Strategy Considers Selling Bitcoin to Pay Debt
Date: 2025-04-10 Author: Gabriel Deangelo Categories: BUSINESS
Strategy, led by Michael Saylor, has filed a filing with the U.S. Securities and Exchange Commission indicating that it may sell some of its Bitcoin reserves to service its debt. The filing is a surprising turnaround given the firm’s long-standing stance of “not selling” its accumulated cryptocurrency assets.
Strategy currently holds 528,185 Bitcoin, purchased at an average price of $67,458 per coin. The total value of these assets is estimated at $40.1 billion, and Bitcoin remains the largest component of the company’s balance sheet.
However, as stated in the document, Strategy may find itself in a situation where it will need to use some of its BTC assets to cover liabilities:
"If we are unable to secure funding on a timely basis, whether from internal or external sources, we may be forced to sell Bitcoin. This may occur at prices below our cost or in conditions that are not economically viable for us."
The company also discloses in the document that an unrealized loss of $6 billion is expected by the end of the first quarter of 2025. In addition, Strategy notes that restoring profitability in subsequent periods may be difficult - especially if the price of Bitcoin continues to decline.
Despite the alarming data, Chairman of the Board of Directors Michael Saylor posted a laconic message on his social media page "HODL", hinting at a commitment to the idea of long-term storage of cryptocurrency. Experts, commenting on the situation, emphasized that such statements about potential risks are part of standard practice and do not necessarily indicate that the sale of assets will actually take place.
Thus, although the company is forced to outline possible scenarios, including the implementation of Bitcoin, Strategy still remains true to its original position. In the coming months, it will be clear whether financial difficulties will lead to a revision of the strategy or will remain at the level of formal risks.
