Based on TheMarketPeriodical, experts including Max Keiser and John Deaton are calling for a potential 'rage trade' or short squeeze in MicroStrategy (MSTR) stock, drawing parallels to the 2021 GameStop (GME) event. This follows JPMorgan's recommendation to short MSTR and advise MSCI to remove the company from its indices due to its heavy Bitcoin exposure. JPMorgan estimates the MSCI decision could trigger up to $8.8 billion in mandatory selling. Meanwhile, Bitcoin is trading near MicroStrategy's average purchase price of $74,000, raising concerns about forced liquidations. Michael Saylor has stated the firm is prepared to withstand significant Bitcoin drawdowns.
Experts Predict MSTR Stock Could Face GameStop-Like Rage Trade After JPMorgan Short Call
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