Michael Saylor said CFTC guidance could expand Bitcoin market infrastructure and support STRC, while stating any Strategy Bitcoin sales would be limited to realizing capital gains for STRC credit dividends.
Michael Saylor said regulatory guidance from the CFTC could help expand Bitcoin capital markets by supporting 24/7 trading, the use of BTC as collateral, perpetual futures, options, and compliant market access. He said these developments would benefit Bitcoin holders, support Strategy’s Bitcoin strategy, and help develop STRC as a Bitcoin-backed digital credit product. In separate comments on May 9, Saylor also said Strategy could sell a small amount of Bitcoin if needed to realize capital gains and pay STRC credit dividends, framing any sale as limited treasury management rather than a broader shift away from its Bitcoin holdings.