Microstrategy stock short sellers have lost $3.3 billion this year
By: Cointime
The rise in Bitcoin prices has helped MicroStrategy's stock price rise by 180% so far this year. Data disclosed by S3 Partners shows that short sellers of MicroStrategy's stock have lost about $3.3 billion so far this year. If short sellers are forced to buy back stocks to make up for their losses, MicroStrategy's stock price may further rise and squeeze short sellers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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