Strategy CEO: Will Only Sell Bitcoin Under Specific Conditions Such as Dividend Payments or Tax Optimization

Odaily Odaily reports that Strategy CEO Phong Le stated the company will only sell Bitcoin under specific circumstances, including paying the 11.5% dividend on STRC preferred shares and for tax deferral or tax optimization arrangements.

He mentioned that the company will prioritize evaluating whether selling Bitcoin or issuing stock is more beneficial for improving the "Bitcoin per share" metric, emphasizing that BTC will only be sold if the corresponding operation is accretive to common shareholders. Previously, Michael Saylor stated 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 given Bitcoin's current average daily trading volume of approximately $60 billion, the company's annual dividend expenditure of around $1 billion will not cause a significant impact on market prices. (Cointelegraph)