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TRON24h $0.2867+1.33%

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Cardano24h $0.2961-0.12%

Bitcoin Cash24h $522.30-0.64%

Hyperliquid24h $32.69-9.30%

S&P 500 declines to add Strategy again

S&P Dow Jones Indices didn’t add Strategy to its S&P 500 Index in its November 24 announcement. The next possibility is December 5.

Jim Chanos missed out on extra 85% annualized from MSTR short

Jim Chanos profited by shorting the premium of MSTR to its BTC, but he missed out on the final, exceptionally profitable leg of that trade.

The central bank of Norway has paid the price for investing in Michael Saylor’s BTC treasury company, Strategy.

Strategy investors invented the term “mNAV” to boast about overpaying for MSTR stock. That came back to haunt them.

Strategy founder Michael Saylor has made many dubious claims, but this week’s likening of MSTR to “digital treasuries” might take the cake.