The bitcoin price implied by MicroStrategy’s share price is $177K, 2 ½ times the spot price of the cryptocurrency, the report said.
Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit
MicroStrategy and Coinbase’s stock prices could shoot up if short sellers bail out, according to a report by data analytics firm S3 Partners.
Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks.
Silvergate CEO calls out ‘short sellers’ spreading misinformation
In the statement, Lane also took the opportunity to “set the record straight” about its investment relationship with FTX and the firm’s “robust risk management approach.”
126% return for stock market short-sellers who smelled blood in crypto waters
A report from S3 Partners noted that crypto stocks with the highest short interest include Coinbase, Marathon Digital and MicroStrategy.
Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price ‘manipulation’ accusations
Waves founder Sasha Ivanov says Alameda Research is behind the ongoing WAVES price decline.
Following GameStop, South Korea Financial Regulator Extends Ban on Short Sales
Caving to pressure from retail traders, South Korea’s ban on short-selling has been extended through May 2021.
Market Wrap: Bitcoin Reverses Wednesday’s Losses, Ether Climbs
Few are attributing the cryptocurrency’s rise to market fundamentals after the GameStop roller coaster.