Saylor Defies Short Sellers, Bitcoin Rises
Update: 2025-11-13
Description
Michael Saylor, executive chairman of Strategy, defends digital assets against short sellers, citing long-term value. Jim Chanos, a prominent short seller, unwinds his position against Strategy stock. Over 190 public companies hold Bitcoin, with 94 considered imitators. K33 reports that half of these imitators now have market caps below their Bitcoin holdings, a 25% increase since September. Despite market shifts, Saylor remains optimistic about the digital economys future.
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