By Bilal Hafeez 07-09-2020
In: hive-exclusives | Business & Technology Equities US

Did Bitcoin, Rather Than Softbank, Lead The US Stock Sell-off?

(1 min read)
Resize text:


It is now widely known that Softbank had engaged in significant buying of US tech stocks through options. But it was already an open secret amongst investors for weeks before it hit the financial press. The irony for Softbank is that its share price barely rose as US tech stocks soared over August, but now Softbank shares have fallen sharply with the tech declines (Chart 1).

TO READ THIS HIVE EXCLUSIVE
SUBSCRIBE TO MACRO HIVE PRIME

£39/month thereafter

YEARLY MEMBERSHIP - SAVE 20%
£374.40/year

MONTHLY MEMBERSHIP

FREE TRIAL

£39/month thereafter

YEARLY MEMBERSHIP

SAVE 20%

£374.40/year

BOTH MEMBERSHIPS INCLUDE

  • Hive Exclusives
  • Hive Indicators
  • Prime Community
  • Deep Dives
  • Hive Podcasts
  • Prime Q&A
Have a Promotional Code? Click here to enter your code

ENTER YOUR DETAILS HERE

Members

PAYMENT

  • Pay with your credit card via Stripe.


    Add New Card

ORDER BREAKDOWN

Order Breakdown

ProductTotal
Yearly  × 1 £374.40 / year
Subtotal£374.40
Total£374.40
Recurring totals
Subtotal£374.40 / year
Recurring total£374.40 / year
First renewal: 28th November 2021
Free one month trial period. After, you'll be charged at the monthly rate unless you cancel your membership otherwise.

For access to our Slack Chat Room, where we discuss all things markets with our researchers and subscribers

START YOUR FREE TRIAL