Strategy Is No Longer a One-Way Bitcoin Buyer – Bitwise CIO

Strategy Adds 1,587 BTC, Total Holdings Reach 846,842 Bitcoin

The post Strategy Is No Longer a One-Way Bitcoin Buyer – Bitwise CIO appeared first on Coinpedia Fintech News

Bitwise Chief Investment Officer Matt Hougan said Strategy is no longer solely a one-way buyer of Bitcoin, citing the company’s new capital framework that allows it to monetize part of its BTC holdings when needed. Hougan added that recent volatility in STRC and the pullback in MSTR reflect a broader deleveraging cycle in crypto, similar …

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