{"id":731551,"date":"2026-06-05T10:40:18","date_gmt":"2026-06-05T07:40:18","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/strategys-leveraged-bitcoin-model-has-faced-its-first-stress-test-grayscale\/"},"modified":"2026-06-05T10:40:18","modified_gmt":"2026-06-05T07:40:18","slug":"strategys-leveraged-bitcoin-model-has-faced-its-first-stress-test-grayscale","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/strategys-leveraged-bitcoin-model-has-faced-its-first-stress-test-grayscale\/","title":{"rendered":"Strategy\u2019s leveraged Bitcoin model has faced its first stress test: Grayscale"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9oaS1jcnlwdG8tdHJhZGluZy1iYXNpY3MtYS1iZWdpbm5lcnMtZ3VpZGUtdG8tY3J5cHRvY3VycmVuY3ktb3JkZXItdHlwZXMxLTIuanBn.jpg\" alt=\"Strategy\u2019s leveraged Bitcoin model has faced its first stress test: Grayscale\" class=\"type:primaryImage\"><\/p>\n<p>\u201cLess Bitcoin on levered DAT balance sheets and more on diversified corporate balance sheets will be a positive,\u201d said Grayscale\u2019s head of research, Zach Pandl.<\/p>\n<p>Strategy\u2019s leveraged Bitcoin model is stressed, which could limit the firm\u2019s ability to keep buying BTC and potentially force further sales, according to Grayscale.<\/p>\n<p>\u201cThe shift in <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach from one of the world\u2019s largest BTC holders has weighed on market sentiment,\u201d <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.grayscale.com\/the-stack\/the-mstr-bitcoin-sale-heard-round-the-world-and-what-s-next\"><span style=\"text-decoration: underline\">said<\/span><\/a> Zach Pandl, Grayscale\u2019s head of research, on Thursday.\u00a0<\/p>\n<p>Michael Saylor\u2019s Strategy <span style=\"text-decoration: underline\">sold 32 BTC<\/span> on Monday, a tiny fraction of its total holdings of 843,706 BTC, but enough to rattle market sentiment as the asset <span style=\"text-decoration: underline\">has tanked<\/span> by 16% since the sale.\u00a0<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/strategys-leveraged-bitcoin-model-faces-first-stress-test-grayscale?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cLess Bitcoin on levered DAT balance sheets and more on diversified corporate balance sheets will be a positive,\u201d said Grayscale\u2019s head of research, Zach Pandl. Strategy\u2019s leveraged Bitcoin model is stressed, which could limit the firm\u2019s ability to keep buying BTC and potentially force further sales, according to Grayscale. \u201cThe shift in approach from one&#8230;<\/p>\n","protected":false},"author":1,"featured_media":731552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-crypto-trading-basics-a-beginners-guide-to-cryptocurrency-order-types1-2.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-731551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/731551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=731551"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/731551\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/731552"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=731551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=731551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=731551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}