Strategy CEO: Will Only Sell Bitcoin if mNAV Falls Below 1 and Financing Becomes Impossible

Jinse Finance reported that Strategy CEO Phong Le recently stated publicly that the company would only consider selling bitcoin if its mNAV falls below 1 and it is unable to obtain new funds through financing—calling this a “last resort.” Phong Le emphasized that this is not a shift in the company’s long-term policy or an active selling plan, but rather a “financial decision” to be taken only in the event of extreme market and capital deterioration. This month, Strategy released a new “BTC Credit” dashboard in response to recent market concerns about its liabilities and liquidity. The company stated that even if bitcoin prices remain depressed for an extended period, its debt structure and cash flow coverage remain robust.