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

Michael Saylor's MSTR should pause its bitcoin (BTC) buying and rebuild cash

CryptoQuant says the cash cushion behind Strategy's STRC has thinned from seven years of coverage to 14 months, and buying BTC at cycle tops has left the company with a $10.6 billion paper loss.