Matt Levine, Columnist

Be Careful With Volcano Bonds

Also universal proxies, JPMorgan vs. Tesla, Ken Griffin vs. ConstitutionDAO and Bored Ape Yacht Club parties.

November 22, 2021 at 12:45 PM EST

Corrected

November 22, 2021 at 2:20 PM EST

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE

First of all let’s just appreciate the words here, these are good words:

Hyperbitcoinization, volcano-powered Bitcoin mining, HODLers, it is the good stuff. People are apparently calling this a “Volcano Bond” and who am I to resist. Volcano Bond.

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE