MicroStrategy (MSTR) has been positioning itself as a substitute for a BTC ETF for quite some time. CEO Michael Saylor is convinced that investing in his company’s shares is a more lucrative option than simply purchasing Bitcoin. He has been steadily increasing his company’s Bitcoin reserve by taking on debt. However, there is a significant issue at hand. Investment firm Kerrisdale Capital has taken a short position on MSTR shares, arguing that they are trading at an unreasonably high premium in comparison to Bitcoin. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.
