Prominent short-seller Jim Chanos, once a vocal critic of Bitcoin and cryptocurrencies, revealed a new trading play that involves shorting shares of Strategy (formerly MicroStrategy) and buying Bitcoin.
At the Sohn Investment Conference in New York, Chanos data-ct-non-breakable=”null” href=”https://www.cnbc.com/2025/05/14/jim-chanos-is-doing-an-aggressive-long-and-short-trade-involving-microstrategy-and-bitcoin.html” rel=”null” target=”null” text=”null” title=”null”>told CNBC he’s “selling MicroStrategy stock and buying Bitcoin.” The investor described the move as buying something for $1 and selling something for $2.50, referring to what he sees as a significant price mismatch.
Chanos argued that Strategy is selling the idea of buying Bitcoin ( data-ct-non-breakable=”null” href=”” rel=”null” target=”null” text=”null” title=”null”>BTC) in a…
