“We gave a billion dollars to treasury companies… you’re recycling some of the capital… not 30-50% of the fund invested.”

The Pomp Podcast · Bitcoin Is Just Getting Started, Says Billion Dollar Investor | Moez Kassam

Play from 10:25
10:25

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What was described

Invested in Bitcoin treasury companies via equity, convertible notes and preferred equity, recycling capital across deals

initial $20-50 million, later $1 billion over 18 months

Said nearby on the same subject

“I would say it's around a dollar's invested today. We've got 250 million across shares and convertible notes.”
♫
Said on Australian Investors Podcast
Business model $250 million Share this moment
“It will typically be a mix of LP capital and working capital or direct equity capital if it's an acceleration type deal.”
♫
Said on How I Invest with David Weisburd
How they work Share this moment
“I'm a huge fan of using equity to invest... Use the equity, save tax and invest. So that'll be a combination like I own property, I also own shares.”
RJ
Riley Jan
Geared for Growth Property Investing Podcast ·
How they work Share this moment
“We've got a mix of debt and equity because they serve different purposes… debt preserves shareholding, equity gives quick capital”
HC
Hello Clever
The CFO Track ·

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