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MicroStrategy trades at ‘unjustifiable premium’ to bitcoin, says firm shorting company’s stock

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MicroStrategy trades at ‘unjustifiable premium’ to bitcoin, says firm shorting company’s stock

By samwsimpson_lyjt8578 March 28, 2024

Kerrisdale Capital is short on MicroStrategy’s stock and long on spot bitcoin ETFs offered by BlackRock and Fidelity.

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Author: RT Watson