Flows around Strategy (MSTR) and the company's variable-rate preferred stock STRC are turning bearish this week.
Strategy sold 32 BTC for $2.5M to fund STRC dividends. MSTR fell 7%, BTC dropped, and crypto X debated the precedent.
Michael Saylor‘s Strategy Inc.
Strategy (NASDAQ:MSTR) may have created a capital structure problem that could hurt either Bitcoin
Grayscale Head of Research Zach Pandl says Strategy Inc.’s (NASDAQ:MSTR) ability to accumulate more Bitcoin