Haha totally agree. Who the he

Haha totally agree. Who the heck is Kerrisdale Capital anyway? Bet they miss out on buying into MSTR and want to create such sensational news and opportunities for their panel of investors to load up before the bull run. Never take their words seriousl. They are just trying to move the market to theie benefit. [Happy] [Miser] [Cool]

//@SPACE ROCKET: Totally absurd and lame lol. How can you long bitcoin and short MicroStrategy when $MicroStrategy(MSTR)$ have the largest moat of Bitcoins. Totally ironic. When Bitcoin skyrockets, so will the balances of MSTR and its market cap. Kerrisdale thinks he is smart, but the lights are obviously on and no one's home. LoL. An idiom to say how shallow his comment is 😶‍🌫️🤯

Kerrisdale Capital Is Short Microstrategy, Long Bitcoin

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They are just trying to move the market to theie benefit.&nbsp;<span>[Happy]&nbsp;</span>&nbsp;<span>[Miser]&nbsp;</span>&nbsp;<span>[Cool]&nbsp;</span>&nbsp;</p>\n<p><br></p>//<a href=\"https://ttm.financial/U/4093561479903300\">@SPACE ROCKET</a>: Totally absurd and lame lol. How can you long bitcoin and short MicroStrategy when&nbsp;<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a> have the largest moat of Bitcoins. Totally ironic. When Bitcoin skyrockets, so will the balances of MSTR and its market cap.&nbsp; Kerrisdale thinks he is smart, but the lights are obviously on and no one's home. LoL. An idiom to say how shallow his comment is 😶‍🌫️🤯</body></html>","htmlText":"<html><head></head><body><p>Haha totally agree. Who the heck is Kerrisdale Capital anyway? Bet they miss out on buying into MSTR and want to create such sensational news and opportunities for their panel of investors&nbsp;to load up before the bull run. Never take their words seriousl. They are just trying to move the market to theie benefit.&nbsp;<span>[Happy]&nbsp;</span>&nbsp;<span>[Miser]&nbsp;</span>&nbsp;<span>[Cool]&nbsp;</span>&nbsp;</p>\n<p><br></p>//<a href=\"https://ttm.financial/U/4093561479903300\">@SPACE ROCKET</a>: Totally absurd and lame lol. How can you long bitcoin and short MicroStrategy when&nbsp;<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a> have the largest moat of Bitcoins. Totally ironic. When Bitcoin skyrockets, so will the balances of MSTR and its market cap.&nbsp; Kerrisdale thinks he is smart, but the lights are obviously on and no one's home. LoL. An idiom to say how shallow his comment is 😶‍🌫️🤯</body></html>","text":"Haha totally agree. Who the heck is Kerrisdale Capital anyway? Bet they miss out on buying into MSTR and want to create such sensational news and opportunities for their panel of investors to load up before the bull run. Never take their words seriousl. They are just trying to move the market to theie benefit. [Happy] [Miser] [Cool] //@SPACE ROCKET: Totally absurd and lame lol. How can you long bitcoin and short MicroStrategy when $MicroStrategy(MSTR)$ have the largest moat of Bitcoins. Totally ironic. When Bitcoin skyrockets, so will the balances of MSTR and its market cap. Kerrisdale thinks he is smart, but the lights are obviously on and no one's home. LoL. An idiom to say how shallow his comment is 😶‍🌫️🤯","highlighted":1,"essential":1,"paper":1,"likeSize":235,"commentSize":0,"repostSize":12,"favoriteSize":0,"link":"https://ttm.financial/post/289214557417592","repostId":2422197148,"repostType":4,"repost":{"id":"2422197148","kind":"highlight","pubTimestamp":1711635338,"share":"https://www.laohu8.com/m/news/2422197148?lang=&edition=full","pubTime":"2024-03-28 22:15","market":"us","language":"en","title":"Kerrisdale Capital Is Short Microstrategy, Long Bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=2422197148","media":"StreetInsider","summary":"Kerrisdale Capital said Thursday that it is short shares of Microstrategy, Inc. (NASDAQ: MSTR), despite also being long Bitcoin. The firm has revealed that it is long on bitcoin and short on shares of","content":"<html><head></head><body><p>Kerrisdale Capital said Thursday that it is short shares of Microstrategy, Inc. (NASDAQ: MSTR), despite also being long Bitcoin.</p><p>Microstrategy shares dropped 2.7% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/cfe385be448e83207c02af46697c8b83\" tg-width=\"842\" tg-height=\"626\"/></p><p>The firm has revealed that it is long on bitcoin and short on shares of MicroStrategy, citing the unjustifiable premium at which the company&#39;s shares are trading in comparison to the digital asset that underpins its value.</p><p>The note from Kerrisdale Capital highlights the significant rise in MicroStrategy&#39;s stock price following the recent uptrend in Bitcoin&#39;s value.</p><p>However, the firm argues that the premium at which MicroStrategy&#39;s shares are trading, representing over two and a half times the spot price of Bitcoin, is unwarranted. The note emphasizes that while MicroStrategy was once considered a unique gateway to Bitcoin investment, the evolving landscape of cryptocurrency accessibility through brokerages, crypto exchanges, and low-fee investment products has diminished its relative attractiveness.</p><p>Kerrisdale Capital&#39;s position is underpinned by the belief that the inflated premium on MicroStrategy&#39;s shares is likely to contract, presenting a &#34;compelling opportunity&#34; for a pair trade.</p><p>Kerrisdale Capital&#39;s thesis revolves around the distortion of the relationship between Bitcoin and MicroStrategy. The firm projects a potential 50% return if the premium to net asset value reverts to historically consistent averages.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kerrisdale Capital Is Short Microstrategy, Long Bitcoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKerrisdale Capital Is Short Microstrategy, Long Bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-28 22:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=22992465><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Kerrisdale Capital said Thursday that it is short shares of Microstrategy, Inc. (NASDAQ: MSTR), despite also being long Bitcoin.Microstrategy shares dropped 2.7% in morning trading.The firm has ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=22992465\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4588":"碎股","BK4023":"应用软件","BK4595":"比特币概念","MSTR":"MicroStrategy","BK4594":"比特币ETF概念","BK4585":"ETF&股票定投概念"},"source_url":"https://www.streetinsider.com/dr/news.php?id=22992465","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2422197148","content_text":"Kerrisdale Capital said Thursday that it is short shares of Microstrategy, Inc. (NASDAQ: MSTR), despite also being long Bitcoin.Microstrategy shares dropped 2.7% in morning trading.The firm has revealed that it is long on bitcoin and short on shares of MicroStrategy, citing the unjustifiable premium at which the company's shares are trading in comparison to the digital asset that underpins its value.The note from Kerrisdale Capital highlights the significant rise in MicroStrategy's stock price following the recent uptrend in Bitcoin's value.However, the firm argues that the premium at which MicroStrategy's shares are trading, representing over two and a half times the spot price of Bitcoin, is unwarranted. The note emphasizes that while MicroStrategy was once considered a unique gateway to Bitcoin investment, the evolving landscape of cryptocurrency accessibility through brokerages, crypto exchanges, and low-fee investment products has diminished its relative attractiveness.Kerrisdale Capital's position is underpinned by the belief that the inflated premium on MicroStrategy's shares is likely to contract, presenting a \"compelling opportunity\" for a pair trade.Kerrisdale Capital's thesis revolves around the distortion of the relationship between Bitcoin and MicroStrategy. 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