6.6 Investments 灰度研究主管建议Strategy出售超30亿美元比特币以覆盖现金义务，因分红提升难以改善投资者信心。
灰度（Grayscale）研究主管Zach Pandl表示，作为全球最大企业比特币持有者，Strategy可通过出售价值超30亿美元的比特币来覆盖未来两年的现金义务，从而恢复市场信心。Pandl指出，计划将STRC分红提高50个基点将在两年内增加约1亿美元的义务，但这可能难以有效改善投资者情绪。 最新文件显示，Strategy以3490万美元购入520枚比特币，并将美元储备增加3亿美元至14亿美元，目前仅能覆盖约14个月的分红，较此前可覆盖七年的缓冲大幅减少。部分分析师认为，出售比特币并非唯一选择，提高分红收益率或采用其他机制也可支持STRC。 然而，Pandl坚持认为，大规模出售比特币是解决公司财务缺口、恢复资本结构信心的最有效方式。
FINANCE FEEDS: Strategy Could Sell $3 Billion in Bitcoin to Meet a Dividend Bill
Grayscale’s Pandl: Strategy Selling Over $3B in Bitcoin Could Be the Confidence Catalyst the Market Needs
Grayscale Wants Strategy to Dump $3 Billion in Bitcoin — CryptoQuant Says Not So Fast
Grayscale Has Provided the “Recipe” Needed for Bitcoin’s Recovery
Grayscale’s Pandl hopes Strategy sells $3B in Bitcoin to restore confidence
Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidence
Zach Pandl: Strategy Selling Over $3 Billion in Bitcoin Could Better Restore Confidence
Grayscale research head says Strategy could restore market confidence by selling $3B in BTC
