
Strategy CEO Phong Le confirmed the company will only sell Bitcoin to fund its 11.5% preferred stock dividend or for tax optimization, emphasizing that any sale must increase Bitcoin per Share to benefit shareholders. This clarifies earlier remarks by Executive Chairman Michael Saylor, which had caused market concerns about potential Bitcoin sell-offs. Strategy holds over 818,000 BTC worth $66 billion, making it the largest public Bitcoin treasury firm, and daily Bitcoin trading volumes can easily absorb the company's $1 billion annual dividend sales without impacting the market. The company prioritizes a math-driven, disciplined approach to managing its Bitcoin treasury with no plans for broad liquidation outside these specific financial needs.