Currencies38131
Market Cap$ 2.27T+0.90%
24h Spot Volume$ 33.11B+0.01%
DominanceBTC56.30%-0.03%ETH9.50%+1.51%
ETH Gas0.08 Gwei
Cryptorank
/

Strategy Right to Keep Bitcoin Sale Option Open: Analyst


Strategy Right to Keep Bitcoin Sale Option Open: Analyst

Share:

AI Overview

Samson Mow defended Strategy's plan to potentially sell BTC to pay dividends, saying public companies holding crypto need flexibility to protect shareholders (post on X, May 7). He framed possible BTC sales as a corporate governance tool that supports crypto adoption by public companies but also signals potential market downside if sizable sales occur.

Bearish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Bitcoin advocate Samson Mow has pushed back against criticism that Strategy has betrayed its principles by saying it would sell BTC at some point in the future to pay dividends.

In a post published on X on May 7, Mow argued that public companies holding BTC need flexibility to protect shareholders, even if that means selling part of their stash at certain points.

Read the article at CryptoPotato

In This News

Coins

$ 63.85K

+0.84%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 63.85K

+0.84%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Bitcoin Reclaims $64K Despite Strategy’s New Sale and Resumed US-Iran Strikes: Weekly Recap

Bitcoin Reclaims $64K Despite Strategy’s New Sale and Resumed US-Iran Strikes: Weekly Recap

Meanwhile, Ethereum is back at $1,800, SOL is struggling to maintain $80, while XRP h...
Strategy or Binance: Who’s Sitting on More Unrealized Bitcoin Losses? CryptoQuant Weighs In

Strategy or Binance: Who’s Sitting on More Unrealized Bitcoin Losses? CryptoQuant Weighs In

Strategy has more BTC holdings than Binance, so the firm has a significantly larger u...