According to PANews, renowned short-seller James Chanos has officially closed his 11-month short positions on Strategy Company ($MSTR) and Bitcoin, marking the end of his high-profile bearish stance on Bitcoin-related stocks and Strategy as a benchmark company. The closure of institutional short positions is often seen as a trend reversal signal, suggesting that the darkest days for Bitcoin reserve companies may be over. In recent weeks, the ecosystem of Bitcoin reserve companies has faced significant challenges. Many related companies have seen their stock prices drop sharply from earlier highs this year
source: https://www.binance.com/en/square/post/32182383391458?utm_source=BinanceNewsRSS