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BUZZING· 80%31m·2025-06-30·Money

Jim Chanos on the Nuttiness of 'Bitcoin Treasury Companies'
Odd Lots
For awhile there was just MicroStrategy (which has since been renamed as Strategy.) It started buying Bitcoin, and then raised money to buy more Bitcoin, and the stock has done phenomenally well, despite the company not doing much else beside holding Bitcoin. But now it has spawned numerous copycats all doing the same…
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80%
BUZZING
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