive Strategy42:23Final Thoughts and Resources📌 Book a free consultation with Acropolis: https://www.acropolistreasury.com/bookNew Foundations is a weekly podcast covering the need for businesses to embrace Bitcoin, as both a reserve asset and a disruptive settlement layer. Hosted by Chase Palmieri and rotating guests. The show is presented by Acropolis, the premier Bitcoin treasury platform for businesses. Visit acropolistreasury.com to learn more.