Strategy Eyes Bitcoin Sale to Boost BTC-Per-Share, Holds 850,000 BTC
Strategy CEO Michael Saylor said the company may sell Bitcoin this year to maximize BTC-per-share over a seven-year horizon. Strategy holds nearly 850,000 Bitcoin valued at over $65 billion and plans to sell at cost basis to avoid any tax impact on its preferred shares.
1. Current Bitcoin Holdings
Strategy’s balance sheet includes nearly 850,000 Bitcoin valued at over $65 billion, making it the largest corporate cryptocurrency holder.
2. Plan to Sell Bitcoin to Boost BTC-Per-Share
CEO Michael Saylor stated the company may sell Bitcoin by year-end as part of a strategy to maximize Bitcoin exposure per share over the next seven years, arguing that models relying solely on equity or credit underperform.
3. Tax Efficiency of Potential Sales
CEO Phong Le said any sale would occur at the company’s cost basis to break even on taxes for preferred shareholders, ensuring no material tax impact on the STRC preferred stock product.