In this conversation, Richard Byworth and Pascal Hügli delve into the innovative financial strategies employed by MicroStrategy, particularly focusing on the company's use of convertible bonds and ATMs (At-The-Market offerings) to acquire Bitcoin. They discuss the implications of these strategies on the capital markets, the risks involved, and the potential future of Bitcoin as an asset class. Byworth shares insights from his extensive background in finance, explaining how MicroStrategy's approach has attracted traditional finance investors and created a unique market dynamic.Timestamps:00:00 Introduction to Richard and MicroStrategy11:30 The Groundbreaking ATM Announcement11:47 Understanding MicroStrategy's Strategy23:50 The Mechanics of Convertible Bonds35:48 Risks and Market Implications47:50 Future of Bitcoin and MicroStrategySyz The Future Podcast: https://www.youtube.com/@syzthefutureFollow Richard Byworth:https://x.com/RichardByworthFollow Pascal Hügli:Twitter - https://x.com/pahuegNostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8Thank you for subscribing to our channel! We’re excited to have you with us!#crypto, #ETFs, #USelections, #Bitcoin, #regulation, #institutionaladoption, #strategicreserve, #marketstructure, #investment, #digitalassets #mstr #saylor #michaelsaylor #microstrategy #financialengineering #fiatattack #ATM #volatility