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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


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Grayscale launches dividend-earning bitcoin investment product

As the cryptocurrency industry navigates the latest leg of the market downturn, leading digital assets platform Grayscale is offering a new investment product for the market. The company’s crypto news published today 6 October announced a private co-investment vehicle that will leverage opportunities in the bitcoin mining industry. дальше »

2022-10-7 19:08


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Contrary to popular belief, the filing shows Tesla recorded $68M in profit from BTC sale

Tesla has recently been the talk of the town within the crypto community. The electric vehicle company dumped about 75% of its BTC holdings despite CEO Elon Musk claiming the firm has “diamond hands” last year, sparking reactions and the belief that the company’s BTC bet was a fiasco, considering current market conditions. However, a […] дальше »

2022-8-23 16:17