Could January See a Tactical Bounce for Crypto?

Dec 22, 2025

Discussed in today's video:

Strategy dividend risk is effectively eliminated – Strategy’s $750M equity sale was used to build U.S. dollar reserves, now covering ~32 months of interest and dividend obligations. Concerns around forced Bitcoin sales to fund preferred dividends can likely be put to rest. Crypto continues to underperform into year-end – Bitcoin and broader crypto once again lagged equities and gold, consistent with typical Santa Rally dynamics in which investors sell losers and add to winners. Flows and activity remain extremely muted – Spot volumes are low, t...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

Keep reading by starting your Free Trial today!

You’ve reached your limit of 5 free articles. Subscribe now for unlimited access!

Already have an account? Sign In

FS Insight footer logo

150 East 52nd St, 3rd Floor New York, NY 10022

SUBSCRIBE TO OUR FREE RESEARCH REPORTS

An institutional-grade report delivered to your inbox every week.

© 2025 FS Insight. All rights reserved.

Illustrations by Karl Wimer.