Group One Takes MicroStrategy Options Position (Correct)

Proprietary trading firm Group One Trading took a “beneficial” position that includes options to buy 1.3 million shares of MicroStrategy Inc., according to an US Securities and Exchange Commission filing.

Group One is focused on making markets in US equity options and provides liquidity across a range of securities, according to the firm’s website.

MicroStrategy has become one of the few public companies that hold a large amount of Bitcoin besides crypto miners, with its current stash worth almost $2.3 billion at today’s prices. That makes the firm, with a market capitalization of $2 billion, a proxy for stock ...