W

Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidence

Business Management
Share
Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidence

Grayscale's research head Zach Pandl said Strategy should sell $3 billion in Bitcoin to cover its cash obligations, but CryptoQuant argued the company has other ways to support STRC.

Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidence

Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidence


Source:Cointelegraph

DisclaimerPlease read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Beneath the surface, the next market leaders are getting ready to break out, says Morgan Stanley

Earnings estimates are starting to pick up for artificialintelligence adopters — and their stocks are due to rise as well, argues Morgan Stanley.…

U.S. oil prices reach highest level in over three months after Saudi Arabia says civilian and energy sites struck

A spokesman for the Saudiled coalition fighting in Yemen said 73 people were injured in attacks by the Houthi rebels. Source:MarketWatch

Cronos executes controversial blockchain rollback to recover crypto worth $111 million

Validators rolled back nearly two hours of blockchain history to recover user assets. But the attackers still managed to get away with $9.19 million before…

Bitcoin slips to $78,800 as BNB and DeFi tokens buck the selloff

Bitcoin fell 0.42% since midnight UTC to $78,874, but the CoinDesk 20 rose 0.2% and the memecoin index gained 0.41% as BNB Chain tokens rallied. Source:CoinDesk

Sourcehttps://cointelegraph.com/news/grayscales-pandl-strategy-sells-3b-bitcoin-confidence