After years of relentless buying, Strategy Inc., the digital-asset treasury firm led by Michael Saylor, has quietly eased its pace of Bitcoin accumulation.
In recent weeks, company filings have shown that its BTC purchases have fallen to only a few hundred coins, representing a sharp slowdown for the largest corporate holder of the flagship cryptocurrency.
During the third-quarter earnings call, Saylor explained that the slowdown was due to the firm being at an “inflection point.”
According to him:
“Our multiple-to-net asset value, MNAV, has been trending down and has been trending down over time as the Bitcoin asset class matures, as the volatility decreases.”
However, that lull may prove temporary, as the firm’s new financing channels are now in motion.
This includes a 10% euro-denominated perpetual preferred stock listed in Luxembourg and a variable-rate US issue that has just regained its $100 par value.
Together, the products could reopen the flow of capital into Strat
We współpracy z: https://cryptoslate.com/how-strategy-plans-to-kickstart-its-bitcoin-buying-internationally/
