Odaily News Strategy CEO Phong Le stated in a recent interview that the company would only consider selling Bitcoin if its stock price falls below its net asset value and it is unable to obtain new funding. However, he emphasized that this is not a shift in its long-term policy or an active selling plan, but rather a “financial decision” that would only be taken in extreme market conditions and deteriorating capital environments. Strategy has released a new “BTC Credit” dashboard this month in response to recent market concerns regarding its liabilities and liquidity. The company claims that even with Bitcoin prices remaining low for an extended period, its debt structure and cash flow coverage remain robust. (Cointelegraph)
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Strategy CEO: We will only consider selling Bitcoin when the company's stock price falls below its net asset value and cannot obtain new funding.
Odaily News Strategy CEO Phong Le stated in a recent interview that the company would only consider selling Bitcoin if its stock price falls below its net asset value and it is unable to obtain new funding. However, he emphasized that this is not a shift in its long-term policy or an active selling plan, but rather a “financial decision” that would only be taken in extreme market conditions and deteriorating capital environments. Strategy has released a new “BTC Credit” dashboard this month in response to recent market concerns regarding its liabilities and liquidity. The company claims that even with Bitcoin prices remaining low for an extended period, its debt structure and cash flow coverage remain robust. (Cointelegraph)