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Reuters: Since March, investors who shorted MicroStrategy have lost nearly $2 billion

2024-04-10 21:44:08

ChainCatcher news, according to a report by Reuters, data from S3 Partners shows that investors shorting MicroStrategy have lost $1.92 billion since March. The U.S. Securities and Exchange Commission (SEC) has approved a Bitcoin spot exchange-traded fund (ETF), bringing this once-emerging asset class closer to the mainstream.

In addition, investors shorting the cryptocurrency exchange Coinbase and the Bitcoin mining company CleanSpark have lost $593.5 million and $106.4 million, respectively.

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