To be clear. When a hedge fund states they are long BTC & short MSTR; they are 100% talking about playing with leverage & a specific timeframe (locking up funds etc).
Their own client funds.
Leveraged long on one side & short on the other.
What client would agree to this fucking strategy? Am I missing something. I donβt trade so probably missing something.
They are directionally neutral, just shorting to capture the MSTR premium. Doesnβt matter if Bitcoin rips or dumps
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Right. Makes sense until it doesnβt.
Donβt run naked.
Especially with scissors. βοΈ
