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's stock is a leveraged bet on Bitcoin, amplifying exposure. Learn why MSTR stock is vulnerable to Bitcoin’s ...
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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.
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