Grayscale says Strategy’s $3B BTC sale could calm markets

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Grayscale says Strategy’s $3B BTC sale could calm markets

cryptonews06-28 15:37

Grayscale Research Head Zach Pandl has put Strategy’s Bitcoin treasury under fresh review. His comments focus on whether a larger BTC sale could ease investor concern better than another increase in ...

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FlyingArrowz
·06-28 16:35
Preferred stock will calm and mstr will fall to $60 and bitcoin will fall to 45k if he sell 3b coins ?
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His comments focus on whether a larger BTC sale could ease investor concern better than another increase in ...</p>\n\n<a href=\"https://crypto.news/grayscale-says-strategys-3b-btc-sale-could-calm-markets/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grayscale says Strategy’s $3B BTC sale could calm markets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrayscale says Strategy’s $3B BTC sale could calm markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-28 15:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/grayscale-says-strategys-3b-btc-sale-could-calm-markets/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grayscale Research Head Zach Pandl has put Strategy’s Bitcoin treasury under fresh review. His comments focus on whether a larger BTC sale could ease investor concern better than another increase in ...</p>\n\n<a href=\"https://crypto.news/grayscale-says-strategys-3b-btc-sale-could-calm-markets/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BCCC","symbol_name":"Global X Bitcoin Covered Call ETF","start_time":0,"source_url":"https://crypto.news/grayscale-says-strategys-3b-btc-sale-could-calm-markets/","article_id":"2646694314","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/grayscale-says-strategys-3b-btc-sale-could-calm-markets/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2646694314","pubTimestamp":1782632233,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Grayscale Research Head Zach Pandl has put Strategy’s Bitcoin treasury under fresh review. 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His comments focus on whether a larger BTC sale could ease investor concern better than another increase in STRC dividends.\n\n\nSummary\n\n\n\nPandl says a larger Bitcoin sale could clear doubts around Strategy’s cash obligations and dividends.\nSTRC trading below $100 keeps pressure on Strategy’s preferred stock model and future funding choices.\nCrypto.news reports tied Strategy’s small BTC sale to wider concerns about leverage and liquidity risk.\n\n\n\nPandl said Strategy raising the STRC dividend by 50 basis points next week would add about $100 million in dividend obligations over the next two years. He said that move “would likely not restore market confidence” because it would not remove the question around future cash needs.\nHe argued that selling more than $3 billion in BTC could be more effective. In his view, such a sale could cover nearly all cash obligations over the next two years and give investors a clearer view of how Strategy plans to manage its preferred stock costs.\n\nGrayscale Research Head: Strategy Selling Over $3B in BTC Could Help Restore Market ConfidenceGrayscale Research Head Zach Pandl said Strategy raising the STRC dividend by 50 basis points next week would add about $100 million in dividend obligations over the next two years and… pic.twitter.com/oB1EdoYjCs— Wu Blockchain (@WuBlockchain) June 28, 2026\n\nStrategy, formerly known as MicroStrategy, remains the largest corporate Bitcoin holder. The company built its public market identity around buying and holding BTC, while using equity, debt and preferred shares to fund the strategy.\nSTRC keeps pressure on the treasury model\nThe debate centers on STRC, Strategy’s variable-rate preferred stock. The company designed the product to trade near $100, and it currently pays an 11.5% annual dividend. Still, STRC has traded below its target level during recent market stress.\nAs crypto.news reported earlier, Strategy sold 32 BTC for about $2.5 million between May 26 and May 31. The sale was small compared with its Bitcoin treasury, but it drew attention because it was the company’s first reported BTC sale since December 2022.\nThat sale also changed how investors view the company’s funding model. Strategy had long acted as a steady Bitcoin buyer. Even a small sale raised doubts about whether the firm may need to sell more BTC if preferred stock costs keep rising.\nCrypto.news also reported that STRC later fell as low as $82.50, while its effective yield moved near 13.2%. A higher yield can show that investors want more return to hold the stock.