Grayscale (@Grayscale): Grayscale Research believes @Strategy's Bitcoin $BTC sale last week may reduce financing risk and support Bitcoin price stability.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Grayscale Research believes @Strategy's Bitcoin $BTC sale last week may reduce financing risk and support Bitcoin price stability. The recent ~$216M sale boosted Dollar reserves to cover ~17 months of dividend payments. The rebound in $STRC suggests investors are responding positively to this decision. Read more on Strategy from @LowBeta on the Stack: https://www.grayscale.com/the-stack/shifts-by-strategy-reduce-bitcoin-tail-risks