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Strategy: U.S. dollar reserves have increased to approximately $3 billion, but a systematic Bitcoin trading framework still needs to be established
Svmuu News: Julio Moreno, Head of Research at CryptoQuant, stated that Strategy’s newly launched digital credit capital framework has largely resolved the company’s short-term liquidity issues, but it still needs to establish a more disciplined Bitcoin buying and selling mechanism. CryptoQuant noted that following the announcement of the new framework, Strategy has sold 3,588 Bitcoin,approximately $216 million, to replenish its U.S. dollar reserves. It also raised $467 million by selling MSTR shares, increasing its U.S. dollar reserves from $1.44 billion to approximately $3 billion and extending the preferred stock dividend coverage period from about 14 months to 29 months.As of now, Strategy’s Bitcoin holdings remain unchanged at 843,800. CryptoQuant believes that Strategy has yet to resolve two key issues: when to resume buying Bitcoin, and how to sell a portion of its Bitcoin holdings during the next bull market.
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