MicroStrategy's stock has recently become one of the most shorted large-cap stocks in the United States.


As Bitcoin price hovers around $78,000, it's interesting to see short-selling pressure on this company increasing.

Looking at the data, the short positions on this stock amount to about 14% of its market capitalization.
That means a short bet worth around $6 billion is in place.
Compared to last year's peak, Bitcoin itself is still lower, so short sellers might be waiting to see how things develop.

On the other hand, MicroStrategy holds over 710k Bitcoin, valued at more than $47 billion.
The increase in short interest amid the company's Bitcoin treasury strategy is likely reflecting divided market opinions.
The correlation between the stock's price movements and Bitcoin's market trend seems to be a key point.
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