A short seller who made 50% returns betting against MicroStrategy lays out his bear case thesis on crypto stocks — and shares an area of the market where he’s incredibly bullish

July 3, 2021
12:15 pm

A short seller who made 50% returns betting against MicroStrategy lays out his bear case thesis on crypto stocks — and shares an area of the market where he’s incredibly bullish

When crypto exchange Coinbase went public, it was a record breaking day for bitcoin (BTC) with the price hitting $64,863, following an extraordinary 1,479% rally since March 2020 lows.
But since then, its value began to decline.
Crypto investors complained…

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