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Trading King

06/21 14:21

Adam Back says Strategy's Bitcoin sale is a featur

#World Cup Predictions: 100,000 USDT Daily #2026 World Cup Posting Challenge on HTX Square #HTXCommunity4thAnniversary Adam Back says Strategy's Bitcoin sale is a feature, not a flawBlockstream CEO Adam Back said concerns over Strategy's small Bitcoin sale are overblown, framing the move as normal treasury management rather than a warning sign for the company's Bitcoin plan. Speaking in a Bloomberg interview shared on YouTube, Back addressed questions about Strategy selling 32 $BTC to help pay preferred stock dividends. He said the sale showed the firm could meet obligations while keeping Bitcoin at the center of its balance sheet. Back frames sale as balance sheet use Back argued that the market should not treat the 32 $BTC sale as a bearish signal. In his view, Strategy used a small part of its Bitcoin position to support investor payments and reduce pressure on the capital structure. CYPHERPUNK LEGEND ADAM BACK ABSOLUTELY ENDS THE ARGUMENT AGAINST MICHAEL SAYLOR LIVE ON BLOOMBERG $MSTR AND $STRC FUD IS BASELESS. THEY ARE SIMPLY "SELLING #BITCOIN TO PAY DIVIDENDS" "THEY ARE PROVING THEY CAN PAY INVESTORS WITH $BTC AND REDUCE THEIR DEBT RATIO"
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