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Strategy’s Bitcoin Buydown and Crypto Moves
Description
Strategy’s Bitcoin buying spree is facing scrutiny as CryptoQuant reveals a sharp drop in its dividend coverage—from seven years to just fourteen months—raising alarms about its funding model. With preferred shares weakening and cash reserves shrinking, the company’s ability to keep acquiring Bitcoin is under growing pressure. Meanwhile, CBOE is eyeing perpetual Bitcoin and Ether futures, Chainlink partners with European and Korean banks to explore faster stablecoin-based FX settlements, and Zcash miner Fortitude takes an unusual route to public markets by merging with a healthcare firm for a Nasdaq listing.
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