According to Deep Tide TechFlow's report, on June 22, AQR Capital Management founder Cliff Asness expressed on social media platform X that he agrees with the famous short-seller Jim Chanos' criticism of Strategy founder Michael Saylor. The controversy centers on Saylor's claim that the company has downside protection when financing Bitcoin purchases through convertible bonds, stating that this type of debt would not be enforced for repayment and could be repaid with stock when Bitcoin prices fall. Both Asness and Chanos believe this statement is incorrect and question whether Strategy has the capability to repay the approximately $10 billion raised through convertible bonds.

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