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A comment on Celsius acknowledges $1.2B hole in balance sheet. Parent comment

Re:Celsius acknowledges $1.2B hole in balance sheet by aaaaaaaaata on Friday July 15, 2022 @07:22AM (#32106987)
> that it's a hedge against the stock market

It can be, but still be correlated right up until that moment.

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Re:Celsius acknowledges $1.2B hole in balance sheet by Nursie on Friday July 15, 2022 @10:48PM (#32114837)
Except it's not, it's literally just shown that when the stock market takes a dive and times generally get tighter, it crashes worse than everything else.

The claim is a bust.

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