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Jordan Kerridge has announced a $16 million short position on Bitcoin.
The statement was made publicly, with Kerridge highlighting the scale of his bearish bet on the cryptocurrency.
Kerridge has previously argued that a 2.3 percent annual rise in Bitcoin’s price would be sufficient to fund company dividends sustainably. He has also commented on the launch of blockchain payments by Google Cloud and the Solana Foundation, noting new pay-as-you-go features for AI agents. The latest short position marks a shift in his public outlook on Bitcoin.