Strategy CEO: Will Only Sell Bitcoin in Specific Cases Such as Paying Dividends or Tax Optimization

Odaily reported that Strategy CEO Phong Le stated the company will only sell Bitcoin under specific circumstances, including paying the 11.5% dividend on STRC preferred shares as well as conducting tax deferral or tax optimization arrangements.

He indicated that the company would prioritize assessing which approach—selling Bitcoin or issuing stock—would better enhance the "Bitcoin per share" metric, emphasizing that BTC will only be sold if the transaction brings added value to common shareholders. Previously, Michael Saylor mentioned the company might "sell some Bitcoin in the future to pay dividends," drawing market attention.

As of now, Strategy holds 818,334 BTC, valued at over $66 billion. Phong Le believes that, considering Bitcoin's current average daily trading volume of about $60 billion, the company's approximately $1 billion in annual dividend payouts would not have a significant impact on market prices. (Cointelegraph)