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MSTR stock rose today as Bitcoin surged to $66,569, gaining by 5.76% in 24 hours. This comes as MSTR becomes the most shorted large-cap stock, with net short positions of nearly $4.85 billion. According to Bitmine’s Tom Lee, crowded short trades often mark meaningful lows. MSTR Stock Rises as Tom Lee Points to Crowded Shorts […]
MSTR stock rose today as Bitcoin surged to $66,569, gaining by 5.76% in 24 hours. This comes as MSTR becomes the most shorted large-cap stock, with net short positions of nearly $4.85 billion. According to Bitmine’s Tom Lee, crowded short trades often mark meaningful lows. MSTR Stock Rises as Tom Lee Points to Crowded Shorts
The post Tom Lee Flags Potential Bottom as MSTR Becomes the Most Shorted Large-Cap Stock appeared first on CoinGape.
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