On Friday, Mike and I did a special episode of Open Mike discussing bitcoin.
We are big fans of bitcoin, and since there are no options for bitcoin ETFs, we have proposed option trades on MicroStrategy and Hut 8 as a surrogate. Both companies hold lots of bitcoin on the balance sheet, representing a proxy. These trades worked out extremely well. We think bitcoin is now in a bullish phase of its four-year cycle. Will history repeat? Time will tell.
