Michael Saylor should halt Bitcoin purchases and rebuild Strategy‘s liquidity reserves, according to a report published by onchain analytics firm CryptoQuant. The company’s perpetual preferred stock, known as STRC, is showing clear signs of financial stress. Last week it fell to an all-time low of $82.5, a 17.5% discount to its $100 par value. CryptoQuant’s diagnosis points to two simultaneous issues.
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