Strategy Likely to Sell All 20,000 BTC After Shareholder Approval
2026-07-06 22:38

Woofun AI reports that Jiang Zhuo'er, founder of BTC.TOP, stated Strategy's recent sale of 3,588 BTC for $216 million breaks the "never sell" narrative. He argues that despite holding $2.55 billion in cash reserves sufficient for 17.6 months of interest payments, the company is actively selling more BTC than required. Jiang suggests this indicates preparation for large-scale trading operations rather than liquidity needs, as equity issuance could have preserved holdings per share. He further asserts that the shareholder meeting likely approved the sale of 20,000 BTC, which he expects to be fully sold in the subsequent bull market phase.

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BTC
Jiang Zhuo'er
BTC.TOP
Strategy
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