{"id":27129,"date":"2025-05-16T11:47:11","date_gmt":"2025-05-16T11:47:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27129"},"modified":"2025-05-16T11:47:11","modified_gmt":"2025-05-16T11:47:11","slug":"jim-chanos-goes-long-bitcoin-short-microstrategy-in-arbitrage-bet-against-retail-speculation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27129","title":{"rendered":"Jim Chanos Goes Long Bitcoin, Short MicroStrategy In Arbitrage Bet Against Retail Speculation"},"content":{"rendered":"<div>\n<p>Veteran short seller <strong>Jim Chanos<\/strong> on Thursday revealed <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45417306\/michael-saylors-bitcoin-strategy-infinite-money-glitch-or-a-reflexive-leverage-bet\">a strategic arbitrage trade<\/a>: long <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), short <strong>Strategy <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>).<\/p>\n<p>His position targets what he <a href=\"https:\/\/x.com\/coinbureau\/status\/1922951397776974024\">described<\/a> as a widening and unjustified premium on MicroStrategy&#8217;s stock relative to its Bitcoin holdings.<\/p>\n<p>\u201cWe&#8217;re buying Bitcoin, selling MicroStrategy stock\u2014an arbitrage play, buying for $1, selling for $2.50,\u201d Chanos said during the talk. <\/p>\n<p>He emphasized that the core trade isn\u2019t based on predicting Bitcoin&#8217;s price direction but exploiting the spread between MicroStrategy&#8217;s net asset value (NAV) and its trading price.<\/p>\n<p>\u201cI don&#8217;t know where Bitcoin is going.. $100,000, a million, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45465049\/jim-chanos-goes-long-bitcoin-short-microstrategy-in-arbitrage-bet-against-retail-speculati\" alt=\"Jim\" chanos goes long bitcoin short microstrategy in arbitrage bet against retail speculation>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Veteran short seller Jim Chanos on Thursday revealed a strategic arbitrage trade: long Bitcoin (CRYPTO: BTC), short Strategy (NASDAQ:MSTR). His position targets what he described as a widening and unjustified premium on MicroStrategy&#8217;s stock relative to its Bitcoin holdings. \u201cWe&#8217;re buying Bitcoin, selling MicroStrategy stock\u2014an arbitrage play, buying for $1, selling for $2.50,\u201d Chanos said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27129","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27129"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27129\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}