【Wall Street's famous short seller Jim Chanos: We are selling MicroStrategy stocks and buying Bitcoin】Golden Finance reports that Wall Street's famous short seller Jim Chanos stated at the Sohn Investment Conference in New York that he is engaged in an aggressive long-short trade involving MicroStrategy and Bitcoin. Chanos is bullish on Bitcoin while being bearish on MicroStrategy, believing that the company holds a large amount of Bitcoin through leverage, and that the stock price has a significant premium relative to its Bitcoin holdings. Chanos pointed out that MicroStrategy and its imitators promote the idea of purchasing Bitcoin through corporate structures to retail investors, and that a similar premium valuation is unreasonable. He stated that by shorting MicroStrategy stocks and buying Bitcoin, it is akin to buying at $1 and selling at $2.5. Over the past year, MicroStrategy's stock price has increased by more than 220%, while Bitcoin's increase during the same period is close to 70%.

#BTC