Strategy CEO: Will only sell Bitcoin under specific circumstances such as dividend payments or tax optimization
Odaily Planet Daily News Strategy CEO Phong Le stated that the company will only sell Bitcoin under specific circumstances, including paying the 11.5% dividend on STRC preferred stock and conducting tax deferral or tax optimization arrangements.
He stated that the company will prioritize evaluating which method between selling Bitcoin and issuing stock is more beneficial for enhancing the "Bitcoin per share" metric, and emphasized that it will only sell BTC if the related operation has an accretive effect for common shareholders. Previously, Michael Saylor had stated that the company "may sell some Bitcoin in the future to pay dividends," which drew market attention.
To date, 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 payments of about $1 billion will not have a significant impact on market prices. (Cointelegraph)
