Michael Saylor, chairman of Strategy, has indicated that the company may sell some of its Bitcoin holdings as early as this year, softening his previous "never sell" stance. He aims to maximize Bitcoin per share by 2033 and mentioned that selling could be part of a broader strategy to manage equity and cash holdings. Currently, Bitcoin is trading at $75,958, slightly above the average price Strategy paid for its substantial Bitcoin acquisition. This potential shift in Strategy's approach has raised questions within the Bitcoin community, which typically views the company's buy announcements as bullish signals.
BitcoinETFsShed$1.26BInSixDays