Data: Short sellers of Microstrategy stock have lost $3.3 billion this year

ChainCatcher news, the rise in Bitcoin prices has helped MicroStrategy's stock price increase by 180% year-to-date. According to data disclosed by S3 Partners, short sellers of MicroStrategy stock have lost approximately $3.3 billion year-to-date. If short sellers are forced to buy back shares to cover their losses, MicroStrategy's stock price may rise further and squeeze the short sellers.