Strategy CEO: Bitcoin Sales Only for Specific Situations

On May 10, Strategy CEO Phong Le stated that the company will only sell Bitcoin under specific circumstances, including paying an 11.5% dividend on STRC preferred shares and engaging in tax deferral or optimization arrangements. The company will prioritize evaluating whether selling Bitcoin or issuing stock is more beneficial for enhancing the ‘per share Bitcoin’ metric, emphasizing that BTC will only be sold if such actions create value for common shareholders. Previously, Michael Saylor indicated that the company might sell some Bitcoin in the future to pay dividends, which has drawn market attention. As of now, Strategy holds 818,334 BTC, valued at over $6.6 billion. Phong Le believes that with the current daily trading volume of Bitcoin at approximately $60 billion, the company’s annual dividend expenditure of about $1 billion will not significantly impact market prices.

BTC0.68%
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