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Strategy CEO: Company Will Only Sell Bitcoin Under Specific Circumstances

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 tax 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 the related operations provide value to common shareholders. Previously, Michael Saylor indicated that the company might 'sell some Bitcoin to pay dividends' in the future, drawing market attention. As of now, Strategy holds 818,334 BTC, valued at over $66 billion. Phong Le believes that with the current average daily trading volume of Bitcoin at around $60 billion, the company's annual dividend expenditure of approximately $1 billion will not significantly impact market prices.

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