Bitcоin

Hedge Funds To Exit Bitcoin And Short MicroStrategy, Warns Peter Schiff

25.06.2024

Hedge funds are reportedly planning to divest from Bitcoin and take short positions against MicroStrategy, according to warnings issued by popular gold investor Peter Schiff. This move marks a significant reversal in sentiment towards both the leading cryptocurrency and the software firm known for its substantial Bitcoin holdings. Schiff’s cautionary remarks come amid growing skepticism about Bitcoin’s value, with concerns extending to the implications for companies heavily invested in digital assets like MicroStrategy.

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25.06.2024
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