Michael Saylor’s Strategy may sell Bitcoin to pay off debt

Michael Saylor’s software company, Strategy, which is strongly invested in Bitcoin, will soon sell some of its Bitcoin participations to comply with financial obligations.

In a regulation of April 7 depositThe company has revealed that if it does not guarantee funding timely, either by equity or debt, it may be forced to sell bitcoin (BTC) to comply with its financial obligations. The Bitcoin price has a huge impact on the company’s ability to settle its debts, as the majority of the strategy assets are in Bitcoin.

For the first quarter of 2025, the strategy plans to point out an unrealized loss of nearly $ 6 billion, despite a tax service of $ 1.69 billion. The company has around $ 8 billion in debt and faces enormous financial pressure with $ 35 million in annual interest payments and $ 150 million in annual dividends. Its software activity has not generated enough income to support these obligations.

According to March 31 of Saylor job On X, the company holds 528,185 BTC bought at an average price of $ 67,458 per room, acquired for more than $ 35 billion. If the strategy is not able to obtain additional funding, this could lead to a sale at prices lower than its initial investment.

Although this situation raises concerns, Wu Blockchain stressed that similar warnings appeared in previous deposits, which means that it is not entirely unusual.

To discuss its liquidity crisis on March 10, strategy announcement Its plan to collect $ 2.1 billion thanks to the sale of perpetual privileged shares. The funds of this offer will be used to support companies operations in addition to buying more Bitcoin.

The privileged action, which offers an 8%dividend, will help the strategy to increase capital without relying on traditional debt structures. However, the future of the company still depends strongly on Bitcoin’s functionality, even if it can secure this new investment.

Bitcoin is traded at around $ 76,000 at the time of the press, down 10% in last week. Despite the lowering prospects caused by Trump priceSome analysts remain optimistic about the short -term Bitcoin future. The co-founder of Bitmex, Arthur Hayes, said in an April 8 interview With unfolding, Bitcoin could reach $ 110,000 or more in the coming months.

According to Hayes, central banks around the world will soon reduce interest rates, which could increase in global liquidity. This liquidity infusion would help Bitcoin as a deflationary asset, increasing its price.