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Bitwise Says Strategy Now Less Important Figure in Bitcoin
Bitwise chief investment officer Matt Hougan says Strategy won’t play as prominent a role in Bitcoin’s future price rallies after its STRC crisis forced the firm to rethink its Bitcoin-buying strategy.
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theblock.co
'I think we're nearing the bottom': Bitwise CIO says Strategy's STRC selloff is part of bitcoin's end-of-cycle dynamics
Bitwise CIO Matt Hougan says Strategy's STRC selloff reflects the kind of "end-of-cycle" deleveraging that precedes a bitcoin market bottom.
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coindesk.com
Bitwise says STRC selloff signals crypto market bottom is near
Bitwise said STRC's volatility reflects a late-cycle leverage unwind, with institutions poised to replace Strategy as bitcoin's biggest buyer.
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cryptobriefing.com
Bitwise CIO sees new Bitcoin bull market beginning this fall
Bitwise CIO Matt Hougan says the STRC unwind is clearing excess leverage from Bitcoin and could signal that the crypto market is nearing a bottom.
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cointelegraph.com
Bitwise Says Strategy Now Less Important Figure in Bitcoin
Bitwise chief investment officer Matt Hougan says Strategy won’t play as prominent a role in Bitcoin’s future price rallies after its STRC crisis forced the firm to rethink its…
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zerohedge.com
Strategy Is Now Selling Bitcoin It Acquired Just Days Ago
Strategy disclosed it sold more than 3,000 BTC. It had just bought 1,550 of those BTC a couple weeks prior. Why?