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…
