bitcoin
Strategy (MSTR) Becomes Most-Shorted $25B+ Stock, Shares Surge 8%
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TL;DR:
Bitcoin Magazine Strategy (MSTR) Becomes Most-Shorted $25B+ Stock, Shares Surge 8% Strategy (MSTR) surged on Wall Street after bitcoin’s rally, despite holding the largest short interest — about 14% of its $41. 6 B market cap — among $25 B+ global equities.
Key Points:
Background:
Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.