Strategy’s $3B Bitcoin Sale Could Restore Market Confidence, Grayscale Research Chief Says

1 month ago 13

Rommie Analytics

Key Takeaways:

  • Grayscale’s Zach Pandl is urging Strategy to sell off upwards of $3 billion worth of Bitcoin to bolster its balance sheet.
  • He said he would caution an increase in STRC dividends to be tantamount to adding costs to investors without restoring their confidence.
  • The proposed move comes across as a new discussion on Strategy’s long-term manage of the Bitcoin treasury.