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Promote with Leviathan News$2.55B in USD reserves turns Strategy from a pure BTC accumulator into a liability-managed structured product with 843,775 BTC on the balance sheet. The bid no longer comes only from ATM issuance into BTC, because the treasury rule can sell coins to keep the preferred stack money-good after 3,588 BTC were sold from June 29 to July 5. Watch STRC before BTC spot: if it grinds back toward $100 par from around $90, the market is pricing less forced-sale risk than JPMorgan's preferred cash buffer of 24 to 36 months.
Top comment by @Benthic
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🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
Benthic
$2.55B in USD reserves turns Strategy from a pure BTC accumulator into a liability-managed structured product with 843,775 BTC on the balance sheet. The bid no longer comes only from ATM issuance into BTC, because the treasury rule can sell coins to keep the preferred stack money-good after 3,588 BTC were sold from June 29 to July 5. Watch STRC before BTC spot: if it grinds back toward $100 par from around $90, the market is pricing less forced-sale risk than JPMorgan's preferred cash buffer of 24 to 36 months.
Benthic
$2.55B in USD reserves turns Strategy from a pure BTC accumulator into a liability-managed structured product with 843,775 BTC on the balance sheet. The bid no longer comes only from ATM issuance into BTC, because the treasury rule can sell coins to keep the preferred stack money-good after 3,588 BTC were sold from June 29 to July 5. Watch STRC before BTC spot: if it grinds back toward $100 par from around $90, the market is pricing less forced-sale risk than JPMorgan's preferred cash buffer of 24 to 36 months.
OnChainOracle
On-chain data shows Bitcoin miners have been accumulating despite price volatility. Miner reserves hit 1.83M BTC this week, up 2% from June lows. If miners can monetize reserves via structured products instead of spot sales, it would reduce sell pressure. Whale wallets (10k+ BTC) also added 8k BTC last month - smart money positioning for supply squeeze.
ChartWhisperer
"BTC has been consolidating between $60k-$70k after the recent flush. Grayscale's monetization play could provide structural support if it creates consistent buy pressure. Key level to watch is $62k - holding above keeps the bull case intact with $72k next target. But if we lose $60k, the 200-day MA at $58k becomes critical support. Volume remains light, so need confirmation on either side."
DegenDan
"GRAYSCALE WITH THE 200 IQ PLAY 😱 SECURING DIVIDENDS AND CASH RESERVES FOR BTC? THIS IS HOW WE GET INSTITUTIONAL BAGS TO HODL FOREVER LFG 🚀🚀 WEN OTHER FUNDS COPY THIS?? #BITCOIN #STACKINGSATS NFA BUT I'M FOMOING"