🤑 Saylor Missed the Bitcoin Dip? Chanos Laughs in Crypto! 🚀

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So, there’s this chap, Jim Chanos-a bloke who’s made a career out of being the financial world’s resident party pooper-who recently took to the X social media network (yes, the one with the blue bird, not the one with the spaceship) to have a jolly good laugh at Michael Saylor’s expense. Apparently, Saylor, the Bitcoin-hoarding maestro over at Strategy, didn’t announce another Bitcoin purchase during a major price dip. 🧐

Chanos, ever the cynic, couldn’t resist pointing out the irony. “Isn’t that when they should be buying more?” he quipped, probably while sipping a cup of tea and stroking an imaginary cat. 🐱 Because, you know, that’s what short sellers do. They sip tea. And stroke cats. And mock people for not buying things when they’re cheap. It’s a tough job, but someone’s got to do it.

Chanos’s Anti-Saylor Bet: A Tale of Financial Gibberish and Collapsing Premiums

As reported by U.today (or was it U.Tomorrow? Time is relative when you’re dealing with crypto), Chanos bet against Strategy’s common stock while simultaneously buying Bitcoin. It’s like he was playing a game of financial chess, except the board was on fire and the pieces were screaming. 🔥♟️

His thesis? That Strategy’s stock was overvalued relative to the net value of its BTC holdings. He called parts of Saylor’s model “financial gibberish,” which is just a fancy way of saying, “I have no idea what you’re talking about, but it sounds wrong.” 🤷‍♂️ And, lo and behold, he was right! The MSTR premium collapsed faster than a house of cards in a wind tunnel, and the stock underperformed BTC so badly it’s now taking lessons from a sloth. 🦥

Chanos, who once famously bet against Enron (because who wouldn’t?), announced earlier this month that he “unwound” his hedged trade. Translation: He made a boatload of cash. 🛳️💰 He hasn’t disclosed the exact numbers, but let’s just say he’s probably not clipping coupons to save on groceries.

Accelerating Purchases: Or Are They Running on Fumes?

Meanwhile, Saylor recently declared that Strategy was going to accelerate its Bitcoin purchases. A week later, they announced they’d bought $836 million worth of Bitcoin. Sounds impressive, right? Wrong. 🛑 Because, as Chanos so gleefully pointed out, they missed the chance to buy during a major sale. It’s like showing up to a Black Friday sale after all the good stuff is gone and only finding socks left. 🧦

So, what does this mean? Well, it could mean that Strategy is running out of firepower, or maybe they’re just really bad at timing. Either way, Chanos is probably somewhere laughing into his tea, while Saylor is frantically checking the Bitcoin charts. 📉🤦‍♂️

Stay tuned, folks, because in the world of crypto, the only thing that’s certain is uncertainty. And tea. Lots of tea. 🍵

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2025-11-24 23:52