This is the hedge ٩(๑^o^๑)۶#BTC超话

According to Odaily Planet Daily, investment firm Kerrisdale Capital believes that MicroStrategy’s stock price is overvalued. The company holds a short position in MicroStrategy stock and holds a long position in BTC through BlackRock and Fidelity’s spot Bitcoin ETF. Kerrisdale Capital said in the report: "We are long Bitcoin and short shares of MicroStrategy, a proxy for Bitcoin that trades at an unreasonable premium to the digital assets driving its value. With the recent rise in Bitcoin prices , MicroStrategy shares soared, but as is often the case in the cryptocurrency space, things got carried away.”