Grayscale Warns Strategy’s Bitcoin Model May Be Adding Market Pressure

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Grayscale Warns Strategy’s Bitcoin Model May Be Adding Market Pressure

The post Grayscale Warns Strategy’s Bitcoin Model May Be Adding Market Pressure appeared first on Coinpedia Fintech News

Grayscale Head of Research Zach Pandl said concerns are growing around Strategy’s leveraged Bitcoin accumulation strategy after the company disclosed the sale of 32 BTC. According to Pandl, weaker performance in Strategy’s preferred shares could raise dividend costs, increasing financial pressure and potentially leading to additional Bitcoin sales. The comments matter because Strategy is one …