Under what circumstances would #特朗普加密货币政策新方向 sell coin? The CEO of this listed company revealed the answer.

Phong Le, the head of Strategy, was recently interviewed and asked a question that all Bitcoin holders are concerned about – when will you sell?

His answer was very straightforward: don’t touch it unless two things happen at the same time. What are the two? One is that the stock price falls below the net asset value, and the other is that no new money can be raised in the market. Le clarified that this is not a strategic adjustment; it is purely a B plan prepared for the worst-case scenario. In simple terms, it is to leave himself a way out.

To reassure the outside world, the company urgently set up a financial dashboard called "BTC Credit" this month, displaying data on assets, liabilities, and liquidity for everyone to see. The official statement is: our debt structure can withstand scrutiny, and even if Bitcoin remains sluggish in the long term, the cash flow can hold up; it is still far from resorting to the "last resort".

This statement actually reveals a signal – for institutions that write Bitcoin into their balance sheets, selling coins has never been a casual decision, but rather a financial operation that must trigger a "double insurance". In this crazy crypto market, companies that can maintain this bottom-line thinking may be the truly mature players.