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Short Seller Andrew Left Targets MicroStrategy Stock As Hedge Against Bullish Bitcoin Bet: 'Completely Detached From BTC Fundamentals'
MSTRMicroStrategy(MSTR) Benzinga·2024-11-21 16:55

Citron Research’s Andrew Left believes the run in shares of MicroStrategy Inc MSTR is not going to end well in the near term, and he’s putting his money where his mouth is.What To Know: Left on Thursday announced a new short position in software firm turned Bitcoin BTC/USD holding company MicroStrategy, despite remaining bullish on the trajectory of Bitcoin.“$MSTR's volume has completely detached from BTC fundamentals,” the short seller said in a post on X. Benzinga has reached out to MicroStrategy for comm ...