/\ °-° /\ on Nostr: regardless it's a good read. hedgefund shorted MicroStrategy and went long btc under ...
regardless it's a good read. hedgefund shorted MicroStrategy and went long btc under the assumption people were using mstr as a btc investment and would dump it with etf approval and put holdings into etf's.
End result was the fund needing to buy MicroStrategy back at a premium and dumping their btc holdings
-stonkykon9 reddit
Published at
2024-03-16 13:10:38Event JSON
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"content": "regardless it's a good read. hedgefund shorted MicroStrategy and went long btc under the assumption people were using mstr as a btc investment and would dump it with etf approval and put holdings into etf's.\n\nEnd result was the fund needing to buy MicroStrategy back at a premium and dumping their btc holdings\n\n-stonkykon9 reddit",
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