Subject: Re: Bitcoin
I'm not a bitcoin kind of guy, but if you did want to place a wager, one way to hedge it might be to buy put options on Strategy.
Given the rather byzantine financial engineering, it won't take very much more of a bitcoin dip for the equity to be a zero. The options are pricey, but you might get a huge payoff on a modest coin rout.
Historically BTC has risen in price a lot if you wait for an 80% drawdown from all time high. Just a spectator sport for me.
Jim