Strategy can sell part of their bitcoins

In the last application submitted to the US Securities and Exchange Commission, Michael Seilor said that it could sell part of its bitcoin-west to repay debt obligations.

This step contradicts the strategy of the company that was going to never sell its cryptocurrency reserves.

Currently, Strategy owns 528.185 bitcoins at an average price of $ 67.458 per BTC, which is $ 40.119 billion.

Since Bitcoin is the main part of the assets on our balance sheet, if we cannot provide funding in a timely manner at the expense of our own or borrowed funds. We may need to sell bitcoin in order to fulfill our financial obligations, and we may need to make such sales at prices below the cost or other prices unprofitable for us, the Strategy statement said.

The software development company recognized that an unrealized loss of $ 6 billion in the first quarter of 2025 is awaiting an unrealized loss. Strategy also warned that the company may not restore profitability in future quarters, especially if the cost of its BTC reserves continues to fall.

Meanwhile, the chairman of the company Michael Saylor published a message with the eloquent word “Hodl”, and experts explained that the practice of revealing risks is a common occurrence that does not signal sales.

Be in the know! Subscribe to Telegram.

Source: Cryptocurrency

You may also like

See Pope Francis’ life in photos
World
Bruce

See Pope Francis’ life in photos

Pope Francis, the first Latin American to command the Catholic Church, died on Monday (21). The Supreme Pontiff has been

Polymarket bet on the new pope
Top News
David

Polymarket bet on the new pope

After the reports of the death of the Pope Francis, the YES Stans increased sharply in the forecast market Polymarket