Grayscale Research Chief Recommends Strategy Sell Over $3B Bitcoin to Improve Capital Structure

BTC-0.37%
According to BlockBeats, on June 28, Zach Pandl, research chief at Grayscale Research, recommended that Strategy sell over $3 billion in Bitcoin rather than raise preferred stock dividend rates by 50 basis points. Pandl suggested the Bitcoin sale would help Strategy meet cash payment obligations and restore market confidence.
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