Will DOGE history repeat itself? The founder’s movements are attracting attention again in the strategy BTC drama

Dogecoin co-founder Billy Marcus (known as “Shibetoshi Nakamoto” on X) has responded to recent reports that Strategy, the world’s largest publicly traded company that owns Bitcoin, may sell some of its Bitcoin. $BTC The holding amount is approximately $1.25 billion.

Number of strategies held 847,363 $BTC As of June 22nd. If a Bitcoin treasury company raises $1.25 billion through Bitcoin sales, it may need to sell about $20,800. $BTC At current prices, approximately 2.5% of 847,363 $BTC Collection.

But news that Strategy may be selling some of its vast assets $BTC The stash sparked reactions from much of the cryptocurrency community, including Dogecoin co-founder Billy Markus.

In his X post, Marcus shared a short video clip of tweets from strategy chairman and Bitcoin advocate Michael Saylor, urging holders to never sell their Bitcoin.

This itself drew comments from the Dogecoin community, with one X user pointing out Marcus’ well-publicized decision to sell. $Doge A possession from several years ago.

Marcus, who co-founded Dogecoin in 2013, sold all his coins. $Doge He held the stock in 2015 after being laid off. He liquidated his entire cryptocurrency portfolio for about $10,000 to pay rent and cover basic living expenses. This amount was equivalent to the price of a used Honda Civic at the time.

Despite repeated jokes and arguments, Marcus remained light-hearted about the decision. This is seen in response to an X user being reminded of this decision, where Marcus posted a meme GIF that basically said “I’m fine”.

What is your strategy for selling Bitcoin?

In a recent press release, Strategy announced that its board of directors has approved: $BTC Monetization programs that your company can sell $BTC Sometimes for three main purposes.

First, to generate up to $1.25 billion in funding for the U.S. dollar reserve. Second, to provide additional funds when preferred stock dividends and interest payments become payable, and to replenish U.S. dollar reserves after they are paid. Third, to raise additional funds to repurchase digital credit securities or Class A common stock.

As stated in the release: $BTC The Monetization Program does not obligate Strategy to make any sales. $BTCwe raise funds for dividend payments or interest expense in the following ways: $BTC Sale or repurchase of securities.

of $BTC Monetization programs have no expiration date and may be modified, suspended, or terminated at any time.