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Strategy CEO sets last resort trigger for selling company Bitcoin
Summary by Financial World
1 Articles
1 Articles
Strategy CEO sets last resort trigger for selling company Bitcoin
Strategy’s chief executive, Phong Le, says the company would only part with its vast Bitcoin holdings in extreme circumstances, framing any sale as a cold financial calculation rather than a shift in faith. In an interview on the What Bitcoin Did podcast, he said that if the firm’s multiple to net asset value (mNAV) dropped below one and fresh capital dried up, selling coins would be “mathematically” justified to protect “Bitcoin yield per share…
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