Part 4/13:
One particular fund shorted MicroStrategy, and it’s noteworthy because MicroStrategy has outperformed Bitcoin by over 119% since the launch of its Bitcoin treasury strategy, surpassing many other assets like Carvana, which later soared 90% after getting shorted. The irony is stark: betting against MicroStrategy, a proxy for Bitcoin, is akin to fighting the tide—and history suggests they are likely to be crushed once again.