Short interest in Strategy has surged as Bitcoin slides, with investors increasingly betting against Michael Saylor’s leveraged crypto strategy.
Michael Saylor defended Strategy’s bitcoin-buying strategy on CNBC’s Squawk Box today, brushing off fears the company could be forced to sell Bitcoin in a prolonged downturn.
Strategy Executive Chair Michael Saylor on Tuesday threw cold water on claims that the company would liquidate its Bitcoin holdings if the flagship cryptocurrency continues to plummet.