@Judaixxspexxy Public company. Need to do it in some way because he was famous saying never sell.
But they were selling in 2022.
And 32btc sell is a joke. Its so small comparing to 800k+ they have on balance sheet.
People are overthinking the 32 BTC sale.
“Why sell?”
“Why not just buy less next week?”
“Is this bearish?”
Michael @saylor already explained the logic:
• If Bitcoin can’t be sold, critics say it has no value.
• If it has no value, the balance sheet value is zero.
• If the balance sheet value is zero, credit rating agencies ignore it.
• So you sell a tiny appreciated portion to prove Bitcoin is liquid, valuable, and real.
An engine that puts Bitcoin to work for institutional capital:
→ cBTC: The first trust-minimized BTC on a programmable Bitcoin layer
→ CTR: The engine that coordinates Bitcoin's utilization
→ ctUSD: The native stablecoin for Bitcoin
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