MSTR fell 18% from its pre-market high after Citron announced short

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MarsBit
6 hours ago
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According to market data, after the well-known short-selling institution Citron Research announced that it was shorting MSTR to hedge, the MSTR stock price fell 18% from the pre-market trading high ($ 535.7) and is currently trading at $ 438. BlockBeats previously reported that the well-known short-selling institution Citron Research (Citron Research) officially posted on social media that as investing in Bitcoin has become easier than ever before (you can now buy ETF, COIN and HOOD), the trading volume of MSTR has completely deviated from the fundamentals of BTC. Although Citron is still bullish on Bitcoin, we have already taken a short position on MSTR to hedge.

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