【Coin World】Michael Saylor recently revealed an interesting trend. MicroStrategy may break the norm this time—they are considering selling a portion of their Bitcoin at a price below 1x mNAV. What's the purpose? To pay dividends on their perpetual preferred stock. What does this operation indicate? Even steadfast Bitcoin holders have to make some trade-offs in the face of financing pressure. That said, being able to use BTC to meet funding needs itself reflects another form of flexibility.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
6
Repost
Share
Comment
0/400
WenMoon
· 2h ago
Oh dear, Saylor is really forced into a corner, selling coins at a discount to pay dividends...
To be honest, it’s a bit heartbreaking, but I can understand, the financing pressure is there.
Speaking of which, if this leads to serious dumping, the retail investors will suffer again...
View OriginalReply0
consensus_failure
· 2h ago
Selling coins to pay dividends? Saylor still has to bow down, no matter how strong the belief, it can't compete with cash flow.
View OriginalReply0
TokenomicsPolice
· 2h ago
Selling coins to pay interest? Saylor is a bit anxious this time, I thought he could hodl until the end.
View OriginalReply0
LucidSleepwalker
· 2h ago
Selling coins to pay dividends? Is Saylor being forced or is this a clever Arbitrage? It's a bit unclear.
View OriginalReply0
RealYieldWizard
· 2h ago
Haha, selling coins at a discount to pay dividends, this trap is truly something else.
View OriginalReply0
SocialFiQueen
· 2h ago
Selling coins at a discount to pay dividends? Saylor's move is quite interesting, where are the promised hodlers?
Saylor reveals new direction: MicroStrategy may sell coins at a discount to pay dividends
【Coin World】Michael Saylor recently revealed an interesting trend. MicroStrategy may break the norm this time—they are considering selling a portion of their Bitcoin at a price below 1x mNAV. What's the purpose? To pay dividends on their perpetual preferred stock. What does this operation indicate? Even steadfast Bitcoin holders have to make some trade-offs in the face of financing pressure. That said, being able to use BTC to meet funding needs itself reflects another form of flexibility.