Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Speaking on Bloomberg Markets, Kevin Kelly, the managing partner at Benchmark, suggested a long position in Simon Property Group Inc (NYSE:SPG).
He said the real estate company could have some occupancy issues in the short term, but the management announced they're going to focus on revitalizing and redeveloping their properties. They expect to increase their funds from operation 6 to 8 percent this year.
Kelly wants to buy the stock at its current price and sell the June 160 call. When he suggested the trade, it was possible to get $5 for the June 160 call.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!