Michael Saylor earned billions selling company stock to buy bitcoin. Jim Chanos, who famously shorted Enron, is suspicious.
It is an epic feud, a clash of opposites, a billionaire hype-man pitted against a renowned financial skeptic. But it is more than that, too.
The dispute between Michael Saylor and James Chanos is a stress test of an audacious bit of financial engineering that has earned billions for Saylor and recently spawned several imitators, including, as of last month, the Trump family.
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