The strategy does not indicate that Bitcoin will be sold, it is merely a routine risk disclosure.

robot
Abstract generation in progress

[Strategy does not indicate that it will sell Bitcoin, it is only a routine risk disclosure] A piece of news about Strategy (formerly MicroStrategy) possibly being forced to sell Bitcoin has sparked widespread attention on X. The news states that according to the 8-K form submitted by Strategy to the SEC on April 7, if the price of Bitcoin continues to fall, the company may be forced to sell its Bitcoin Holdings to pay off debts, breaking Michael Saylor’s commitment of “never selling Bitcoin.” Upon verification, this interpretation is misleading. The statement in the 8-K form by Strategy mentioning “may be forced to sell Bitcoin” is, in fact, a standardized risk disclosure clause, rather than the company’s actual intention or an imminent action. Such risk disclosures are extremely common in the financial reports of publicly listed companies, especially for those holding a large amount of specific assets. In fact, this statement is not the first occurrence, as similar statements have appeared in the financial reports of Strategy over multiple past quarters. In the Q1 2024 filing, the same risk warning statement was already present.

BTC-1,29%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)