🚨 STRATEGY DIDN’T SELL BECAUSE #SAYLOR LOST CONVICTION.
Rating agencies need to see capital available to cover dividend obligations.
If Saylor refused to sell any #BTC , those agencies may not recognize the Bitcoin stack as usable capital.
So Strategy sold a tiny amount to prove liquidity.
They still hold 843,706 #Bitcoin .
Think of this more like financial housekeeping than a change in conviction.
$BTC
$BITCOIN
$MSTR
Rating agencies need to see capital available to cover dividend obligations.
If Saylor refused to sell any #BTC , those agencies may not recognize the Bitcoin stack as usable capital.
So Strategy sold a tiny amount to prove liquidity.
They still hold 843,706 #Bitcoin .
Think of this more like financial housekeeping than a change in conviction.
$BTC
$BITCOIN
$MSTR