Michael Saylor’s Strategy has faced growing pressure to sell additional Bitcoin after a recent share price decline raised concerns about the sustainability of its financing structure, according to a ...
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Strategy may be forced to sell more Bitcoin, Grayscale warns
cryptonews04:58
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- Guavaxf3006·05:21The need for Saylor to raise more capital in order to continue to buy more BTC is understandable but also frightening. This is because if MSTR does not sell sone of the BTC in the treasury, tgere is no other cash on hand to pay the promised 11.5% dividends to STRC holders. So essentially, he is paying dividends from new capital he has been raising. How is this not a ponzi?LikeReport