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BlockBeats News, June 8th - Jiang Zhuo'er, the founder of BTC.TOP mining pool, expressed his views on the Strategy's Bitcoin selling behavior. He believes that the Strategy will not sell a large amount of Bitcoin but will only sell a small amount to pay interest.
Jiang Zhuo'er believes that the Strategy will issue new STRC to raise funds to buy more BTC. At the same time, it will sell a very small amount of early low-cost BTC to realize accounting gains, which will be used to pay STRC interest. This is the manifestation of his "rolling strategy." However, if the Strategy does not sell at all, investors will suspect a "Ponzi scheme." Selling a small amount can generate real income, maintain the image of "never selling Bitcoin," and facilitate continued financing.
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