Short Seller Jim Chanos Reiterates Michael Saylor's Strategy Premium Is Unsustainable — Warns Bitcoin Arbitrage Is 'Not A Static Trade'

Veteran short seller James Chanos defended on Sunday his strategic arbitrage trade of shorting Strategy Inc.'s (NASDAQ:MSTR) stock while going long on Bitcoin (CRYPTO: BTC), as he continues to attack what he thinks is an unjustified premium on the stock relative to its BTC holdings. What happened:…