Crypto

‘Stop Buying Bitcoin’: Strategy Needs More Cash Fast, Analyst Says as STRC Hits New Low

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In brief

  • Strategy should immediately end its Bitcoin-buying spree and focus purely on shoring up cash, according to CryptoQuant Analyst Julio Moreno.
  • He argued that the company’s lack of available cash is compounding pressure on Stretch (STRC), which fell to record lows on Wednesday.
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