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via The Block · By The Block Editorial

Michael Saylor says Strategy would buy '10 to 20' bitcoin for every one it sells: report

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Trend:Downtrend

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The Block Editorial

(06:09 AM UTC)

1 min read

Verified byMichael Roberts

1204 views

0 comments

Strategy Chairman Michael Saylor said the company will buy far more bitcoin (BTC) than it sells, as it considers tapping its bitcoin holdings to fund dividends for its STRC perpetual preferred stock program.

In multiple interviews released over the weekend, Saylor said that while the company may occasionally sell a portion of its bitcoin holdings, any such sales would be quickly outpaced by new…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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