
According to Goldman Sachs data, Strategy is now the most shorted U.S. stock by market value ratio, while its Bitcoin holdings exceed 717,000 BTC amid sizable unrealized losses.
According to Goldman Sachs data, Strategy became the most shorted U.S. stock by market value ratio. The company purchased 592 BTC last week for $39.8 million, bringing total holdings to 717,722 BTC acquired at an average price of $76,020. With Bitcoin near $66,000, the position implies roughly $7 billion in unrealized losses. The latest buy marked Strategy’s 100th purchase since August 2020 and was funded via common stock sales.