Grayscale said Strategy's ability to accumulate more bitcoin is limited at the current STRC and MSTR share prices.

Strategy sold 32 BTC for $2.5M to fund STRC dividends. MSTR fell 7%, BTC dropped, and crypto X debated the precedent.

Strategy’s first Bitcoin sale sparked a selloff, with Grayscale warning its leveraged model limits future BTC buying as STRC trades below par.