Technologies
Strategy Corp. Abandons ‘Never Sell’ Bitcoin Policy for Active Balance Sheet Management
Strategy Corp. shifts from its ‘never sell’ bitcoin policy to actively manage its balance sheet, aiming to increase bitcoin per share value amid a $12.5 billion quarterly loss.
Strategy’s most recent financial report signals a nuanced but significant change in how the company handles its bitcoin holdings: rather than simply accumulating the cryptocurrency, it will now actively manage its financial statements to enhance the value of bitcoin per share.
This marks a departure from the company’s long-standing ‘never sell’ policy, a principle championed by chairman, founder, and bitcoin advocate Michael Saylor. The shift occurs as the company reports a $12.5 billion net loss in the first quarter, driven by the decline in bitcoin prices at the start of the year.
«Our ability to sell bitcoin either to buy U.S. dollars or sell bitcoin to buy debt if it’s accretive to bitcoin per share is something that we would consider doing going forward,» Phong Le, president and CEO of the company, said on the earnings call Tuesday evening.
In December, Strategy established a U.S. dollar reserve, which now holds $2.25 billion, to ensure it can meet its obligations to pay dividends on its preferred stock and interest on its outstanding debt.
The company has been funding its bitcoin purchases by issuing new equity and debt.
«We will sell bitcoin when it’s advantageous to the company,» Le said later on the same call. «We’re not going to sit back and just say, ‘We’ll never sell the bitcoin.’ We want to be net aggregators of bitcoin – increasing our total bitcoin, but more importantly, increasing our bitcoin per share because we think that is what is going to be most accretive long term for MSTR.»
Shares were lower by 3% in after hours trading.
Bitcoin per share is an informal metric the company uses to represent how much bitcoin each share of Strategy represents. The higher the bitcoin per share, the more exposure shareholders get over time.
Bitcoin per share can change depending on whether the company buys more of the cryptocurrency, issues new shares, or sells bitcoin to manage debt or buybacks.
On the earnings call, Saylor compared Strategy to a real estate development company.
«If you bought land for $10,000 an acre, and you sold it at $100,000 an acre, and then you bought more land with profit … or if you sold $100,000 an acre to pay some interest expense on debt that you used to buy more land, nobody would say that’s bad for the price of real estate, and no one would say that that proves the business doesn’t work,» he said.
«Real estate development companies literally exist to buy land cheap and sell it expensively,» he added. «We’re like a bitcoin development company.»
As of the end of the first quarter, Strategy held 818,334 BTC for $61.81 billion, accumulated at an average cost of about $75,500 per coin. That accounts for almost 4% of the total bitcoin supply. Year to date it has acquired about 63,000 BTC.
The company also highlighted a BTC yield of roughly 9% since the start of the year. This metric measures the growth in bitcoin per share – how much of the crypto the company is holding relative to the number of its shares – over time. BTC yield measures how effectively Strategy converts capital into bitcoin exposure for shareholders.
Technologies
Why Travelers Are Switching to Verum E-SIM This Summer
Why Travelers Are Switching to Verum E-SIM This Summer
Summer Travel, Freedom, and Seamless Connectivity: Why Verum E-SIM Is Becoming the New Standard for Travelers
Summer is the peak season for vacations, long-distance trips, and new experiences. Millions of people travel abroad, explore new countries, plan adventures, and try to stay connected with family, work, and social media. And in the middle of all this comes a familiar question: how do you stay online without expensive roaming or the hassle of buying local SIM cards?
The answer is already here — eSIM.
Why eSIM Is So Convenient
eSIM (embedded SIM) is a built-in digital SIM card that lets you activate mobile internet without a physical card. All you need is an app — choose a plan and connect in just a couple of minutes.
No more:
* searching for local SIM cards at airports
* paying expensive roaming fees
* swapping physical SIMs every time you travel
Now your internet travels with you.
Internet in 150+ Countries
Modern eSIM solutions provide coverage in 150+ countries worldwide, helping tourists, freelancers, and business travelers stay connected almost anywhere on the planet.
Among the services offering these capabilities:
Verum E-SIM — https://esim.verum.im
World E-SIM — https://worldesim.me
USA E-SIM — https://usa.esim.verum.im
Euro E-SIM — https://euro.esim.verum.im
Canada E-SIM — https://canada.esim.verum.im
Balkan E-SIM — https://balkan.esim.verum.im
Ukraine E-SIM — https://ukraine.esim.verum.im
London E-SIM — https://london.esim.verum.im
E-SIM Africa — https://africa.esim.verum.im
All of these services work on the same principle — fast, borderless internet without roaming stress.
Why It Matters Most in Summer
During the holiday season, roaming networks get overloaded, and prices for mobile data abroad often become an unpleasant surprise for travelers.
eSIM solves this problem:
* transparent, fixed pricing
* activation in 1–2 minutes
* stable internet while traveling
* no physical SIM cards required
Final Thoughts
Travel should be about freedom — not hunting for Wi-Fi or worrying about phone bills.
eSIM is quickly becoming the new global standard for mobile connectivity: simple, fast, and borderless.
Verum E-SIM and its partner services are part of this shift, making global connectivity accessible to everyone, everywhere.
Technologies
Episode 2 of the VERUM Mini-Series is Now Out
Episode 2 of the VERUM Mini-Series is Now Out
The story continues. Verum Messenger has released the second episode of its AI mini-series, which follows the conflict between the powerful Omega corporation, aiming to control digital communications, and a team of heroes who have chosen a different path and free communication.
The mini-series not only develops an engaging storyline but also introduces viewers to the capabilities of the Verum ecosystem, showcasing technologies and tools that may redefine the future of modern communication.
The project consists of 7 episodes, released gradually across Verum Messenger’s social media channels.
Episode 2 is now available. Stay tuned and don’t miss what comes next.
Verum Messenger has unveiled a new project — a mini-series created using Verum AI. The story consists of 7 episodes and will be released on the messenger’s social media channels.
The plot revolves around a global corporation seeking to take control of digital communications and a group of heroes who use Verum Messenger as a tool of resistance. Beyond the story itself, the series highlights the app’s key features, technologies, and advantages.
Combining entertainment with a showcase of the Verum ecosystem, the project presents a dynamic digital series designed for the modern era.
The first episode premieres today, with the remaining episodes to be released over time.
Stay tuned for more.
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