Sixty-Six Capital Shifts to Direct Bitcoin Holdings Amid Rising Oil Prices

Sixty-Six Capital is planning to shift its strategy and directly hold bitcoin.

This move follows an increase in call option exposure, specifically for prices of BTC above $100,000. The company will now have a larger bet on the cryptocurrency's potential rise in value.

Meanwhile, Goldman Sachs has expressed concerns about stagflationary pressures building up in the market. Oil prices rose over 7% last week, while consumer demand continues to cool down. The 'stagflation basket' saw a 6.7% increase this week.