Analyst Advises Strategy to Halt Bitcoin Purchases Amid Financial Strain
Strategy, one of the largest corporate holders of Bitcoin (BTC-USD), is under pressure due to rising costs tied to its preferred stock STRC. Analyst Julio Moreno from CryptoQuant suggests halting further BTC purchases and focusing on cash reserves as STRC hits a record low at $79.85.
Topics: Bitcoin cash reserves dividend strategy Strategy Corporation (STRC)