DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Bitcoin Cryptonews

Group One “Beneficially” Owns 13% of MicroStrategy in Big Bitcoin Bet - Is the BTC Bottom In?

Chicago-based trading firm Group One Trading has taken a massive bet on bitcoin (BTC) by taking a “beneficial” position representing 13% of bitcoin bull Michael Saylor’s company MicroStrategy. The bet on MicroStrategy’s...

Group One “Beneficially” Owns 13% of MicroStrategy in Big Bitcoin Bet - Is the BTC Bottom In?
Chicago-based trading firm Group One Trading has taken a massive bet on bitcoin (BTC) by taking a “beneficial” position representing 13% of bitcoin bull Michael Saylor’s company MicroStrategy.
The bet on MicroStrategy’s stock included bullish options that gives the trading firm the right to buy more than 1.3 million shares of MicroStrategy, according to an SEC filing....
Read More: Group One “Beneficially” Owns 13% of MicroStrategy in Big Bitcoin Bet - Is the BTC Bottom In?

Original source

Read on Cryptonews

Related market context