Hayes Sees Three Difficult Choices Ahead For Strategy

1h ago•

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In a retro-futuristic financial control room, an executive (Arthur Hayes) in a suit sits in front of three massive levers. His hand hesitates above the controls. Sweating, he looks back and forth at the three mechanisms with a tense expression. Behind him, a gigantic Bitcoin sits completely motionless, stuck in the gears of a machine.

Arthur Hayes believes that the Strategy stock is no longer the best way to gain exposure to bitcoin. According to the BitMEX co-founder, the removal of the premium once granted to the MSTR share weakens the financial process that allowed the company to issue shares and obtain more BTC. However, this analysis does not explain an immediate insolvency risk. It is mainly related to Strategy's ability to continue its growth without diluting its shareholders.

L’article Hayes Sees Three Difficult Choices Ahead For Strategy est apparu en premier sur Cointribune.

1h ago•

Cointribune

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