Bitcoin (BTCUSD)-related stocks have never been an exception; they ride a roller coaster just like every other stock. With so many short sellers in the mix, it can get even crazier, where abrupt rallies can occur, and you have the bulls and the bears taken by surprise.
The company that is getting buzz presently is Bit Digital (BTBT). It is considered one of the shortest crypto stocks on the market, though it has a market capitalization close to $2 billion. Shortly in late January, nearly a fifth of his stock was shorted, and everybody is keeping a close eye on it.
