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Microstrategy stock short sellers have lost $3.3 billion this year

Microstrategy stock short sellers have lost $3.3 billion this year

CointimeCointime2024/03/14 15:54
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.

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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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