Michael Saylor stated that Strategy is considering selling a portion of their Bitcoin to pay dividends to shareholders
- In the Q1 shareholder meeting, Saylor mentioned that the company might proactively sell $BTC to demonstrate its ability to pay dividends rather than waiting for market skepticism
- Strategy currently holds approximately 818.334 BTC with an average cost basis of around $75.5K/BTC and has an unrealized profit of about $5B
- The company just reported a net loss of approximately -$12.54B in Q1 and currently has a dividend obligation of around $1.5B each year
- CEO Phong Le stated that Strategy is ready to sell $BTC or restructure debt if it helps increase the value of #Bitcoin per share and benefits shareholders
- Saylor described Strategy's operating model as borrowing capital to buy #Bitcoin, waiting for $BTC to appreciate over time, then selling a portion to cover dividends and capital costs
- Strategy's long-term goal remains to end each quarter with a larger Bitcoin holding than the previous quarter
- In the Q1 shareholder meeting, Saylor mentioned that the company might proactively sell $BTC to demonstrate its ability to pay dividends rather than waiting for market skepticism
- Strategy currently holds approximately 818.334 BTC with an average cost basis of around $75.5K/BTC and has an unrealized profit of about $5B
- The company just reported a net loss of approximately -$12.54B in Q1 and currently has a dividend obligation of around $1.5B each year
- CEO Phong Le stated that Strategy is ready to sell $BTC or restructure debt if it helps increase the value of #Bitcoin per share and benefits shareholders
- Saylor described Strategy's operating model as borrowing capital to buy #Bitcoin, waiting for $BTC to appreciate over time, then selling a portion to cover dividends and capital costs
- Strategy's long-term goal remains to end each quarter with a larger Bitcoin holding than the previous quarter