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Why are traders shorting Michael Saylor’s MicroStrategy?

June 24, 2024 by DIGIT
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Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it?

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Categories Bitcoin ETF, Bitcoin Price, cryptocurrency investment, Investments, microstrategy
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  • bitcoinBitcoin(BTC)$96,808.00-4.36%
  • ethereumEthereum(ETH)$3,349.30-9.08%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.26-4.16%
  • binancecoinBNB(BNB)$667.89-4.97%
  • solanaSolana(SOL)$189.82-9.98%
  • dogecoinDogecoin(DOGE)$0.313338-13.62%
  • usd-coinUSDC(USDC)$1.000.12%
  • staked-etherLido Staked Ether(STETH)$3,344.65-8.99%
  • cardanoCardano(ADA)$0.88-10.56%