How Strategy’s Bitcoin lending plan inadvertently helps hedge fund shorts

Strategy, formerly known as MicroStrategy, is considering a pivot that would fundamentally alter the risk profile of the world’s largest corporate Bitcoin treasury. For a decade, the company sold Wall Street on a singular thesis: it was a digital vault, offering unencumbered exposure to Bitcoin without the risks of custody or counterparty risk. That stand is changing The post How Strategy’s Bitcoin lending plan inadvertently helps hedge fund shorts appeared first on CryptoSlate.