Financial Times - Has Strategy lost its nerve?
Financial Times - Has Strategy lost its nerve? Despite Strategy's confidence in BTC, the company's recent financial actions (building a fiat cash reserve, buying back zero-coupon debt, and selling a small portion of its bitcoin treasury) reveal an increased focus on managing liquidity and capital structure survival over absolute token accumulation https://www.ft.com/content/a3f2bddf-b1b0-45c2-b800-401b9540a2c9
The excerpt is quoted from a public Telegram channel, which owns its text.