{"id":34509,"date":"2025-07-01T07:46:37","date_gmt":"2025-07-01T07:46:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34509"},"modified":"2025-07-01T07:46:37","modified_gmt":"2025-07-01T07:46:37","slug":"james-chanos-shreds-michael-saylors-strategy-model-of-multiple-of-nav-valuation-famed-short-seller-says-it-is-absurd","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34509","title":{"rendered":"James Chanos Shreds Michael Saylor’s Strategy Model Of ‘Multiple of NAV’ Valuation \u2014 Famed Short Seller Says ‘It Is Absurd’"},"content":{"rendered":"
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Veteran short-seller James Chanos<\/strong> of Kynikos Associates is once again taking a shot at Strategy Inc.<\/strong> (NASDAQ:MSTR<\/a>), calling its valuation framework not just flawed, but absurd.<\/p>\n

What Happened: <\/strong>On Monday, Chanos slammed Strategy\u2019s claim that its valuation should reflect not just the net asset value (NAV) of its Bitcoin holdings, but also a multiple on the unrealized gains, while speaking on Bloomberg\u2019s Odd Lots podcast.<\/p>\n

\"\"<\/a><\/figure>\n<\/p>\n

What pushed him \u201cinto orbit,\u201d he says, was founder Michael Saylor’s argument that appreciation in Bitcoin should be treated like recurring profit, and capitalized accordingly.<\/p>\n

See Also: Strategy Adds 4,980 Bitcoin, Ups Total Stack To $42 Billion<\/a><\/strong><\/p>\n

He went on to mock this logic with an analogy. \u201cThat\u2019s like saying, my whole net worth is in a house that’s worth $400,000 …<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Veteran short-seller James Chanos of Kynikos Associates is once again taking a shot at Strategy Inc. (NASDAQ:MSTR), calling its valuation framework not just flawed, but absurd. What Happened: On Monday, Chanos slammed Strategy\u2019s claim that its valuation should reflect not just the net asset value (NAV) of its Bitcoin holdings, but also a multiple on […]<\/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-34509","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\/34509","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=34509"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34509\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}