Major bank boosts MicroStrategy stake despite record Wall Street short pressure

While the financial elite have often dismissed cryptocurrency, the matter seems to have come to a head as it turns out Wall Street's most shorted stock is the world's leading Bitcoin (BTC) treasury company. According to Goldman Sachs’ hedge fund positioning data, Strategy (Nasdaq: MSTR) occupies the top spot among the most shorted large-cap U.S. stocks. It's a sharp turnaround from a year ago when it wasn't even among the top 50 shorted stocks. The bet against MSTR is reflective of the broader market pes ...