Investor Jim Chanos Bets on Bitcoin, Shorts MicroStrategy – Here’s Why

The post Investor Jim Chanos Bets on Bitcoin, Shorts MicroStrategy – Here’s Why appeared first on Coinpedia Fintech News Veteran short-seller Jim Chanos, the man who famously exposed the Enron scandal, is now turning heads in the crypto market . Speaking at the Sohn Investment Conference , Chanos revealed his latest move: shorting MicroStrategy while going long on Bitcoin. His stance highlights growing concerns about speculation-driven valuations in crypto-related stocks. Here’s why this matters. Who is Jim Chanos and Why His Move Matters Jim Chanos is a Greek-American investor and founder of Kynikos Associates. He is widely recognized as one of the most successful short-sellers in modern financial history. His biggest claim to fame came in 2000 when he uncovered Enron’s accounting fraud. By identifying the company’s use of deceptive “gain-on-sale” tactics and hidden debt, he shorted the stock before it collapsed, securing massive profits. Known for his deep-dive analysis and ability to detect overvalued companies, Chanos’ views on the crypto space are not to be ignored. Why Chanos is Long on Bitcoin but Short on MicroStrategy At the Sohn event, Chanos made it clear: Bitcoin is undervalued, but MicroStrategy stock is not . He argued that the company’s share price has outpaced the actual value of its Bitcoin holdings. Rather than buying MicroStrategy stock, he believes it’s better to buy Bitcoin directly. His reasoning is simple — MicroStrategy is being driven by retail speculation, while Bitcoin still holds long-term fundamental value. MicroStrategy’s Massive Bitcoin Holdings MicroStrategy has become the largest publicly traded Bitcoin holder, with: Over 568,840 BTC in its reserves Holdings valued at more than $58 billion Ownership of roughly 2.7% of Bitcoin’s total supply The company added over 122,000 BTC in 2025 alone and has encouraged other major corporations, including Microsoft , to adopt a similar Bitcoin accumulation strategy. However, Chanos warns that MicroStrategy’s stock has surged too fast compared to Bitcoin, suggesting it may be overbought. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Bahrain’s Al Abraaj Adds Bitcoin to Reserves in Historic First , The Warning: Bitcoin Strategy May Become a Risky Trend Chanos cautioned that more companies could try to mimic MicroStrategy’s model. He called the BTC-buying trend hype-driven and warned that these moves might lead to financial losses once the excitement fades. In his view, MicroStrategy’s valuation does not reflect a strong underlying business but rather exaggerated investor expectations. Conclusion Jim Chanos isn’t betting against Bitcoin — he’s betting against the hype surrounding companies like MicroStrategy. His move serves as a reminder for investors to look beyond headlines and focus on real value. 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MicroStrategy holds over 568,000 BTC and has promoted aggressive Bitcoin accumulation among corporations. How much Bitcoin does MicroStrategy own in 2025? As of 2025, MicroStrategy owns over 568,840 BTC, valued at more than $58 billion, or 2.7% of total BTC supply. How much will 1 Bitcoin cost in 2025? As per Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains.

Source: coinpedia