Citron Shorts MicroStrategy, Sparks Sharp Selloff Despite Positive Bitcoin Sentiment
Citron said it had hedged its perspective with a short position against MicroStrategy, even though it maintained a positive outlook on BTC. Supported by robust investor attitude toward BTC markets, MicroStrategy shares remain up 78% from Election Day and have gained 529% YTD despite Thursday's selloff.
Much respect to @saylor, but even he must know $MSTR is overheated,” Citron Research wrote in a post on X. The firm is ...
MicroStrategy intends to use the net proceeds from the sale of the notes to acquire additional Bitcoin BTC/USD and for ...
in.investing.com on MSN2d
Citron Research says MicroStrategy is 'overheated'Citron Research has voiced concerns over MicroStrategy's current valuation, even as the software company's shares have seen exponential growth fueled by its Bitcoin strategy.
MicroStrategy stock was on another wild ride Thursday morning as the company continues to ride the fortunes of bitcoin's ...
Cryptopolitan on MSN1d
MicroStrategy completes $3B offering of convertible Senior Notes due 2029MicroStrategy bets big on Bitcoin as it completed the previously announced offering of 0% convertible senior notes due ...
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