MicroStrategy Executive Chairman Michael Saylor announced a plan to sell 0.2% of the company’s Bitcoin holdings monthly. These sales will cover dividend obligations for the firm's preferred stock.
This strategy prevents the issuance of new MSTR shares or additional debt. MicroStrategy aims to purchase 5 to 10 times more Bitcoin than it sells during this period.
The plan ensures a net accumulation of the digital asset for the company. This approach focuses on increasing the Bitcoin-per-share metric for investors.