The strategy plans to sell up to $5 billion in Bitcoin according to the current capital plan
Bitcoin News posted on platform X that Strategy (MSTR) stated it may sell up to $5 billion in Bitcoin under its current capital plan. This amount is four times higher than what it initially planned to sell under the new capital management plan.
CEO Phong Le stated that the potential proceeds from the sale could be used to increase its $1.25 billion reserve, support its annual dividend and interest obligations of approximately $1.76 billion, and fund up to $2 billion in stock buybacks. Michael Saylor mentioned that $5 billion is the upper limit based on the current plan, but the total amount could ultimately be higher.
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