NewsMV
$BTC — Grayscale has weighed in on Strategy's recent bitcoin sales, arguing the moves should restore confidence in the company's financing structure rather than raise alarm.
The asset manager added that the selling could help bitcoin establish a more durable price floor.
Grayscale's Read on Strategy's Sales Strategy has been selling bitcoin, a development that might ordinarily spook holders watching a major corporate accumulator reverse course.
Grayscale pushed back on that framing, contending the sales are a constructive signal about how Strategy manages its balance sheet.
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