MicroStrategy Slumps 14% After Short Seller Says Stock Trades at an Unjustifiable Premium to Bitcoin

MicroStrategy Slumps 14% After Short Seller Says Stock Trades at an Unjustifiable Premium to Bitcoin

[ad_1] “The days when MicroStrategy shares represented a rare, unique way to gain access to bitcoin are long over,” the note said, adding that “bitcoin is now easily obtainable through brokerages, crypto exchanges and more recently low fee exchange-traded products (ETPs) and exchange-traded funds (ETFs).” [ad_2] Source link

Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit

Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit

[ad_1] “These crypto related stocks are extremely crowded and very squeezable relative to the U.S. market, with an average Crowded score of 57.34 versus the street average of 32.41 and an average Squeeze score of 78.69 versus the street average of 34.41,” the report said, adding that “MSTR, COIN and CLSK are the most squeezable … Read more