Short sellers betting against Strategy (MSTR) are facing estimated paper losses of more than $3.3 billion: a classic short squeeze?
Among major corporations, few stocks tie their fortunes as directly to cryptocurrency sentiment as Strategy. This week, the equity with the highest level of sho ...
The numbers back it up. Right after the news, BTC jumped $2,000, wiping out roughly $120 million in shorts in just 30 minutes. Altcoins followed, climbing about 3% across the board, while MSTR jumped ...
The company's management continues its aggressive approach. Executive Chairman Michael Saylor announced the firm's 100th Bitcoin acquisition. The purchase of 592 coins for approximately $40 million ...
Retail traders are again targeting heavily shorted stocks, four years after a wave of online coordination upended Wall Street. Recent attention has turned to companies such as Opendoor and Kohl’s, ...
Plug Power (PLUG) is on a nine-day 88% surge higher, marking a 284% rebound from its 52-week low. Adjacent business catalysts sparked the current rally, but PLUG’s fundamentals are fading. The current ...