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Tom Lee: MSTR is the preferred hedging tool to cope with crypto assets losses.

Golden Finance reports that the stock of Strategy (MSTR) has fallen by 43%. Institutional-level crypto investors, with limited on-chain hedging options, have started using this stock to hedge losses. Tom Lee from Bitmine Immersion stated that due to MSTR's ample liquidity and large Bitcoin holdings, it is seen as an alternative to Bitcoin in the market, thus becoming the preferred hedging tool. After the sharp fall in October, the liquidity of the encryption market remains weak, lacking strong native encryption hedging tools, forcing traders to short MSTR.

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