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The Saylor-Chanos clash of Wall Street heavyweights is all about MicroStrategy's premium to bitcoin
They are two figures who command legendary status on Wall Street. In one corner stands Jim Chanos, a prominent investment manager who made his reputation with a history of controversial short-selling bets on the likes of Enron and Tesla (TSLA) . In the other stands Michael Saylor, the executive chairman of the company that used to be called MicroStrategy (MSTR) , the stock synonymous with bitcoin (BTCUSD) , and the most passionate, well-known evangelist for the cryptocurrency. What are they arguing about? Well, they aren't disputing the value of bitcoin per se. In May, Chanos addressed an investment conference in New ... (full story)
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