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]
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]
Powered by ChatGPT
Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors