Strategy becomes the most shorted stock as Bitcoin price soars near $70,000

Strategy is under attack by bearish investors after Bitcoin’s price sunk nearly 50% from its October 2025 all-time high. The world’s largest treasury, led by Bitcoin evangelist Michael Saylor, has become the most shorted large-cap stock in the US, with bearish investors betting against 14% of the company’s entire market capitalisation. Short sellers are investors that borrow money to then make a bet that a company’s shares will drop. At 14% of market cap, Strategy has roughly $6 billion worth of shares ...