2 hours ago
QCP Says Strategy Dividend Concerns Continue to Weigh on Bitcoin
TLDR: QCP says Strategy funding concerns continue limiting Bitcoin’s response to improving macro conditions. Strategy bought back $1.5 billion in notes and raised $200 million through MSTR share sales. The US-Iran memorandum reduced energy disruption fears and boosted equities and broader risk assets. Bitcoin remains below $66,000 as traders monitor Strategy’s dividend payment runway closely. [...]
The post QCP Says Strategy Dividend Concerns Continue to Weigh on Bitcoin appeared first on Blockonomi.
Source: Blockonomi →Related News
- 3 hours ago
Circle Launches cirBTC On Ethereum As New 1:1 Bitcoin-Backed DeFi Asset
- 3 hours ago
Kevin Warsh's first Fed meeting could be more about communication than rates
- 4 hours ago
Crypto Market Awaits Key Signals From Warsh’s First Fed Meeting
- 9 hours ago
Dow Surges Past 52,000 Milestone Amid Iran Peace Deal Optimism and Fed Rate Deci...
- 9 hours ago
Crypto News, June 17: Kevin Warsh First FOMC, Binance vs. MiCA as CZ Takes on Hy...
