Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidence
CoinTelegraph·
60-second summary
Grayscale's research head Zach Pandl advocates selling $3 billion in Bitcoin to cover Strategy fund's cash obligations, aiming to restore investor confidence. However, CryptoQuant counters that Grayscale has alternative means to support STRC, potentially mitigating the need for such drastic measures. This internal debate highlights the fund's liquidity concerns and market volatility implications.
Grayscale's research head Zach Pandl said Strategy should sell $3 billion in Bitcoin to cover its cash obligations, but CryptoQuant argued the company has other ways to support STRC.