According to Cointelegraph, Strategy CEO Phong Le recently stated publicly that the company will only consider selling Bitcoin if its mNAV falls below 1 and it cannot obtain new funds through financing—calling it a "last resort." Phong Le emphasized that this is not a long-term policy shift or a proactive sell-off plan, but rather a "financial decision" to be made only in the event of extreme market and deteriorating capital conditions.

Strategy released a new "BTC Credit" dashboard this month in response to recent market concerns about its debt and liquidity. The company stated that even with a prolonged period of low Bitcoin prices, its debt structure and cash flow coverage remain robust.

[PANews]

Strategy stated that selling Bitcoin would only be a "last resort" if the mNAV (net asset value of Bitcoin per share) falls below 1 and financing cannot be continued. CEO Phong Le emphasized that the company has no plans to sell coins and still adheres to a long-term holding position, but if the premium disappears and fundraising is hindered, a technical reduction in holdings cannot be ruled out to protect shareholder returns.

[Cointelegraph]

MSTR

Strategy: Selling Bitcoin will only be considered as a "last resort" when mNAV falls below 1 and is unable to continue financing.

Phong Le recently stated publicly that the company will only consider selling Bitcoin if its mNAV falls below 1 and it cannot obtain new funding through financing -- calling this the "last resort."

Phong Le emphasized that this is not a shift in its long-term policy or an active selling plan, but a "financial decision" that will only be taken in extreme market and capital environment deteriorations.

Strategy released a new "BTC Credit" dashboard this month in response to recent market concerns about its liabilities and liquidity. The company claims that even if the price of Bitcoin remains low for a long time, its debt structure and cash flow coverage remain robust.

[ChainCatcher]

Strategy CEO: Only sell Bitcoin when mNAV falls below 1 and financing is not possible.

On November 30, according to Cointelegraph, Strategy CEO Phong Le stated that the company would only consider selling Bitcoin if its stock price fell below its net asset value and it was unable to obtain new funding. However, he emphasized that this is not a shift in its long-term policy or an active sell-off plan, but rather a "financial decision" that would only be taken in extreme market and capital environment deteriorations.

Strategy has released a new "BTC Credit" dashboard this month in response to recent market concerns about its liabilities and liquidity. The company claims that its debt structure and cash flow coverage remain solid even if the price of Bitcoin remains low for an extended period.

[律动]

MAG7.SSI

Strategy CEO: Will only consider selling Bitcoin when the stock price falls below net asset value and new funding cannot be obtained.

On November 30, according to Cointelegraph, Strategy CEO Phong Le stated that he would only consider selling Bitcoin if the company's stock price fell below its net asset value and it was unable to obtain new funding.

However, he emphasized that this is not a shift in its long-term policy or an active sell-off plan, but a "financial decision" that would only be taken in extreme market and capital environment deterioration.

Strategy has released a new "BTC Credit" dashboard this month in response to recent market concerns about its liabilities and liquidity. The company claims that even if the price of Bitcoin remains low for a long time, its debt structure and cash flow coverage remain solid.

[律动]

Strategy CEO: Bitcoin will only be considered for sale if the stock price falls below net asset value and no new funding can be obtained

Strategy CEO: Bitcoin will only be sold if mNAV falls below 1 and there is no new funding.

According to Cointelegraph, Strategy CEO Phong Le stated that he would only consider selling Bitcoin if the company's stock value fell below its net asset value (NAV) and financing channels disappeared.

He pointed out on the "What Bitcoin Did" program that if the company's mNAV falls below 1 and financing options are exhausted, selling Bitcoin is "mathematically" reasonable, which he calls protection of "Bitcoin earnings per share."

However, he clarified that this would be a last resort, not a policy adjustment.

[Foresight News]

Strategy CEO: Will only consider selling Bitcoin when NAV falls below 1 and financing channels disappear.

Strategy CEO Phong Le stated in a recent interview that the company would only consider selling Bitcoin if its stock price fell below its net asset value and it was unable to obtain new funding. However, he emphasized that this is not a shift in its long-term policy or an active sell-off plan, but rather a "financial decision" that would only be taken in extreme market and capital environment deteriorations.

Strategy has released a new "BTC Credit" dashboard this month in response to recent market concerns about its liabilities and liquidity. The company says that even if the price of Bitcoin remains low for a long period of time, its debt structure and cash flow coverage remain solid.

[Odaily]

SOSO

Strategy CEO: Only when the stock price falls below the net asset value and new funds cannot be obtained will selling Bitcoin be considered.

On November 30 (UTC+8), Strategy CEO Phong Le stated in a recent interview that the company would only consider selling Bitcoin if its stock price fell below its net asset value and it was unable to obtain new funding. However, he emphasized that this is not a shift in its long-term policy or an active sell-off plan, but rather a "financial decision" that would only be taken in extreme market and capital deterioration.

Strategy has released a new "BTC Credit" dashboard this month in response to recent market concerns about its liabilities and liquidity. The company claims that its debt structure and cash flow coverage remain solid even if the Bitcoin price remains low for a long period of time.

[星球日报]

On November 30, Cointelegraph reported that Strategy recently stated that the company would only consider selling Bitcoin if its mNAV falls below 1 and it is unable to obtain new funding through financing -- calling this a "last resort."

Strategy CEO Phong Le emphasized that this is not a shift in its long-term policy or an active sell-off plan, but a "financial decision" that will only be taken in extreme market and capital environment deterioration. Strategy released a new "BTC Credit" dashboard this month in response to recent market concerns about its liabilities and liquidity. The company claims that even if the price of Bitcoin remains low for a long time, its debt structure and cash flow coverage remain solid.

[TechFlow]

Strategy CEO: Only sell Bitcoin when mNAV falls below 1 and financing is no longer possible

<p><img src="https://static.sosovalue.com/2025/11/30/f40de108-6aa2-431e-ac22-2715c1b8feb3.jpg"></p>

Strategy CEO Phong Le says Bitcoin would only be sold if the company’s stock falls below net asset value and funding options disappear, calling it a financial decision.

Strategy will sell Bitcoin as ‘last resort’ if mNAV drops, capital is unavailable: CEO


据 Cointelegraph 报道，Strategy 首席执行官 Phong Le 最近公开表示，该公司只有在其 mNAV 跌破 1 且无法通过融资获得新资金的情况下才会考虑出售 Bitcoin——称其为“最后的手段”。Phong Le 强调，这并非长期的政策转变或主动抛售计划，而只是在极端市场和资本状况恶化的情况下才会做出的“财务决定”。

Strategy 本月发布了一个新的“BTC Credit”仪表板，以回应近期市场对其债务和流动性的担忧。该公司表示，即使在 Bitcoin 价格长期低迷的情况下，其债务结构和现金流覆盖率仍然稳健。

[PANews]

Strategy CEO：只有当 mNAV 跌破 1 且没有新的资金时，才会出售 Bitcoin。

根據 Cointelegraph 的報導，Strategy 的 CEO Phong Le 最近公開表示，該公司只會在 mNAV 跌破 1 且無法透過融資獲得新資金的情況下，才會考慮出售 Bitcoin——稱之為「最後手段」。Phong Le 強調，這不是長期的政策轉變或積極的拋售計畫，而是一種「財務決策」，只有在極端市場和資本狀況惡化的情況下才會做出。

Strategy 本月發布了一個新的「BTC Credit」儀表板，以回應近期市場對其債務和流動性的擔憂。該公司表示，即使在 Bitcoin 價格長期低迷的情況下，其債務結構和現金流覆蓋率仍然穩健。

[PANews]