CryptoQuant Analyst Urges Strategy to Halt Bitcoin Purchases Amid STRC Decline
A CryptoQuant analyst advises Strategy to stop buying Bitcoin and focus on cash reserves as its stock, STRC, hits new lows. The recommendation comes as Strategy faces financial pressures and recent declines in both its stock and Bitcoin's value, reported by Decrypt.
On June 24, 2026, Strategy's stock (STRC) fell to a new record low of $79.85, prompting calls for the Bitcoin-buying firm to halt its acquisition of Bitcoin. Analyst Julio Moreno from CryptoQuant argues that Strategy must prioritize building its cash reserves instead of continuing its Bitcoin purchasing spree, which has only exacerbated its financial situation.
Currently, the company's $2.2 billion reserve aimed at managing debts and dividend payments is depleting quickly, leaving it vulnerable as costs associated with its preferred stocks increase. Following the performance of Bitcoin, which has dipped by approximately 4% on the same day to around $59,175 before rebounding slightly, confidence in STRC's sustainability has waned.
According to Moreno, the situation calls for an urgent rebuild of Strategy's USD Reserve to ensure at least 24 months of dividend payments. He suggests that ending the Bitcoin-buying strategy is the only viable path forward to alleviate the financial pressure on STRC.
While there is speculation that Strategy may increase its dividend for the eighth time in an effort to boost STRC's price back to its intended par value of $100, analysts remain skeptical. The firm's future seems closely tied to its cash management, a sentiment reflected in recent analyst notes from JPMorgan, which highlighted similar concerns regarding Strategy's dependency on cash flow.
Moving forward, it remains to be seen how Strategy will adjust its expenditure and whether these measures will ensure the stability of STRC and restore investor confidence as scrutiny around its financial practices intensifies.
Summary based on original reporting by André Beganski at Decrypt, originally published Jun 24, 2026. SolanaWire does not republish source content.
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