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After a previous loss of tens of millions of dollars, the 'Strategy Counterparty' reopens a 40x leveraged short position on BTC.

BlockBeats News, April 23, according to Hyperinsight monitoring, the 「Strategy Whale」 continued to open a 40x leveraged BTC short position today. As of one hour before the publication, they had opened a short position of 166.1 BTC, equivalent to $12.97 million, at an average price of $78,268 with a liquidation price of $79,247.


It is reported that this address had manually stopped out near the liquidation price two days ago after BTC rose by over $76,000, exiting a $78 million short position with a $10.1 million loss. This time, they entered a short position again at an extremely tight liquidation price.


Address: 0x94d3735543ecb3d339064151118644501c933814

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Strategy currently holds 641,692 BTC and the mNav is currently reported as 0.979. There is currently no plan to stop accumulating.
Strategy is shifting from relying on common stock issuance to using preferred stock as the primary funding mechanism for Bitcoin purchases.
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