Grayscale Research Head Says Saylor’s Strategy Faces a $1.5 Billion Cash-Flow Trap, Not a Bitcoin One
Key Takeaways Strategy owes about $1.5 billion in yearly preferred dividends against roughly $477 million in 2025 revenue. Saylor’s firm sold 32 BTC for $2.5 million in May, its first bitcoin sale since 2022, to […]
