Renowned short seller Jim Chanos has taken a bold stance against Microstrategy’s investment strategy, advocating for direct Bitcoin ownership instead. His latest move involves shorting the company’s stock while publicly embracing Bitcoin as a valuable asset. 💰 This decision is based on his observation of MicroStrategy’s reliance on a premium valuation tied to Bitcoin, questioning its long-term sustainability. 🤔 📈 Chanos believes this strategy poses broader concerns about corporate exposure to volatile cryptocurrencies. He argues that selling the idea of investing in Bitcoin through corporations offers a clear arbitrage opportunity and reflects wider retail speculation in Bitcoin.