Jim Chanos is doing an aggressive long and short trade involving MicroStrategy and bitcoin

Jim Chanos is doing an aggressive long and short trade involving MicroStrategy and bitcoin

The investor is simultaneously betting on bitcoin and against a company that is taking a risky strategy on the cryptocurrency.

Jim Chanos Bets Against Strategy, Backs Bitcoin in Strategic Shift Bitcoin ETHNews

Strategy holds 568,840 BTC ($58B), urging firms like Microsoft to adopt similar accumulation tactics. Chanos warns corporate BTC strategies risk losses if hype fades, calling MSTR’s stock speculative. Jim Chanos, the investor renowned for uncovering Enron’s fraud, has announced a dual strategy: shorting MicroStrategy’s stock while taking a long position in Bitcoin. His decision, revealed at the Sohn Investment Conference, highlights skepticism t…

Jim Chanos Shorts Strategy While Buying Bitcoin Directly

Prominent investor Jim Chanos has revealed a new trading strategy that involves simultaneously shorting shares of Strategy (formerly MicroStrategy) while directly purchasing Bitcoin. Speaking at the Sohn Investment Conference in New York on May 14, Chanos told CNBC he is "selling MicroStrategy stock and buying bitcoin and basically buying something for $1, selling it for two and a half dollars."The former hedge fund manager, best known for his s…

Strategy’s Bitcoin Premium Unsustainable, Says Short-Seller Jim Chanos - Coin Surges

Veteran investor Jim Chanos has revealed that he is offloading Strategy’s stock while simultaneously buying bitcoin ( BTC). Selling Strategy Stock to Buy Bitcoin Veteran investor Jim Chanos has revealed that he is simultaneously betting on bitcoin ( BTC) against the stock of Strategy. The former hedge fund magnate said he has taken this approach […] Read Entire Article The post Strategy’s Bitcoin Premium Unsustainable, Says Short-Seller Jim Chan…

Strategy’s Bitcoin Premium Unsustainable, Says Short-Seller Jim Chanos

Veteran investor Jim Chanos has revealed that he is offloading Strategy’s stock while simultaneously buying bitcoin ( BTC). Selling Strategy Stock to Buy Bitcoin Veteran investor Jim Chanos has revealed that he is simultaneously betting on bitcoin ( BTC) against the stock of Strategy. The former hedge fund magnate said he has taken this approach... The post Strategy’s Bitcoin Premium Unsustainable, Says Short-Seller Jim Chanos appeared first on …

Strategy's Bitcoin Premium Unsustainable, Says Short-Seller Jim Chanos – Crypto News Bitcoin News

Veteran investor Jim Chanos has revealed that he is offloading Strategy’s stock while simultaneously buying bitcoin ( BTC). Selling Strategy Stock to Buy Bitcoin Veteran investor Jim Chanos has revealed that he is simultaneously betting on bitcoin ( BTC) against the stock of Strategy. The former hedge fund magnate said he has taken this approach […]