TechFlow News, June 5: Zach Pandl, Head of Research at Grayscale, stated that on June 1, Strategy disclosed the sale of 32 BTC. Although the amount is relatively small, it has triggered a new wave of volatility in the Bitcoin market. He noted that Strategy’s variable-rate preferred stock (STRC) is trading below its $100 target price, which may prompt the company to raise dividends and increase future cash flow pressure—potentially leading to further BTC sales pressure. Given the current stock prices of STRC and MSTR, Strategy’s capacity to accumulate additional BTC is limited.
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