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Grayscale Has Provided the “Recipe” Needed for Bitcoin’s Recovery

source-logo  en.bitcoinsistemi.com 2 h
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Grayscale Research Head Zach Pandl said that Strategy’s 50 basis point increase in the STRC dividend next week may not be enough to restore market confidence.

According to Pandl, such an increase would raise the company’s dividend obligations by approximately $100 million over the next two years. However, this step is not expected to significantly improve investor confidence.

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Pandl stated that a more effective step to restore market confidence might be for Strategy to sell over $3 billion worth of Bitcoin. He noted that this sale would be enough to cover almost all of the cash liabilities the company will face over the next two years.

Pandl stated the following in his assessment:

“What I expect to happen for Strategy next week is a 50 basis point increase in the STRC dividend. That translates to approximately $100 million in additional dividend obligations over the next two years, and that probably won’t help market confidence. What I hope will happen is that the company sells over $3 billion worth of Bitcoin to cover almost all of its cash obligations over the next two years. That would likely restore market confidence.”

*This is not investment advice.

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