Blockstream founder Adam Back has proposed a Bitcoin in-kind dividend program for Michael Saylor's Strategy, suggesting it could enhance the firm's carry trade strategy. Back's proposal comes in response to Saylor's recent comments indicating Strategy's plans for further Bitcoin acquisitions. The suggestion has sparked debate within the Bitcoin community, with some questioning its impact on Strategy's investment approach.
Back argues that implementing a Bitcoin dividend program could provide clarity and structure for investors, despite concerns that it might disrupt Strategy's carry trade operations. He suggests that any potential issues could be mitigated by issuing extraordinary dividends. Meanwhile, Saylor's recent statements, including a cryptic post on X, hint at Strategy's intention to increase its Bitcoin holdings, which currently stand at 815,061 BTC, making it the largest corporate holder of the cryptocurrency.
Blockstream's Adam Back Proposes Bitcoin Dividend Program for Strategy
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