Legendary short-seller Chanos slams Bitcoin treasuries as ‘financial gibberish’

Jim Chanos has denounced Bitcoin treasury companies, particularly Strategy, claiming they mislead investors by suggesting that accumulating Bitcoin generates real economic value.

He highlighted Strategy’s 100 billion USD market cap against its 60 billion USD Bitcoin, emphasizing the fragility of these valuations. Chanos also expressed concerns about the potential correction in the AI sector.

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