*Strategy Sells More Bitcoin, But Has Michael Saylor Changed His View?*
Strategy recently sold 1,638 BTC, worth around $105 million, reducing its total Bitcoin holdings to 842,138 BTC.
The company made it clear that this wasn't a sign of weakening confidence in Bitcoin. Instead, the sale was carried out to support corporate financial needs, including liquidity for stock distributions, $STRC share buybacks, and overall capital management.
Michael Saylor later addressed the discussion, explaining that his famous "never sell your Bitcoin" message is aimed at individual investors, not publicly traded companies that must meet financial and regulatory obligations.
He also confirmed that he has not sold any of his personal Bitcoin, emphasizing that both his personal conviction and the company's long term belief in Bitcoin remain unchanged. According to Saylor, occasional sales by a public company are simply part of responsible financial management and do not reflect a bearish outlook on Bitcoin.
What do you think? Was this simply a routine corporate finance decision, or could sales like this create short term pressure on $BTC despite the company's continued bullish stance?
#BTC $BTC
Strategy recently sold 1,638 BTC, worth around $105 million, reducing its total Bitcoin holdings to 842,138 BTC.
The company made it clear that this wasn't a sign of weakening confidence in Bitcoin. Instead, the sale was carried out to support corporate financial needs, including liquidity for stock distributions, $STRC share buybacks, and overall capital management.
Michael Saylor later addressed the discussion, explaining that his famous "never sell your Bitcoin" message is aimed at individual investors, not publicly traded companies that must meet financial and regulatory obligations.
He also confirmed that he has not sold any of his personal Bitcoin, emphasizing that both his personal conviction and the company's long term belief in Bitcoin remain unchanged. According to Saylor, occasional sales by a public company are simply part of responsible financial management and do not reflect a bearish outlook on Bitcoin.
What do you think? Was this simply a routine corporate finance decision, or could sales like this create short term pressure on $BTC despite the company's continued bullish stance?
#BTC $BTC