💥Wall Street short seller Jim Chanos: Shorting MicroStrategy, Buying Bitcoin!

Famed short seller Jim Chanos told CNBC that he's executing a short MSTR / long BTC strategy.

He said:

“We’re shorting MicroStrategy and buying Bitcoin — basically buying for $1 and selling for $2.50.”

Chanos slammed the idea that companies should trade at a premium just because they hold BTC, calling it “absurd.” He warned that more firms are raising money from retail investors with the same narrative as MSTR.

📈Past year performance:

MicroStrategy ($MSTR): +220%

Bitcoin ($BTC): ~+70%

#bitcoin #MSTR #JimChanos