Fir tree short tether
WebMar 11, 2024 · Fir Tree is betting that its short wager could see a payday within 12 months and its thesis against Tether centers around the coin’s roughly $24 billion in high-yield … WebMar 11, 2024 · Fir Tree Capital Management is making a substantial short wager on Tether, the stablecoin that’s under intense scrutiny from regulators.
Fir tree short tether
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WebTether's latest quarterly attestation (take it for what you will) reveals that they held at least $24 billion worth of commercial paper at the end of 2024. Putting all of this together, it's fairly clear that Fir Tree's expected catalyst is related to … WebMar 11, 2024 · 11 March 2024. According to a Bloomberg report released Friday, hedge fund Fir Tree Capital Management, who have $4 billion in assets under management, …
WebMar 11, 2024 · Fir Tree Capital Management, a $4 billion hedge fund, is shorting Tether as the largest stablecoin in crypto faces down scrutiny from regulators.. According to clients of the firm and reported by Bloomberg, Fir Tree has constructed a way to short Tether in an “asymmetric trade.”In other words, the risk is minimized and the potential to generate … WebThe growth rate of the Fir tree can vary from 6inches/year to 3 feet/year. There is a considerable variation in the growth rate of the Fir trees, from one species to another. …
WebMar 14, 2024 · Fir Tree, a $4 billion hedge fund, began looking at shorting Tether in July last year. It reportedly developed a way to short the coin while minimizing downside risk and maintaining a high payoff potential. WebMar 11, 2024 · Fir Tree Capital Management is making a substantial short wager on Tether, the stablecoin that’s under intense scrutiny from regulators. The $4 billion hedge …
WebDec 6, 2024 · Fir Tree wants the Grayscale Bitcoin Trust to resume redemptions and cut fees. ... Tether $1.00-0.00%. USD Coin ... Fir Tree is known for making a large short bet against the stablecoin tether ...
WebMar 11, 2024 · The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors Say Hedge Fund Devised a Method to Short Tether, Fir Tree Bets […] iowa low income assistance programsWebMar 11, 2024 · Investors say hedge funds devised a way to short Tether, Fir Tree bets shorts will pay off in 12 months. Market valuation pegged to stablecoin Tether (USDT) on March 6, 2024 beyond $80 billion mark. Tether is the largest stablecoin by market cap, accounting for 4.43% of the entire crypto-economy value ($1.8 trillion) as of March 11, … iowa lowest recorded tempWeb2/ Fir Tree is a hedge fund with ~$3 Bn in AUM and hundreds of holdings. SEC 13F filings show Fir Tree holds First Citizen's Bank, KKR, Comcast, and hundreds of other securities. They are heavy investors in Oil & Tobacco. These are deep value investors. - Twitter thread by Ram Ahluwalia, higher for longer crypto CFA @ramahluwalia - Rattibha open builder restrictionWebFraser firs are ideal Christmas trees due to their mild fragrance, shape, strong limbs, and ability to retain its soft needles (which do not prick easily when hanging ornaments) for a … openbuilds blackboxWebMar 12, 2024 · Fir Tree is betting that its short wager could see a payday within 12 months and its thesis against Tether centers around the coin’s roughly $24 billion in high-yield commercial paper, much of ... open buick recall by vinWebIf you go long USDT/BTC and short USD/BTC you'll effectively be short usdt and long usd. Put the same leverage on both and you are good to go i guess (10x leverage would effectively be 5 times since you'll have to manage 2 margins). Keep in mind this construction has exposure to counterparty risks and you need to be able to rebalance the margins. iowa low income benefitsWebTether's latest quarterly attestation (take it for what you will) reveals that they held at least $24 billion worth of commercial paper at the end of 2024. Putting all of this together, it's fairly clear that Fir Tree's expected catalyst is related to … open buick key fob