Short-seller James Chanos has closed his short position against Strategy after the firm’s premium over its bitcoin holdings shrank, validating his bearish thesis. James Chanos Takes Profit on Strategy Short After Price Compression James Chanos, founder of Kynikos Associates and one of Wall Street’s most recognizable skeptics, has long criticized Strategy for what he calls […]
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US Storm Smashes Bitcoin Mining Power, Sending Hash Rates Tumbling
A fierce winter storm that swept much of the US over the weekend forced large parts of the Bitcoin mining...
