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Major short squeeze incoming for MicroStrategy stock
MSTRMicroStrategy(MSTR) Finbold·2024-03-13 14:27

MicroStrategy Inc (NASDAQ: MSTR) achieved worldwide recognition due to its former CEO, Michael Saylor, passionate support of Bitcoin (BTC), the leading cryptocurrency. Now, MSTR stock could be on the edge of a short squeeze following BTC’s action.The stock market has seen increased short interest in MicroStrategy stocks, with nearly 20% of all shares in short positions. According to Fintel on March 13, MSTR’s short interest rate is currently at 19.31%, with 2,887,416 shares.Interestingly, considering its da ...