Strategy Stock Saw $180M in Failed Trades in March, Possible Short Squeeze Indicator

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR)Traders shorting Strategy (MSTR), the bitcoin buyer whose share price gained 13% in March, may be struggling to find enough stock to repay the lenders who underpinned their bets the company's value would fall.More than $180 million worth of trades in MSTR stock failed to settle last month, data from the SEC and Fintel show. These events, known as Failures to Deliver (FTDs), happen when a seller doesn’t deliver shares to the buyer by the settlement deadline, now just one business day after the trade (T+1).FTDs can result from administrative errors or slow settlement systems, but can also indicate that short sellers, who borrow shares and sell them in the hope that they can buy them back at a lower price when it comes to return them to the lender, are having difficulty finding enough stock to repurchase source: https://www.coindesk.com/markets/2025/04/23/strategy-stock-saw-180m-in-failed-trades-in-march-possible-short-squeeze-indicator