Grayscale Research Head: Strategy Should Sell Over $3 Billion in BTC to Cover Cash Obligations

CoinFeed June 28 news, Grayscale Research Head Zach Pandl said on X platform that rather than raising the STRC preferred stock dividend rate by 50 basis points, it would be better to sell over $3 billion in Bitcoin to cover almost all cash obligations for the next 2 years, which could restore market confidence.