Reported about 20 hours ago
The debate on Wall Street intensifies as short seller Jim Chanos critiques Michael Saylor's strategy of acquiring massive amounts of bitcoin through his company, MicroStrategy. Chanos argues that the company should not be valued higher than the bitcoin it holds, suggesting investors would be better off buying bitcoin directly. Saylor counters that his company's stock is easier to own than bitcoin itself. Meanwhile, the two continue to exchange barbs in interviews, drawing significant attention from investors as Saylor's approach leads to considerable gains despite growing criticism and legal challenges.
Source: YAHOO