Strategy Bitcoin-Sale Contract Spikes to 40%, Retraces to 26%
The MicroStrategy May-31 sale contract sits at 25.6% Friday morning, up 20.5pp in 24 hours after spiking to a 40% intraday high with Sunday's deadline two days away.
The MicroStrategy Bitcoin-sale contract for May 31 sits at 25.6% as of 08:11 UTC Friday — up 20.5 percentage points in 24 hours after spiking to a session high of 40.0% before retracing. Opening the period at 6.4%, the market now prices a roughly 1-in-4 chance that Strategy executes its first-ever Bitcoin liquidation before Sunday night's 11:59 PM ET deadline.
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1¢implied▼−74 pts
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