Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidence
Grayscale’s research head Zach Pandl said Strategy should sell $3 billion in Bitcoin to cover its cash obligations, but CryptoQuant argued the company has other ways to support STRC.
The power law model shows BTC trading at one of its deepest discounts relative to trend, a level previously seen during the March 2020 crash and FTX collapse.