Jim Chanos, one of the most famous sellers on the out open, recently criticize Strategy founder Michael Celor to promote “full financial humidity”.
Chanus believes that the justification for evaluation through NAV changes is absurd.
“This, of course, complete financial moisture. Mr. Sailor wants you to appreciate his actions based on clear value only to kill Bitcoin (NAV) in the market, but in addition to that with a double about the change in those nuclear armed forces!” Chanus said in a post of recent social media.
James Chaanus recently reached a provocative idea to buy Bitcoin (BTC) as a hedge during the same -time palaces strategy (MSTR), the largest company holder in the leading cryptocurrency.
During a recent appearance on Bloomberg, Silor wondered whether Chanus actually understood the strategy business model.
He stressed that the strategy is the largest source of credit -backed credit tools in the world.
Silor explained that its bitcoin purchases are funded without issuing any common shares, pointing to the trio of the company’s favorite stock offers (“Stride”, “Strife” and “Strike”).
“If the arrow is trading with a weak allowance, we will only sell the preferences,” said Silor.
Silor warned that Chanus would end up liquidating if it ends in the strategy.
Those who try to evaluate the company should take into account its ability to generate bitcoin returns.
