Strategy CEO Phong Le highlights Bitcoin’s value for selective sales
Crypto Briefing
CEO Phong Le introduced a new framework allowing Strategy to sell Bitcoin strategically to maximize value for shareholders.Summary
Strategy CEO Phong Le has shifted the company’s long-standing "buy and hold" Bitcoin strategy by introducing a formal framework for selective sales. Centered on the "Bitcoin Per Share" (BPS) metric, the company will evaluate sales based on whether they enhance shareholder value. A key provision allows for Bitcoin sales to fund dividends if the company’s stock trades below its net asset value, moving the firm toward a data-driven approach that prioritizes mathematical outcomes over previous "never sell" ideologies. Despite this change, the company remains a massive Bitcoin holder, maintaining its $44 billion capital management plan.
(Source：Crypto Briefing)