Key Insights:
CryptoQuant CEO Ki Young Ju says Strategy should pause Bitcoin purchases and rebuild liquidity as STRC dividend obligations rise and cash reserves decline.
STRC preferred shares have fallen to a roughly 17.5% discount to par, while annual dividend commitments have climbed to about $1.2 billion.
Despite holding around 847,000 BTC, Strategy faces pressure from shrinking cash reserves, unrealized Bitcoin losses, and a weakening MSTR stock price.
CryptoQuant CEO Ki Young Ju warned on June 24 that Strategy (Nasdaq: MSTR) may need to pause its Bitcoin purchases to avoid a funding collapse.
In a report to clients, CryptoQuant highlights that Strategy’s balance sheet is under strain. Annual dividend payouts on its STRC preferred stock have nearly quadrupled to $1.2 billion this year, even as the company’s U.S. dollar reserve has plunged about 38%.
That leaves Strategy with only about 14 months of runway to cover dividends, down from over seven years at the star
We współpracy z: https://www.thecoinrepublic.com/2026/06/26/strategy-should-pause-bitcoin-buys-or-risk-collapse-cryptoquant/
