Microstrategy stock short sellers have lost $3.3 billion this year

The rise in Bitcoin prices has helped MicroStrategy's stock price rise by 180% so far this year. Data disclosed by S3 Partners shows that short sellers of MicroStrategy's stock have lost about $3.3 billion so far this year. If short sellers are forced to buy back stocks to make up for their losses, MicroStrategy's stock price may further rise and squeeze short sellers.