MicroStrategy’s Bullish Call Skew Vanishes in Cautious Market as Bitcoin Narrative Loses Steam
The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset
The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset
The move higher will be driven by institutional, corporate and nation-state adoption, the report said.
The stock has gained 4% since bitcoin hit an all-time high in March, while bitcoin itself has declined 16%.
The exchange blamed a data discrepancy with a custodial platform for having caused the transfer of assets. But popular members of the Indian crypto
BTC neared $95,000 in European morning hours Friday after a slump in U.S. hours sent it to near $90,000 late Thursday, down 10% from a weekly high above