Bitcoin Sale Only If Funds Dry Up, Strategy CEO Warns

Strategy CEO Phong Le has warned investors that Bitcoin holdings may be sold as a last resort if the company’s net asset value (NAV) falls below its multiple to NAV (mNAV) and financing becomes unavailable. According to Le, selling Bitcoin would only occur under these extreme circumstances, not as a policy shift. He emphasized financial discipline is paramount in market downturns, prioritizing shareholder interests over emotional decisions.