Grayscale: Strategy selling some Bitcoin **or** helping reduce financing risks and enhance price stability

Mars Finance News, Grayscale Research stated that Strategy's sale of some Bitcoin last week may help reduce financing risks and provide support for Bitcoin price stability. The sale of approximately $216 million increased its dollar reserves, which is expected to cover about 17 months of dividend payment needs. Meanwhile, the rebound in STRC price indicates that investors have reacted relatively positively to this decision.
BTC0.52%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned