CryptoQuant

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Illustration of a stressed executive facing cash strain amid crashing Bitcoin and STRC stock charts.
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Strategy urged to pause Bitcoin buys over cash strain

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CryptoQuant has called on Strategy to halt its Bitcoin purchases and rebuild cash reserves after its preferred stock STRC hit a record discount. The move follows a sharp drop in dividend coverage and recent share sales to shore up liquidity.

Activity on the Bitcoin network has surged even as the cryptocurrency's price has fallen nearly 50 percent below its peak, according to CryptoQuant. The increase in network use does not appear to be tied to movements in Bitcoin's value.

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Bitcoin's blockchain shows its strongest activity since late 2024, driven by a surge in small transactions even as the price remains under pressure.

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