5 Reasons Corporations Should Sell Bitcoin
Summary
While the "HODL" philosophy is popular in the Bitcoin community, corporations holding Bitcoin must prioritize shareholder value, which can necessitate strategic sales. Key justifications for selling include increasing Bitcoin-per-share through buybacks, optimizing capital costs by creating cash reserves, realizing tax losses for benefits, dispelling market myths, and repurchasing preferred stock at discounts. Ultimately, viewing Bitcoin as flexible capital allows firms to exercise optionality that benefits their long-term financial health.
(Source:Bitcoin Magazine)