Traders turn bearish on MicroStrategy just hours before its earnings report
As Michael Saylor's MicroStrategy (NASDAQ: MSTR) gears up to report earnings on Oct. 30, sentiment among traders has turned sharply bearish, both on Wall Street and in the crypto derivatives space. On prediction market Polymarket, bettors are assigning only an 18% chance that the company will beat its quarterly expectations. The skepticism mirrors growing unease about the company’s exposure to Bitcoin (BTC) as volatility in the crypto market fades. Polymarket chart showing traders assigning only an 18% c ...