Jiang Zhuoer Dismisses Concerns Over Strategy’s Bitcoin Sales
- Jiang Zhuoer, CEO of BTCTOP, argues that Strategy’s balance-sheet risk is manageable even during a severe Bitcoin drawdown.
- He states that Strategy will not become a net seller of Bitcoin and may sell older, low-cost BTC to show investment gains and support STRC-related payments.
- Strategy’s debt-to-asset ratio is about 5%, with STRC’s discount seen as a short-term market sentiment issue rather than an insolvency risk.
Jiang Zhuoer suggests that selective Bitcoin sales are strategic for maintaining investor confidence in Strategy’s financial model without altering its overall accumulation strategy.
Despite concerns, Jiang asserts that Strategy remains financially sound with a manageable debt-to-asset ratio, ensuring it can continue its Bitcoin-backed capital markets model effectively. (Source)
