Woofun AI reports that CryptoQuant founder Ki Young Ju has advised Strategy to suspend its Bitcoin purchasing strategy, characterizing current buy-ins as a "liquidity absorber" rather than a catalyst for price appreciation. Ju highlighted that despite a $467 billion increase in Bitcoin's market capitalization over the past two years, the asset's price has declined by 1%, suggesting that substantial capital inflows have primarily facilitated chip transfers without generating upward momentum. In an environment marked by distinct selling pressure, continuous accumulation by Strategy may merely sustain the current trading range instead of driving genuine gains.

Ju recommended that Strategy pause acquisitions until cash reserves and dividend coverage capabilities are restored. He proposed implementing a systematic, model-driven buying framework to prevent the perception of consistently purchasing at local highs.

Additionally, he suggested establishing a disciplined selling mechanism during the next bull market to reduce leverage, realize shareholder value through partial profit-taking, and accumulate "dry powder" for future downturns. Ju noted that the current cycle differs from previous ones due to nearly two years of sideways movement, lacking both a strong bull market and sufficient panic selling to clear weak hands, implying that a more thorough market clearing may be necessary for a healthier rebound.