NEW: Investor Jim Chanos is shorting MicroStrategy while going long on Bitcoin, calling the stock overvalued relative to its BTC holdings.

โ€œWeโ€™re selling MicroStrategy and buying Bitcoin, basically buying something for $1 and selling it for $2.50,โ€ he told CNBC

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๐Ÿซ 

I donโ€™t think he understands how this works ๐Ÿ˜‚๐Ÿ˜‚

Geez, why didn't anyone else think of this? Answer: most investors try to put the odds in their favor, and not lose money. ๐Ÿคฃ

Wise. Ponzy.