Video recording date: 07/21/2022
in the second BIT Capital Quarterly Investor Update of the year 2022 shares Jan Beckers shares his take on the challenges tech investors around the world have faced over the past quarter. He explains how his team was able to partially recoup price losses thanks to successful hedging transactions. The Chief Investment Officer explains in detail why BIT Capital is no longer invested in Upstart and names companies that were able to develop positively in the past quarter.
Crypto expert Ha Duong explains which recent events were partly responsible for the high volatility and why crypto companies have suffered an even stronger sell-off than crypto currencies. Using the example of Silvergate Capital, the fund manager shows why the commercial bank, which specializes in fintech and crypto customers, was even able to benefit from interest rate increases. Finally, he goes into the merge in the Ethereum network and shows details of the implementation plan for what is probably the most important change in crypto history.
—
