Market Samachar

CryptoQuant says Michael Saylor's Strategy should halt its bitcoin buying

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Our editorial commentary, not the publisher's article body.

CryptoQuant advises MicroStrategy to halt its Bitcoin buying strategy. The analytics firm notes that MicroStrategy's cash reserves, backing its STRC holdings, have significantly dwindled from seven years of coverage to just 14 months. This strategy of acquiring Bitcoin at market…

• CryptoQuant warns MicroStrategy on BTC.
• Cash cushion now only 14 months.
• MicroStrategy faces $10.6 billion paper loss.

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