Michael Saylor says Strategy would buy ’10 to 20′ bitcoin for every one it sells: report
The Block
Michael Saylor stated that Strategy intends to remain a net accumulator of bitcoin, purchasing 10 to 20 coins for every one sold.Summary
Michael Saylor, Chairman of Strategy, clarified that while the firm may sell portions of its bitcoin holdings to fund dividends for its STRC perpetual preferred stock program, it will remain a net buyer. Saylor emphasized that the company aims to purchase 10 to 20 bitcoins for every single one sold to ensure consistent growth in its total reserves. CEO Phong Le added that such sales would only occur if they are mathematically more accretive to shareholders than issuing new equity, while also highlighting the company’s ongoing success and AI integration within its software business.
(Source：The Block)