Sygnum: Strategy Bitcoin Holdings Surpass 582,000, Potentially Influencing Central Bank Reserve Decisions
Regulated digital asset bank Sygnum has stated that Strategy is accumulating an outsized BTC position through leverage, but this approach may distort liquidity and sentiment, posing long-term risks to Bitcoin’s stability and its broader adoption by institutional allocators. This could ultimately undermine Bitcoin’s suitability as a central bank reserve asset. Analysts believe that Strategy’s holdings are approaching a critical threshold, with the company owning nearly 3% of Bitcoin’s total issuance, but accounting for a much higher proportion of the actual circulating supply.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CoinMarketCap launches MACD dashboard, supporting comparison of momentum indicators for multiple cryptocurrencies
Data: Suspected BitMine address increases holdings by 20,532 ETH
Data: 400 millions USDT transferred out from a certain exchange detected