\nCash runway becomes the key question\nCryptoQuant has estimated that Strategy’s annualized dividend obligations tied to STRC reached about $1.2 billion. The firm also estimated that dividend coverage fell to roughly 14 months as cash reserves declined during 2026.\nThose figures explain why Pandl’s $3 billion sale idea has attracted attention. A planned BTC sale could raise cash before pressure grows. It could also show that Strategy can meet fixed obligations without depending only on new share sales or a higher Bitcoin price.\nRecent market reports said Strategy later bought 520 BTC for about $34.9 million, bringing total holdings to 847,363 BTC. The company also raised cash reserves by about $300 million, which showed it had not stopped using capital markets to support both Bitcoin holdings and dividend needs.\nFor investors, the next focus is STRC’s price against the $100 level. If the preferred stock stays below that mark, Strategy may face more pressure to adjust payouts, raise cash or sell Bitcoin in a more planned way.\n\n\n\n\n\n                Read more:\n            \nCoinbase, OKX chase Binance users as MiCA deadline bites","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[{"id":580016686539152,"gmtCreate":1782635737012,"gmtModify":1782637778617,"author":{"id":"3583395706599038","authorId":"3583395706599038","name":"FlyingArrowz","avatar":"https://static.tigerbbs.com/0b713601242c1dd7d75d4de15f85a80d","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":12,"crmLevelSwitch":1,"wearingBadges":[],"idStr":"3583395706599038","authorIdStr":"3583395706599038"},"htmlText":"Preferred stock will calm and mstr will fall to $60 and bitcoin will fall to 45k if he sell 3b coins ?","listText":"Preferred stock will calm and mstr will fall to $60 and bitcoin will fall to 45k if he sell 3b coins ?","text":"Preferred stock will calm and mstr will fall to $60 and bitcoin will fall to 45k if he sell 3b coins ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/580016686539152","repostId":2646694314,"repostType":2,"repost":{"id":"2646694314","kind":"highlight","pubTimestamp":1782632233,"share":"https://ttm.financial/m/news/2646694314?lang=en_US&edition=fundamental","pubTime":"2026-06-28 15:37","market":"other","language":"en","title":"Grayscale says Strategy’s $3B BTC sale could calm markets","url":"https://stock-news.laohu8.com/highlight/detail?id=2646694314","media":"cryptonews","summary":"Grayscale Research Head Zach Pandl has put Strategy’s Bitcoin treasury under fresh review. His comments focus on whether a larger BTC sale could ease investor concern better than another increase in STRC dividends.Pandl says a larger Bitcoin sale could clear doubts around Strategy’s cash obligations and dividends.STRC trading below $100 keeps pressure on Strategy’s preferred stock model and future funding choices.Crypto.news reports tied Strategy’s small BTC sale to wider concerns about leverage and liquidity risk.Pandl said Strategy raising the STRC dividend by 50 basis points next week would add about $100 million in dividend obligations over the next two years. He said that move “would likely not restore market confidence” because it would not remove the question around future cash needs.The debate centers on STRC, Strategy’s variable-rate preferred stock. The company designed the product to trade near $100, and it currently pays an 11.5% annual dividend. Still, STRC has traded belo","content":"<div>\n<p>Grayscale Research Head Zach Pandl has put Strategy’s Bitcoin treasury under fresh review. His comments focus on whether a larger BTC sale could ease investor concern better than another increase in ...</p>\n\n<a href=\"https://crypto.news/grayscale-says-strategys-3b-btc-sale-could-calm-markets/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grayscale says Strategy’s $3B BTC sale could calm markets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrayscale says Strategy’s $3B BTC sale could calm markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-28 15:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/grayscale-says-strategys-3b-btc-sale-could-calm-markets/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grayscale Research Head Zach Pandl has put Strategy’s Bitcoin treasury under fresh review. His comments focus on whether a larger BTC sale could ease investor concern better than another increase in ...</p>\n\n<a href=\"https://crypto.news/grayscale-says-strategys-3b-btc-sale-could-calm-markets/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BCCC":"Global X Bitcoin Covered Call ETF","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","FBTC":"比特币ETF-Fidelity","YBTC":"比特币看涨期权ETF-Roundhill","HODL":"比特币ETF-VanEck","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April","APED":"STKd 100% MSTR & 100% COIN ETF","BETE":"等权重比特币&以太币期货ETF-ProShares","IMST":"MSTR期权收益策略ETF-Bitwise","BETH":"比特币&以太币期货ETF-ProShares","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","XBTY":"GraniteShares YieldBOOST Bitcoin ETF","STRC":"MicroStrategy Inc. 