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Hedge Fund Goes Long Bitcoin, Short MicroStrategy: Details

Kerrisdale Capital, a hedge fund, today disclosed a nuanced investment thesis: going long on Bitcoin while concurrently taking a short position on MicroStrategy shares. This move is predicated on the assessment that MicroStrategy, which has positioned itself as a de facto Bitcoin investment vehicle, is trading at a significantly unjustified premium to the underlying cryptocurrency […] дальше »

2024-3-29 01:00


XRP Advocate Goes Big: $500,000 Pledged For Senate Campaign Vs. US Senator

In a bold move, prominent lawyer and XRP proponent John Deaton has made a substantial $500,000 donation to his Senate campaign against incumbent US senator for Massachusetts, Elizabeth Warren. Deaton is presenting a Republican challenge to senator Warren, giving the prominent progressive her first serious, albeit still remote, opponent and setting up an election-season dispute […] дальше »

2024-3-17 23:00