Kerrisdale Capital’s Negative Outlook Causes a Significant 11% Drop in MicroStrategy’s Stock Price

In fact, the market is not lacking in investors who adopt a bearish micro-strategy. According to the Short Interest data released by Nasdaq on March 15, the number of shares shorted for the micro-strategy is 3.26 million, accounting for 22% of its total outstanding shares. However, observing the data from the past year, the lowest short interest ratio was 18%. This suggests that traditional finance may still have reservations about the peculiar operation of using Bitcoin as a means of company profit.