Financial heavyweights @LynAldenContact, @RealJimChanos & @dampedspring clash over Strategy’s bitcoin strategy—premium or pitfall? 🔥💰

- Alden defends MSTR’s mNAV premium as unique value for institutional BTC exposure.

- Chanos & Constin argue returns rely on later buyers subsidizing early investors.

- Debate centers on whether MSTR’s model is sustainable or a premium-fueled arbitrage.