Strategy could sell Bitcoin ‘to inoculate the market,’ Michael Saylor says
The story
It marks the first time that Saylor’s company has floated the idea of selling Bitcoin, parting ways with his long-held view that Bitcoin shouldn’t be sold.
From the source
Strategy executive chairman Michael Saylor said his company could sell Bitcoin to “inoculate” the market against sudden panic or to reinforce confidence in the company, in contrast to its long-standing “never sell” Bitcoin strategy.
“We’ll probably sell some Bitcoin to fund a dividend, just to inoculate the market, just to send the message that we did it,” Saylor said during the Strategy’s first-quarter earnings call on Tuesday.
Who and what
Key names and topics in this story: Strategy, Bitcoin, Michael Saylor.
Where to follow next
- Read the full piece at cointelegraph.com
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