MicroStrategy Stock Faces Impending Short Squeeze Amid Bitcoin Surge
MicroStrategy Stock Short Interest
The stock market has seen increased short interest in MicroStrategy stocks, with nearly 20% of all shares in short positions. As of March 13, the short interest rate is at 19.31%, with 2,887,416 shares.
Analysts' Insights
Analysts believe that there is potential for a major short squeeze alert for MSTR stock, despite contrasting opinions on the current short positions.
MicroStrategy's Bitcoin Correlation
MicroStrategy's high exposure to Bitcoin, with 205,000 BTC holdings worth nearly $15 billion, creates a direct impact on its stock price. The company's historical correlation with Bitcoin could lead to further price movements based on BTC's performance.
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