A major corporate Bitcoin holder just laid out its exit conditions—though don't expect them to trigger anytime soon. The company would only dump its BTC stash under extreme circumstances: if their modified net asset value falls under 1.0 and they've completely exhausted capital-raising options. CEO Phong Le made it crystal clear there's zero intention to sell right now, doubling down on their marathon holding approach. But he did leave the door cracked open, hinting that premium dynamics could theoretically shift the equation down the road. Translation? Their Bitcoin bet stays locked unless the business model fundamentally breaks.
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LonelyAnchorman
· 12-01 03:27
In simple terms, it means not to buy the dip and to hold on until the end, unless the company truly collapses, then you admit defeat. I admire this kind of determination; it's much stronger than those who cut losses at the slightest disturbance.
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HalfBuddhaMoney
· 11-30 16:00
It means that they would only sell if BTC is dumping, and now they are boasting quite fiercely.
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TokenomicsDetective
· 11-30 15:44
Well... to put it simply, as long as the business model hasn't completely collapsed, there's no need to sell, right? It sounds like they're leaving themselves an out.
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MEVHunterLucky
· 11-30 15:43
Pretty smart, leaving a way out for oneself without showing fear. This is the real institutional player.
A major corporate Bitcoin holder just laid out its exit conditions—though don't expect them to trigger anytime soon. The company would only dump its BTC stash under extreme circumstances: if their modified net asset value falls under 1.0 and they've completely exhausted capital-raising options. CEO Phong Le made it crystal clear there's zero intention to sell right now, doubling down on their marathon holding approach. But he did leave the door cracked open, hinting that premium dynamics could theoretically shift the equation down the road. Translation? Their Bitcoin bet stays locked unless the business model fundamentally breaks.