Strategy still hasn’t sold everything? VanEck reveals an important detail the market overlooked!
🐋 Many people think that when Strategy recently sold Bitcoin,
it means its "coin-selling quota" has started to be used up.
But Matthew Sigel, Head of Digital Asset Research at VanEck, has a different view.👀
He believes the market may have misread this sale.
The reason is simple👇
This time, Strategy sold Bitcoin
primarily to pay preferred stock dividends,
and to top up part of its USD reserves.
And the previously announced $1.25 billion Bitcoin monetization plan
is meant for a separate funding arrangement.📄
In other words, the Bitcoin being sold this time
will not consume the allocation under that $1.25 billion plan.⚠️
This also means that, going forward,
Strategy theoretically still has more room to sell Bitcoin than the market expects.
However, having greater selling capacity
doesn’t necessarily mean it will continue to sell.🤔
For the market, what truly matters is:
📌 Will the company continue to sell Bitcoin in the future?
📌 Are these moves for everyday cash management,
or for strategic adjustments?
📌 Could they bring new effects to market sentiment?
Every action Strategy takes
almost always becomes the focus of market attention.
Because it not only affects its own asset allocation,
it also influences how investors judge the institutional sector’s fund flows.📊
Click the profile picture to follow me—so you can get insights into crypto-ecosystem hot topics, market developments, and the latest industry news first.🚀
#StrategicEarning #比特币 #VanEck #BTC #Web3
🐋 Many people think that when Strategy recently sold Bitcoin,
it means its "coin-selling quota" has started to be used up.
But Matthew Sigel, Head of Digital Asset Research at VanEck, has a different view.👀
He believes the market may have misread this sale.
The reason is simple👇
This time, Strategy sold Bitcoin
primarily to pay preferred stock dividends,
and to top up part of its USD reserves.
And the previously announced $1.25 billion Bitcoin monetization plan
is meant for a separate funding arrangement.📄
In other words, the Bitcoin being sold this time
will not consume the allocation under that $1.25 billion plan.⚠️
This also means that, going forward,
Strategy theoretically still has more room to sell Bitcoin than the market expects.
However, having greater selling capacity
doesn’t necessarily mean it will continue to sell.🤔
For the market, what truly matters is:
📌 Will the company continue to sell Bitcoin in the future?
📌 Are these moves for everyday cash management,
or for strategic adjustments?
📌 Could they bring new effects to market sentiment?
Every action Strategy takes
almost always becomes the focus of market attention.
Because it not only affects its own asset allocation,
it also influences how investors judge the institutional sector’s fund flows.📊
Click the profile picture to follow me—so you can get insights into crypto-ecosystem hot topics, market developments, and the latest industry news first.🚀
#StrategicEarning #比特币 #VanEck #BTC #Web3