Grayscale: Strategy sells 32 BTC, causing market fluctuations; under current conditions, the ability to increase holdings may be limited

By: rootdata|2026/06/05 20:45:01
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Grayscale Research Director Zach Pandl stated that Strategy disclosed the sale of 32 BTC on June 1. Although the amount is small, it has triggered a new round of volatility in the Bitcoin market.

He pointed out that the variable rate preferred stock STRC is trading below the $100 target level, which may prompt the company to increase dividends and add pressure on future cash flows, potentially leading to more selling pressure on BTC. At the current price levels of STRC and MSTR, Strategy's ability to further increase its BTC holdings is limited.

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