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Hedge funds piled into the first-ever junk bond tied to bitcoin to avoid 'high-yield FOMO'

Hedge funds piled into the first-ever junk bond tied to bitcoin to avoid 'high-yield FOMO'


Aaron Weinman, Bradley Saacks
2021-06-10 13:55:25

MicroStrategy's junk bond was considered too risky for many institutional credit investors due to the volatile nature of cryptocurrencies.


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