$Riot Platforms (RIOT.US)$ wth is going on? figured it'd ru...
$Riot Platforms (RIOT.US)$ wth is going on? figured it'd run one of the 3 days BTC has been close to touching 100 but it's dropping instead. just weird to me
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何浩 : Big money manipulation, forcing out small players and collect shares
Chak : Always when the bitcoin goes up mining company stock go down
CHENG YAO Chak : 比特币下跌时候它不涨
102098223 : They’re shorting mining stocks like riot who has no bond offering as hedge. They long mtsr and mara who do.
102098223 : Eventually it will pump when they close out the shorts.
Chak : WTF is dumping? Investors took profits in crypto stocks amid a broader rotation out of tech. Crypto exchange Coinbase was lower by 7.7% and MicroStrategy dropped 16.2%. Mining stocks were under pressure, with the exception of Mara Holdings, up about 6.9%.
Y so Serious : Hold on, do not sell.