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Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit

They are "very squeezable" due to short sellers' large positions, according to a report by data analytics firm S3 Partners.

Updated Mar 27, 2024, 7:20 p.m. Published Mar 27, 2024, 7:17 p.m.
Heavily shorted crypto stocks like MicroStrategy could be poised to shoot up. (Mediamodifier/Pixabay)
Heavily shorted crypto stocks like MicroStrategy could be poised to shoot up. (Mediamodifier/Pixabay)