🚨 Adam Back dismisses concerns over Strategy’s sale of 32 BTC to cover preferred stock dividends.


The Blockstream CEO says the move reflects prudent treasury management, allowing Strategy to meet investor obligations while reducing leverage, not a sign of weakening conviction in its bitcoin strategy.
Back argues the sale demonstrates Bitcoin’s utility as a corporate reserve asset rather than a bearish signal for the company’s BTC holdings.
BTC0.11%
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