CryptoCointelegraphabout 9 hours ago
Grayscale's Pandl wants Strategy to sell $3B Bitcoin
1 min read
Grayscale head of research Zach Pandl hopes Strategy sells at least $3 billion in Bitcoin to cover cash obligations and restore market confidence. STRC preferred stock fell to $71.25, a 28.75% discount to par. CryptoQuant argues Strategy should pause Bitcoin purchases and replenish cash reserves.
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