Galaxy Digital Research Head Says Strategy Framework Buys Time But Ignores Structural Issues
2026-07-03 21:24

Woofun AI reports that Alex Thorn, head of research at Galaxy Digital, assessed the "Digital Credit Capital Framework" introduced by Strategy (MSTR). The plan raises STRC dividends to 12%, authorizes $1 billion buybacks for both STRC and MSTR shares, and includes provisions for Bitcoin liquidation. Thorn argues these steps secure temporary liquidity but leave $6.7 billion in convertible bonds maturing in 2027–2028 unaddressed. He cautions that selling Bitcoin may harm long-term strategy, suggesting lending or options as alternatives to share dilution.

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Tags:
MSTR
STRC
比特币
Alex Thorn
Galaxy Digital
Strategy
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