President #Strategy : We will not sell #البيتكوين unless the company's stock falls below the net asset value.

Fong Li, the CEO of Strategy, stated that the company would not resort to selling #Bitcoin unless its stock falls below net asset value and it loses the ability to secure new financing.

He explained, in the What Bitcoin Did program, that this option is a necessary step to protect the return of #BTC per share, and not a change in the company's policy.

The company relies on raising capital when the stock trades at a premium over net asset value, and then uses it to increase its holdings of #بيتكوين . However, when this premium disappears, selling part of the holdings may become necessary to meet obligations instead of issuing new shares that could lead to further dilution for shareholders.

Strategy faces annual commitments ranging between 750 and 800 million dollars due to new issuances of preferred stock. He assures me that the company plans to cover these payments through the financing it raises during periods when the stock trades at high levels.

He defended his long-term vision for Bitcoin as a rare, non-sovereign asset with global appeal, pointing out that its popularity extends across multiple countries.

Source: Co,intele,graph.
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