According to Citi’s forecast, the U.S. Treasury may reduce the auction sizes of 20-year and 30-year Treasuries next quarter, and may even consider canceling 20-year issuance in favor of increasing short-term Treasury bill issuance. Although the relevant plans have not yet been confirmed by the Treasury, A Jian believes this is a highly consequential development that would directly affect term premiums, the duration allocations of banks and funds, and dollar liquidity, while also indirectly affecting the pricing of $BTC , a high-beta asset. The increase in short-term debt issuance must not be directly interpreted as a massive liquidity injection; if demand for long-term bonds is insufficient, this operation would merely amount to drinking poison to quench thirst

BTC entry price 83700, short Stop loss: 84100 Take profit: First target zone 83400-83200 Second target zone 83000-82800 Leverage 100x Strategy for entertainment only and does not constitute investment advice$BTC ‌

Bitcoin rises back to $84,000. Strategy’s cost basis: $75,441. → 848,000 BTC held as of October 4 → Total cost: $63.97B (October 5 8-K) → Current margin: approximately 11% (my calculation)