6 days ago

Strategy CEO Phong Le Reveals the Only Conditions Under Which the Company Will Sell Bitcoin

TLDR: Strategy will only sell Bitcoin to fund its 11.5% STRC preferred stock dividend or for tax optimization purposes. CEO Phong Le says any Bitcoin sale must be accretive, meaning it must grow the Bitcoin per Share metric. Strategy holds 818,334 BTC worth over $66 billion, making it the largest public Bitcoin treasury firm. Daily [...]

The post Strategy CEO Phong Le Reveals the Only Conditions Under Which the Company Will Sell Bitcoin appeared first on Blockonomi.

Source: Blockonomi →