Bitwise CIO: Bitcoin Strategy's Market Role Has Fundamentally Shifted to Flexible Trading

BTC2.05%
According to Bitwise Chief Investment Officer Matt Hougan, Strategy's role in the Bitcoin market has fundamentally shifted. For years, Strategy served as one of the largest Bitcoin buyers globally, consistently providing bid support. However, this one-way accumulation phase has likely ended. Going forward, Strategy will trade Bitcoin flexibly based on market conditions but will not engage in large-scale selling. The current mechanism does not force Strategy to sell billions of dollars in Bitcoin annually.
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