Analysis: MicroStrategy's share issuance plan cannot stop Bitcoin's decline
By: Cointime
despite MicroStrategy's plan to issue stocks to buy more Bitcoin, Bitcoin still fell by about 3% to $95,420 today. Some traders warned that the market may become volatile in the future as a large number of open positions in Bitcoin and Ether derivatives expire. On Friday, a record $43 billion in open contracts will expire on the derivatives exchange Deribit, including $13.95 billion in Bitcoin options and $3.77 billion in Ether options. (Jinshi)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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