0xTodd|May 15, 2025 08:46
I can also understand Jim Chanos' thinking
The mentality is similar to the previous feeling of everyone being bearish on exchange rates.
The current market value of Micro Strategy is approximately 115 billion US dollars
And its Bitcoin holdings are $57.9 billion, exactly 2 x
Additionally, perhaps he believes that due to too many imitators of Weiche, it will also weaken the premium of Weiche's position as the leader.
Considering that the profits of other businesses in Weice are no longer comparable to Bitcoin holdings, it is possible that he wants to lower Weice's price to book ratio to just over 1?
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