MicroStrategy Reveals It Will Sell Bitcoin Under These Conditions
BeInCrypto
MicroStrategy CEO Phong Le clarified that the company will only sell Bitcoin under specific conditions that are accretive to shareholders or for tax purposes.Summary
MicroStrategy CEO Phong Le has confirmed that the company may sell its Bitcoin holdings, but only under specific, pragmatic conditions. Moving away from a strict 'never sell' policy, the firm will consider selling Bitcoin to pay dividends if the transaction is accretive to shareholders—specifically when the company's book value is trading below its market value. Additionally, sales may occur for tax management purposes. Le emphasized that these potential moves are data-driven rather than ideological, and noted that such sales would have a negligible impact on Bitcoin's daily market liquidity.
(Source：BeInCrypto)