🐻 Bear Season Concern?

TD Cowen Comments on Strategy’s 🌪️ Move

Strategy increased its cash reserves to $2.19 billion with a capital raise of $748 million💸. TD Cowen states that this move has made the company financially more resilient against a prolonged crypto 🌨️ winter.🏟️

Bitcoin treasury 🧧 company Strategy (MSTR) has taken an important step to strengthen its balance sheet. The company raised approximately $748 million through common stock sales, increasing its USD reserves to $2.19 billion.

According to investment bank TD Cowen, this move significantly enhances Strategy’s ability to sustain its operations even in a prolonged crypto winter scenario.

Fed Move and Possibility of Crypto Spring Also on the Table

The report also noted that the Federal Reserve is seeking public feedback on a proposed “payment account” model. This model could provide certain eligible institutions, including some crypto companies, with limited access to the Fed's payment infrastructure.