Short-selling institution Citron: Still optimistic about BTC, but has shorted MicroStrategy for hedging

Odaily News Citron Research, a short-selling agency, posted on the X platform that as Bitcoin investment becomes easier than ever (currently you can buy ETFs, COINs, and HOODs), MicroStrategy's trading volume has completely deviated from BTC's fundamentals. Although Citron is still bullish on Bitcoin, we have hedged by opening a short position in MicroStrategy. Citron said that it pays tribute to Michael Saylor's visionary Bitcoin strategy and respects him very much, but even Michael Saylor knows that MicroStrategy is now overheated.