Michael Saylor, Executive Chairman of Strategy Inc. (NASDAQ:MSTR), hinted on Tuesday at a potential sale of some of the company’s Bitcoin (CRYPTO: BTC) holdings to fund dividend payments on its preferred stock.
Saylor Says Company Wants To Be Flexible
Saylor, during Strategy’s first-quarter earnings call, said the firm is willing to be more flexible in managing its capital stack.
“We’ll probably sell some Bitcoin to fund a dividend just to inoculate the market, just to send the message that we did it,” Saylor said.
He stressed that the potential sale would not be a reflection of any issues, insisting that all is “fine” with the company and Bitcoin.
“The more optionality we create and the more tools we have at our disposal, I think, the better it is for the equity investors,” the Bitcoin bull added.
