Jiang Zhuoer of BTC.TOP called the week's sell-off speculation overblown, arguing Strategy's small debt and the design of its preferred shares let it keep buying. Jiang Zhuoer of BTC.TOP argued that even a drop in bitcoin’s price to $30,000 would leave Strategy with relatively low leverage and little need to sell its holdings. He said speculation that Strategy dumped about 45,000 bitcoin from a Fidelity custody wallet is likely overblown, noting the wallet also holds assets for Fideli…
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