Michael Saylor on Monday said selling Bitcoin (CRYPTO: BTC) to fund STRC dividends is “a big nothing burger” since Strategy Inc. (NASDAQ:MSTR) would buy 20 BTC for every one it sells.
Saylor Says Bitcoin Sale Impact Would Be Immeasurable
Saylor sat down with CoinDesk at Consensus in Miami to address concerns raised during Strategy’s earnings call about potentially selling Bitcoin to fund dividend obligations.
“If we were to fund all of our dividends exclusively by selling bitcoin over the next year, we would buy 20 Bitcoin for every one we sold,” Saylor said.
“So it’s no different than buying 20 Bitcoin and selling no Bitcoin,” he added.
From a market perspective, the impact would be minimal since Bitcoin has somewhere between $20 and $50 billion of liquidity today.
If Strategy were to fund all dividends with Bitcoin, it would be …
