MicroStrategy CEO Interpretation: Will the company sell Bitcoin? How will BTC prices evolve in the future?

Source: CryptoNewsNet Original Title: Strategy CEO Responds: Will the Company Sell Bitcoin? What Will Happen to the BTC Price in the Future? Original Link: MicroStrategy CEO Phong Le shared details of the company's aggressive Bitcoin strategy on the What Bitcoin Did podcast. He explained how MicroStrategy evolved from a software company to the world's largest Bitcoin holder, achieving growth through preferred stock and smart debt instruments, and introduced their new type of financial products for investors.

Le stated that the company adopted a “buy and hold” strategy starting from August 2020, converting idle cash on the balance sheet into Bitcoin, but this strategy has evolved over time. He explained that initially they only used cash reserves, but later realized that this approach was too slow to reach the company's current Bitcoin position of $40-45 billion.

“Initially, we only used cash, but later we leveraged the company through convertible bonds, secured bonds, and now preferred stock. Just like we got people used to Bitcoin-backed lending, we are now getting people accustomed to Bitcoin-backed loans, and we are just getting started,” said Phong Le.

In answering the biggest question in the market, “Will MicroStrategy sell Bitcoin?”, Le stated that this would only be a “last resort”.

“If the company's stock trading price is below the net asset value, and we cannot obtain other capital to pay dividends, mathematically selling Bitcoin is the right thing to do. But that would be out of necessity. Our primary goal is always to increase Bitcoin yield,” Le said.

Phong Le added that he believes Bitcoin can generate an annual return of 40-50% in the next 4-5 years and predicts that all major companies will hold some Bitcoin on their balance sheets in the future.

*This is not investment advice.