Sygnum: If Strategy continues to increase its holdings of BTC, it may weaken the applicability of its central bank reserve assets

Odaily Planet Daily News: Regulated digital asset bank Sygnum has stated that Strategy is accumulating excess BTC holdings through leverage, but this approach may distort liquidity and sentiment, posing long-term risks to Bitcoin's stability and wider adoption by institutional allocators, thereby weakening its suitability as a central bank reserve asset. （The Block）