Strategy won’t be forced to sell Bitcoin if stock drops, Bitwise CIO says

Strategy has $1.4 billion in cash, no debt due until 2027, and Bitcoin’s price is above the company’s cost basis, making a sale unlikely, argues Matt Hougan.

Strategy has $1.4 billion in cash, no debt due until 2027, and Bitcoin’s price is above the company’s cost basis, making a sale unlikely, argues Matt Hougan.

Meta is reportedly cooling on the metaverse with planned 30% cuts in its virtual reality research department, Reality Labs, which shareholders seemingly support.