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His comments focus on whether a larger BTC sale could ease investor concern better than another increase in STRC dividends.\n\n\nSummary\n\n\n\nPandl says a larger Bitcoin sale could clear doubts around Strategy’s cash obligations and dividends.\nSTRC trading below $100 keeps pressure on Strategy’s preferred stock model and future funding choices.\nCrypto.news reports tied Strategy’s small BTC sale to wider concerns about leverage and liquidity risk.\n\n\n\nPandl said Strategy raising the STRC dividend by 50 basis points next week would add about $100 million in dividend obligations over the next two years. He said that move “would likely not restore market confidence” because it would not remove the question around future cash needs.\nHe argued that selling more than $3 billion in BTC could be more effective. In his view, such a sale could cover nearly all cash obligations over the next two years and give investors a clearer view of how Strategy plans to manage its preferred stock costs.\n\nGrayscale Research Head: Strategy Selling Over $3B in BTC Could Help Restore Market ConfidenceGrayscale Research Head Zach Pandl said Strategy raising the STRC dividend by 50 basis points next week would add about $100 million in dividend obligations over the next two years and… pic.twitter.com/oB1EdoYjCs— Wu Blockchain (@WuBlockchain) June 28, 2026\n\nStrategy, formerly known as MicroStrategy, remains the largest corporate Bitcoin holder. The company built its public market identity around buying and holding BTC, while using equity, debt and preferred shares to fund the strategy.\nSTRC keeps pressure on the treasury model\nThe debate centers on STRC, Strategy’s variable-rate preferred stock. The company designed the product to trade near $100, and it currently pays an 11.5% annual dividend. Still, STRC has traded below its target level during recent market stress.\nAs crypto.news reported earlier, Strategy sold 32 BTC for about $2.5 million between May 26 and May 31. The sale was small compared with its Bitcoin treasury, but it drew attention because it was the company’s first reported BTC sale since December 2022.\nThat sale also changed how investors view the company’s funding model. Strategy had long acted as a steady Bitcoin buyer. Even a small sale raised doubts about whether the firm may need to sell more BTC if preferred stock costs keep rising.\nCrypto.news also reported that STRC later fell as low as $82.50, while its effective yield moved near 13.2%. A higher yield can show that investors want more return to hold the stock.\nCash runway becomes the key question\nCryptoQuant has estimated that Strategy’s annualized dividend obligations tied to STRC reached about $1.2 billion. The firm also estimated that dividend coverage fell to roughly 14 months as cash reserves declined during 2026.\nThose figures explain why Pandl’s $3 billion sale idea has attracted attention. A planned BTC sale could raise cash before pressure grows. It could also show that Strategy can meet fixed obligations without depending only on new share sales or a higher Bitcoin price.\nRecent market reports said Strategy later bought 520 BTC for about $34.9 million, bringing total holdings to 847,363 BTC. The company also raised cash reserves by about $300 million, which showed it had not stopped using capital markets to support both Bitcoin holdings and dividend needs.\nFor investors, the next focus is STRC’s price against the $100 level. If the preferred stock stays below that mark, Strategy may face more pressure to adjust payouts, raise cash or sell Bitcoin in a more planned way.\n\n\n\n\n\n                Read more:\n            \nCoinbase, OKX chase Binance users as MiCA deadline bites","news_type":1,"symbols_score_info":{"BTCL":0.6,"MSTZ":0.6,"MSTR":1.96,"IBIT":0.6,"CBTO":0.6,"07799":0.6,"SMI3.UK":0.6,"BFAP":0.6,"BAGY":0.6,"MSDD":0.6,"MSTX":0.6,"CBTJ":0.6,"BITB":0.6,"YBTC":0.6,"WNTR":0.6,"SMST":0.6,"3SMI.UK":0.6,"CBOY":0.6,"QBF":0.6,"BTCO":0.6,"ARKB":0.6,"09399":0.6,"BTFX":0.6,"MSTW":0.6,"CBXJ":0.6,"MSTU":0.6,"CBTA":0.6,"BITO":0.6,"STRC":1.91,"MNRS":0.6,"CBOA":0.6,"XBTY":0.6,"BCCC":0.6,"BTF":0.6,"CBXO":0.6,"EZBC":0.6,"CBTY":0.6,"07399":0.6,"CBXY":0.6,"BTCW":0.6,"BITI":0.6,"BITY":0.6,"BTCI":0.6,"MSST":0.6,"DFII":0.6,"CBOO":0.6,"IMST":0.6,"APED":0.6,"MSTY":0.6,"SBIT":0.6,"BITU":0.6,"LMI3.UK":0.6,"BETH":0.6,"BITX":0.6,"MSOO":0.6,"HODL":0.6,"MAXI":0.6,"CBXA":0.6,"MSTK":0.6,"DEFI":0.6,"3LMI.UK":0.6,"BRRR":0.6,"GBTC":0.6,"FBTC":0.6,"BTCZ":0.6,"MSTY.UK":0.6,"BTC":1.92,"BETE":0.6,"MSTP":0.6,"BTRN":0.6,"MSII":0.6,"MTYY":0.6,"BPI":0.6,"BTCC":0.6,"CBOJ":0.6,"BFJL":0.6,"09799":0.6,"MST":0.6}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}