Short Seller Andrew Left Targets MicroStrategy Stock As Hedge Against Bullish Bitcoin Bet: 'Completely Detached From BTC Fundamentals'
Short Seller Andrew Left Targets MicroStrategy Stock As Hedge Against Bullish Bitcoin Bet: 'Completely Detached From BTC Fundamentals'
Benzinga has reached out to MicroStrategy for comment. Citron Research's Andrew Left believes the run in shares of MicroStrategy Inc (NASDAQ:MSTR) is not going to end well in the near term, and he's putting his money where his mouth is.
Citron Research的Andrew Left認爲MicroStrategy Inc（納斯達克：MSTR）股票的運行在短期內不會有好結果，他正在爲自己的觀點下注。
What To Know: Left on Thursday announced a new short position in software firm turned Bitcoin (CRYPTO: BTC) holding company MicroStrategy, despite remaining bullish on the trajectory of Bitcoin.
注意事項：Left在週四宣佈了一項新的開空頭寸，針對轉型爲比特幣（加密貨幣：BTC）控股公司的軟件公司MicroStrategy，儘管他仍然看好比特幣的走勢。
"$MSTR's volume has completely detached from BTC fundamentals," the short seller said in a post on X.
"$MSTR的成交量已經完全脫離比特幣的基本面，" 這位做空者在X平台上發帖說。
Benzinga has reached out to MicroStrategy for comment.
Benzinga已聯繫MicroStrategy尋求評論。
Left noted in the post that his firm was bullish on MicroStrategy in 2020 when the stock was trading below $250 per share on a pre-split basis. He predicted at the time that MicroStrategy shares could hit $700.
Left在帖子中提到，他的公司在2020年對MicroStrategy抱有看好態度，當時股價在拆股前低於每股250美元。他當時預測MicroStrategy的股票可能會達到700美元。
"Fast forward to today: $MSTR has skyrocketed to over $5,000 (adjusted) ... while Citron remains bullish on Bitcoin, we've hedged with a short $MSTR position," Left said. "Much respect to @saylor, but even he must know $MSTR is overheated."
"快進到今天：$MSTR已經飆升到超過$5,000（調整後）...雖然Citron對比特幣依然看好，但我們通過開空$MSTR頭寸進行對沖，" Left說。"非常尊重@saylor，但就連他也必須知道$MSTR已經過熱。"
From Earlier This Year: EXCLUSIVE: First He Bet Against GameStop, Now Andrew Left Is 'Long Bitcoin... Short Ether'
今年早些時候的消息：獨家：他首先對遊戲驛站開空頭，現在Andrew Left是『看多比特幣... 開空以太幣』
Left isn't alone in thinking the recent surge in MicroStrategy shares won't last. Seabreeze Capital Partners' Doug Kass announced a short position in MicroStrategy from $533.78 Thursday morning. At the time of writing, Kass had already covered at least 75% of the initial short. He closed half of his short position at $468 and another quarter of his initial position at $429.10.
Left並不是唯一一個認爲MicroStrategy近期股價飆升不會持續的人。Seabreeze Capital Partners的Doug Kass在週四上午宣佈了從533.78美元開空MicroStrategy的頭寸。根據當時的寫作，Kass已經平掉了至少75%的初始開空頭寸。他以468美元平掉了一半的開空頭寸，以429.10美元平掉了另一份初始頭寸的四分之一。
MicroStrategy shares have accelerated to the upside in recent weeks as the company continues to execute on its strategy to accumulate billions of dollars of Bitcoin. The company announced plans at the end of October to raise $42 billion over the next three years to keep buying Bitcoin.
microstrategy的股票在最近幾周加速上漲，因爲該公司繼續執行其積累數十億美元比特幣的策略。該公司在十月底宣佈計劃在未來三年內籌集420億美金，以繼續購買比特幣。
MicroStrategy held a total of 331,200 Bitcoin purchased at an average price of approximately $49,874 per coin as of Nov. 17.
截至11月17日，microstrategy共持有331,200個比特幣，平均購買價格約爲每個49,874美元。
MSTR Price Action: MicroStrategy shares were trading above $540 in pre-market trading Thursday morning. The stock pulled back at the open and continued to move lower after Left announced his short position. MicroStrategy shares were up 0.8% at $477.95 at the time of publication, according to Benzinga Pro.
MSTR價格動態：microstrategy的股票在週四上午的美股盤前交易中交易價格超過540美元。開盤時股票回調，並在Left宣佈其開空頭寸後繼續下跌。根據Benzinga Pro的數據，microstrategy的股票在發佈時上漲了0.8%，報價爲477.95美元。
Photo: Shutterstock.
照片：shutterstock。
譯文內容由第三人軟體翻譯。
