Core Insights - The company expects to become the best-performing stock in global markets within the next four to eight years [1][8] - The founder outlined conditions under which the firm might consider selling its Bitcoin holdings, indicating that this possibility may be closer than previously thought [2][5] Financial Stability - The company's dividend capacity is highlighted as a key indicator of financial stability, with an annual dividend payment of approximately $800 million [3] - The firm currently holds 650,000 BTC, valued at around $55.2 billion [4] Potential Selling Conditions - The CEO suggested that the company could be compelled to sell Bitcoin if its shares traded below the value of its underlying holdings [5] - The founder stated that the only condition for selling Bitcoin would be if the net asset value (NAV) fell below 1 [6] Market Valuation Metrics - The company's mNAV, or "multiple to net asset value," currently stands at 1.15, indicating a market valuation approximately 15% above the worth of its Bitcoin reserves [9] - A sub-1 mNAV would suggest that the market believes the company is worth less than its Bitcoin holdings, a situation that occurred briefly on November 13 [9]
Michael Saylor Just Revealed When He’ll Sell Bitcoin — It May Be Sooner Than You Think