Oct 23, 2026
Oct 23, 2026
Oct 23, 2026
Oct 23, 2026
Oct 23, 2026
Oct 23, 2026
Oct 23, 2026
Oct 23, 2026
September CPI came in at 3.7% year over year. But the cost of holding a geared Bitcoin position runs 8% to 12% annually once you stack borrowing rates, missed T-bill yield, and futures basis. The hedge has a hurdle rate, and most holders never price it in.