Jim Chanos Slams MicroStrategy: ’A Bloated Bitcoin Proxy Trading at a Silly Premium’
Short-seller Jim Chanos takes aim at Michael Saylor’s crypto darling—calling MicroStrategy a glorified Bitcoin wrapper with a valuation that defies logic.
Why buy the overpriced middleman when you can just hold the asset? Wall Street’s favorite BTC play now trades like a meme stock—minus the fun.