Strategy's Michael Saylor says selling bitcoin to fund dividends is 'inconsequential'
CoinDesk
Michael Saylor clarifies that selling bitcoin to fund dividends is economically insignificant and part of a broader, calculated capital markets strategy.Summary
In a discussion with CoinDesk, Strategy executive chairman Michael Saylor addressed investor concerns regarding the potential sale of company-held bitcoin to fund dividends. Saylor dismissed the move as a "nothing burger," explaining that the volume of bitcoin involved is statistically insignificant compared to the company's total holdings and market liquidity. He emphasized that the company prioritizes accretive trades that increase bitcoin per share, leveraging market premiums rather than simple market timing. Additionally, Saylor defended the company's "Stretch" (STRC) perpetual preferred stock as a robust, flexible financial instrument designed to provide long-term stability and liquidity in the capital markets.
(Source：CoinDesk)