Michael Saylor’s MicroStrategy Stock is in the crosshairs of eagle-eyed short traders as Bitcoin shorts stack up amid BTC price resistance.
MicroStrategy’s stock has become a prime short target with $6.9B betting against it, but as of now, no one’s sweating it.
By June 6, it had 18 massive shorts on Fintel’s list, totaling $6.9 billion. The largest short bet was around $2.4 billion, ranking 27th among institutional investors.
Yet, Michael Saylor’s firm is defying the odds, with its stock price soaring.
Read more: $6.9 Billion in Short Positions Target MicroStrategy Stocks - | 99Bitcoins
