Bitcoin treasury bear market ‘gradually’ ending as renowned short seller closes MSTR/BTC position

Renowned short seller James Chanos has officially closed his $MSTR/Bitcoin hedged trade after 11 months, marking an end to his high-profile bet against Bitcoin-linked equities and Strategy stock.​ ...

By · · 1 min read
Bitcoin treasury bear market ‘gradually’ ending as renowned short seller closes MSTR/BTC position

Source: CryptoSlate

Renowned short seller James Chanos has officially closed his $MSTR/Bitcoin hedged trade after 11 months, marking an end to his high-profile bet against Bitcoin-linked equities and Strategy stock.​ The unwinding of institutional short positions is a trend reversal indicator that could mean the worst for Bitcoin treasury companies is behind them. The bitcoin treasury ecosystem […]

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