CryptoQuant is urging Strategy (formerly MicroStrategy) to hit pause on its Bitcoin buying spree. The analytics firm says the company’s dividend coverage has shrunk to worrying levels.
Strategy has been on a Bitcoin accumulation tear for months, but the math is starting to look thin. CryptoQuant’s data suggests the firm might not be able to keep funding those dividends through normal operations alone.
Meanwhile, on the broader crypto infrastructure side, CBOE is eyeing crypto perpetual futures — a move that could bring more institutional-grade trading to the space. And Chainlink is jumping into a stablecoin FX project, aiming to become the plumbing for cross-currency stablecoin swaps.
So you’ve got one signal saying “slow down on the Bitcoin buys” and another set of signals saying the infrastructure build-out continues. Classic crypto — never a dull moment.
