JP Morgan has a big fat short on Bitcoin holding companies like Microstrategy and Metanet

    https://x.com/mriemer/status/1992602326570279091

    Posted by idlestabilizer

    13 Comments

    1. fairlyaveragetrader on

      I would be real curious how they did it it’s a good bet, but, being short direct the shares is dangerous. I wonder if they have been scaling into long-term puts

    2. This got the potential to be the game shop moment 2.0.
      We got:
      – big banks going short
      – a crypo degens trying to push the price up
      – potential r/wallstreetbets jumping in to save the day… well not got the JP obviously 🙂

    Leave A Reply
    Share via