Last week, I sold 2% $BRR (now $SVIA) and bought 2% of $IBIT. The reason was $SVIA had gone from trading at a 33% discount to NAV to a 0% discount. That, combined with the increase in the stock price meant I had a 10% position in a start-up VC company (CFO Silvia) without the … Read more
Bitcoin had been down about 25% from it’s all-time highs reached earlier this year before falling another 7% so far today. Today’s drop started Sunday evening NY time and is largely being attributed to higher interest rates in Japan, large and leveraged sellers, and the possibility the US Federal Reserve won’t cut rates this month. … Read more
