Yesterday, the boss of the Bitcoin MicroStrategy stated at the Binance Blockchain Week that the company's strategy is:
If the company's stock price rises above the Bitcoin value per share, we will distribute stocks to the market for financing;
If the stock price drops below the Bitcoin value per share, we will sell Bitcoin or related derivatives to supplement cash.
Sell stocks when the price is high, sell coins when the price is low,
It's about selling whichever is more advantageous.
Currently, the mNAV displayed on the Strategy official website is 1.16, indicating that there is still some space before the company sells BTC.
This is also speculated by various media outlets currently.
BTCUSDT
Perp
85,371.1
-0.73%
MDT
0.01302
-3.26%
WIN
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