We believe Voyager Digital (TSX: VOYG) listened to us and got their money off of Celsius earlier this year, but we still believe it is best to remain short. According to VOYG's latest SEDAR filing, they have loaned $326.317 million to a Counterparty based in Singapore. There is a Three Arrows Capital hedge fund domiciled in Singapore that went bust today. When VOYG sold a private placement on May 24th they said, "Alameda Research was the lead subscriber under the private placement with participation by Galaxy Digital, Blockdaemon, Digital Currency Group, and Three Arrows Capital, among others."
Our guess is that VOYG goes to zero.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.
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