← Back to KHAO

Strategy · Bitcoin · Federal Reserve (FED) ·

'Stop Buying Bitcoin': Strategy Needs More Cash Fast, Analyst Confirms as STRC Hits New Low

2 min read

Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.

✓ KHAO Verified

Ballooning costs associated with Strategy’s flagship preferred stock have left the Bitcoin -buying firm in a bind—and there’s only one real solution, as CryptoQuant argued on Tuesday.

Key facts

Summary

Strategy should immediately end its Bitcoin-buying spree and focus purely on shoring up cash, according to CryptoQuant Analyst Julio Moreno. He argued that the company's lack of available cash is compounding pressure on Stretch (STRC), which fell to record lows on Wednesday. Strategy’s so-called USD Reserve should be rebuilt to provide the company with at least 24 months of dividend coverage, Moreno advised. If the world’s largest corporate holder of Bitcoin wants to take pressure off Stretch (STRC), it needs to stop purchasing the digital asset immediately and focus purely on shoring up cash, the analytics firm’s Head of Research, Julio Moreno, shared in a note.

#Strategy #Bitcoin #Federal Reserve (FED)