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chanos mstr - Jim Chanos Doubles Profit with MSTR Short and BTC Long Strategy
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2026-06-16 03:36:22 |
257 min read
?? MATCH TIMELINE
12:34 PM
Kick-off: Home team starts strong.
15:22 PM
First goal scored by John Doe (23').
18:45 PM
VAR review: penalty awarded.
21:10 PM
Second half begins with intense pressure.
45+2'
Final whistle: 2-1 victory.
Jim Chanos, a prominent short-seller, has reportedly achieved a 100% profit by closing his short position on MicroStrategy (MSTR) while maintaining a long position in Bitcoin (BTC). Chanos executed a paired trade, anticipating a contraction in MSTR's premium over BTC. MicroStrategy, a major digital asset treasury firm, holds approximately $66 billion in BTC but trades at a 1.23x premium to its adjusted net asset value (mNAV). Since November 2024, the mNAV has declined significantly, while BTC has increased by about 25%. Chanos criticized Michael Saylor's leveraged BTC acquisition strategy, describing it as 'financial nonsense.'BTC+0.97%Source:Show OriginalDisclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
