Jim Chanos Sells Strategy Stock, Invests in Bitcoin
- Veteran investor Jim Chanos is selling his shares in Strategy.
- Chanos is simultaneously purchasing bitcoin (BTC).
- He believes the premium on Strategy’s bitcoin holdings is unsustainable.
- Chanos, a former hedge fund magnate, is betting against Strategy stock.
Jim Chanos has shifted his investment strategy by selling Strategy stock and buying bitcoin, citing concerns over the sustainability of the premium on Strategy’s bitcoin holdings.
Source (2.6)https://news.bitcoin.com/strategys-bitcoin-premium-unsustainable-says-short-seller-jim-chanos/?rand=52384
