Strategy’s Bitcoin Playbook Under Pressure As Whales Double Exchange Inflows
Michael Saylor’s Strategy (formerly MicroStrategy) faces further tests after selling Bitcoin (BTC) and $128 million in shares.
➤ Michael Saylor's Strategy is facing pressure after selling Bitcoin and shares, leading to concerns about its accumulation strategy and potential further liquidations. ➤ Grayscale's research highlights risks for Strategy's preferred equity instrument, 'Stretch,' due to a cycle of sinking prices and potential cash obligations, limiting the firm's ability to acquire more Bitcoin. ➤ Increased Bitcoin inflows from 'whales' to centralized exchanges signal potential weakness and offloading, contributing to a broader market downturn and double-digit losses across cryptocurrencies.














