QCP: Strategy’s Bitcoin Overhang Keeps BTC Capped Below $66,000

TLDR: QCP says BTC remains below $66K as Strategy’s dividend concerns weigh on price action. Strategy bought back $1.5B in 2029 notes and raised $200M via MSTR share sales for BTC. Strategy’s cash runway for dividend payments now stands at roughly 7.5 months per QCP. QCP says the overhang may lift once Strategy lengthens its [...]

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