Short King Chanos Flips Script—Now Gobbling Bitcoin While Betting Against His Own Legacy

Jim Chanos—the notorious short-seller who made billions betting against Enron and Tesla—just pulled a 180. The man who built his career on ’short everything’ is now accumulating Bitcoin while quietly dismantling his flagship short-only fund. Talk about a plot twist worthy of Wall Street’s theater of absurdity.

From Short Seller to Crypto Skeptic (Mostly)

Chanos spent years dismissing crypto as a ’fraud’—until the market laughed last. Now, he’s hedging his existential crisis with BTC exposure, even as he insists he’s ’still a skeptic.’ Sure, Jim. Next you’ll tell us you’re ’just researching’ those Solana NFTs.

The Real Trade? Shorting His Own Reputation

The move reeks of a trader who knows the game changed. With macro winds favoring hard assets and the SEC neutered by ETF approvals, even the king of shorts can’t ignore the tape. His real short position? His own legacy—against a market that’s moved on without him.

Funny how ’fraud’ becomes ’portfolio diversification’ when your AUM drops 90%. Welcome to crypto, Jim. Try not to choke on the humble pie.