CryptoGlobe
2024-03-29 06:32:45

Hedge Fund Kerrisdale Capital Shorts MicroStrategy Stock (Down 11%), Bets on Spot Bitcoin ETFs — Here’s Why

In a recent report titled “Long Bitcoin / Short MicroStrategy Inc (MSTR): Know When to HODL, Know When to FODL,” Kerrisdale Capital Management outlines a bold investment strategy. The hedge fund advocates going long on Bitcoin directly while simultaneously shorting shares of MicroStrategy (NASDAQ: MSTR), a publicly traded company known for its aggressive Bitcoin accumulation

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