In fact, the market is not short of investors who adopt a bearish micro-strategy. According to the short interest data released by Nasdaq on March 15th, the number of shares shorted for the micro-strategy is 3.26 million, accounting for 22% of its total outstanding shares. However, looking at its data over the past year, the lowest short interest ratio was 18%. This suggests that there may still be many traditional financial players who are not accustomed to the peculiar practice of using Bitcoin as a means of company profitability.
MicroStrategy Faces Bearish Outlook from Kerrisdale Capital, Stock Plummets by 11%