Why Strategy Sold $260M in Bitcoin at a Loss to Save Its Dividend
7 Jul 2026 · 51:34
Parker White, chief investment and operating officer at Apyx, discusses Strategy's largest Bitcoin sale to date, a $260 million disposal at a loss used to fund preferred dividends. He walks through the company's new digital capital framework, including a twelve month coverage rule and a $10 billion buyback plan, and pushes back on the idea that funding dividends with Bitcoin sales betrays Bitcoin's founding ethos.