Strategy has put an end to the claims of Bitcoin sales! We will not sell BTC until this date!
After the recent declines, the institutional BTC bull Strategy has frequently been discussed regarding whether it will sell BTC or not.
While Strategy and its founder Michael Saylor strongly deny the claims that they will sell BTC, there was also a statement from the company's CEO.
According to this, the CEO of Strategy said that they can only sell BTC when they are forced to, that there is currently no such obligation, and that the company will hold on to its BTC at least until the year 2065.
Phong Le, the CEO of Strategy, stated that the company plans to hold its Bitcoins at least until 2065.
He expressed that the reason for this is that, despite the launch of spot Bitcoin ETFs, shares of Strategy continue to be the primary tool for investors to invest in BTC.
"Strategy does not plan to make reserve sales unless it is mandatory.
However, if we reach a point where we do not have liquidity, do not have access to US dollars, and cannot sell Bitcoin derivatives, we would sell BTC.
There is still a long time until we get there. According to the data, Strategy will not be in a position to sell BTC until the year 2065."
Le addressed claims that Strategy would be unable to meet its dividend obligations and would have to sell Bitcoin, stating that the company does not carry such a risk:
"A FUD was raised that we would not be able to meet our dividend obligations.
However, we solved this in 8.5 days and raised $1.44 billion for our 21-month dividend obligation."
While responding to claims about Bitcoin sales, Strategy CEO Le reiterated the call from Strategy founder Michael Saylor for Bitcoin.
Speaking at the Bitcoin MENA event in Abu Dhabi, Michael Saylor called on countries to adopt high-yield, Bitcoin-backed bank accounts.
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