MicroStrategy Shifts from 'Never Sell' Bitcoin Strategy to Active Balance Sheet Management

MicroStrategy has announced a strategic shift from its long-standing 'never sell' approach to Bitcoin, opting instead to actively manage its balance sheet to enhance Bitcoin per share value. The company, which holds 818,334 BTC, reported a $12.5 billion net loss in Q1 due to Bitcoin's price decline. CEO Phong Le stated the company may sell Bitcoin to buy U.S. dollars or debt if it benefits Bitcoin per share value.

By Tanaya Macheel · CNBC ·

MicroStrategy Shifts from 'Never Sell' Bitcoin Strategy to Active Balance Sheet Management

Tickers: $MSTR

Topics: Balance Sheet Management Bitcoin Corporate Strategy Earnings MicroStrategy

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