Data: Short sellers of Microstrategy stock have lost $3.3 billion this year

2024-03-14 23:52:28

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ChainCatcher news, the rise in Bitcoin prices has helped MicroStrategy's stock price increase by 180% year-to-date. According to data disclosed by S3 Partners, short sellers of MicroStrategy stock have lost approximately $3.3 billion year-to-date. If short sellers are forced to buy back shares to cover their losses, MicroStrategy's stock price may rise further and squeeze the short sellers.

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