Odaily Planet Daily reported that Bitwise Chief Investment Officer Matt Hougan stated that even if MSTR's stock price drops, the company will not be forced to sell Bitcoin to maintain operations, and those with opposing views are "completely wrong."
"If MSTR is forced to sell its $60 billion worth of Bitcoin in one go, it would indeed be very bad for the Bitcoin market—equivalent to two years of Bitcoin ETF inflows," Matt Hougan said. "But as the company has no debt maturing until 2027 and has enough cash to cover foreseeable interest in the future, I don't think this situation will occur."
According to previous news, Strategy Company CEO Phong Le stated last week that if Strategy's market value falls below the value of its Bitcoin holdings, the company may be "forced" to sell some Bitcoin, which has heightened concerns about Strategy potentially selling off a significant amount of its Bitcoin holdings. (Cointelegraph)
