"The death-spiral story assumes that Strategy is one bad week from selling bitcoins, and it skips several steps to get there," said Benchmark.

Strategy Inc. (NASDAQ:MSTR) bought 1,587 Bitcoin

"The death-spiral story assumes that Strategy is one bad week from selling bitcoins, and it skips several steps to get there," said Benchmark.

Benchmark and TD Cowen on Monday pushed back against death spiral fears surrounding Strategy Inc. (NASDAQ:MSTR) as the stock surges 8% on Bitcoin&#

Strategy Inc. (NASDAQ:MSTR) Executive Chairman Michael Saylor rejected claims that his company poses a systemic risk to Bitcoin

Michael Saylor defends Strategy's 846,842 BTC holdings against systemic risk claims, calling the firm a 'shock absorber' that stabilizes Bitcoin markets.