Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it?
Investment firm Kerrisdale Capital is shorting MicroStrategy stock, which it said is trading at an “unjustifiable premium” to Bitcoin.
Cointelegraph spoke with Sahm Adrangi, chief investment officer at Kerrisdale Capital, to better understand why Kerrisdale believes MicroStrategy stock is overpriced.
Adrangi boiled the MicroStrategy business model down to six words.
