Svmuu News: Matt Hougan, Chief Investment Officer at Bitwise, stated that Strategy’s role in the Bitcoin market has undergone a fundamental shift. For many years, Strategy has been the world’s most prominent buyer of Bitcoin, consistently providing the market with long-side demand; however, this phase of one-way accumulation has likely come to an end.Going forward, Strategy will flexibly buy and sell Bitcoin based on market conditions, but will not engage in large-scale sell-offs; the existing mechanisms will not force Strategy to sell off tens of billions of dollars annually Bitcoin. Once Bitcoin enters a bull market, Strategy will likely resume net buying, but its influence on the Bitcoin market during the next cycle will be less significant than in the previous one.