Strategy CEO: Will only sell Bitcoin under specific circumstances such as dividend payments or tax optimization

Odaily Odaily Planet Daily News Strategy CEO Phong Le stated that the company will only sell Bitcoin under specific circumstances, including paying STRC preferred stock's 11.5% dividend and conducting tax deferral or tax optimization arrangements.

He said the company will prioritize evaluating whether selling Bitcoin or issuing stock is more beneficial in improving the "Bitcoin per share" metric, and emphasized that BTC will only be sold if the relevant operation adds value to common shareholders. Previously, Michael Saylor had stated that the company may "sell some Bitcoin in the future to pay dividends," which drew 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)