How to Trade MicroStrategy’s Painful Plunge: The Levels Every Investor Must Watch
On November 21, 2024, Citron Capital shorted MicroStrategy Inc. (MSTR). What made this confrontation particularly electrifying was the clash between two titans: Citron, a legendary short seller, and MicroStrategy, arguably the strongest stock of 2024. Why did Citron short MicroStrategy? Citron called its $91 billion valuation a reckless Bitcoin bubble. MSTR began buying Bitcoin in...
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