What are your thoughts on MSTR? Shares of Strategy jumped…
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What are your thoughts on MSTR? Shares of Strategy jumped nearly 9% after a rally in the price of bitcoin created upward pressure.
Approximately 14% of Strategy’s (MSTR) traded shares sold short. This makes it one of the most shorted large cap stocks. Bitcoin’s price surge caused Strategy’s price to rise, likely forcing the short sellers to buyback shares to cover their positions. The additional boost is that MSTR is like bitcoin with leverage. I think this is a great opportunity. What are your thoughts?
#cryptocurrency
Approximately 14% of Strategy’s (MSTR) traded shares sold short. This makes it one of the most shorted large cap stocks. Bitcoin’s price surge caused Strategy’s price to rise, likely forcing the short sellers to buyback shares to cover their positions. The additional boost is that MSTR is like bitcoin with leverage. I think this is a great opportunity. What are your thoughts?
#cryptocurrency
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