#SaylorSaysStrategyMustBeAbleToSellBitcoin 💥 The end of 'never sell'
On June 11, Michael Saylor stated at the $BTC Prague conference that his famous 'never sell' was advice for retail investors, not a corporate promise. 'Of course, we sell Bitcoin if we have to,' he asserted.
📊 What triggered this?
Between May 26 and 31, Strategy sold **32 BTC for ~$2.5M** at $77,135, their first sell since 2022. It was just 0.004% of their holdings, but the psychological impact was brutal.
Market reaction:
· BTC dropped -15% (dipped below $60k)
· MSTR stock lost -24%
· Bitcoin ETF saw net outflows of $1,260M in 6 days
🗣️ The phrases that changed everything
'If the policy is to never sell, credit will have no value, and neither will stocks.'
'You can't take a $100B company to bankruptcy by following rigid rules.'
Saylor justified the sale to pay dividends on preferred shares (STRC), which offer up to 8% annually. His new model: 'digital credit' – using Bitcoin as collateral, not as a passive wallet.
🔄 And after selling... did he buy?
On June 8, Strategy bought 1,550 BTC for ~$101M. Total holdings: 845,256 BTC. Net purchase of +1,518 BTC.
🧠 Conclusion
Strategy transitioned from being an 'inflexible accumulator' to an 'active financial agent.' This shift is a corporate evolution, not a betrayal. But the mere possibility of future sells already creates a risk premium on BTC.
Do you think Saylor did the right thing by softening his stance, or should he have stuck to the 'never sell'? 👇
#Saylor #Strategy #Bitcoin
On June 11, Michael Saylor stated at the $BTC Prague conference that his famous 'never sell' was advice for retail investors, not a corporate promise. 'Of course, we sell Bitcoin if we have to,' he asserted.
📊 What triggered this?
Between May 26 and 31, Strategy sold **32 BTC for ~$2.5M** at $77,135, their first sell since 2022. It was just 0.004% of their holdings, but the psychological impact was brutal.
Market reaction:
· BTC dropped -15% (dipped below $60k)
· MSTR stock lost -24%
· Bitcoin ETF saw net outflows of $1,260M in 6 days
🗣️ The phrases that changed everything
'If the policy is to never sell, credit will have no value, and neither will stocks.'
'You can't take a $100B company to bankruptcy by following rigid rules.'
Saylor justified the sale to pay dividends on preferred shares (STRC), which offer up to 8% annually. His new model: 'digital credit' – using Bitcoin as collateral, not as a passive wallet.
🔄 And after selling... did he buy?
On June 8, Strategy bought 1,550 BTC for ~$101M. Total holdings: 845,256 BTC. Net purchase of +1,518 BTC.
🧠 Conclusion
Strategy transitioned from being an 'inflexible accumulator' to an 'active financial agent.' This shift is a corporate evolution, not a betrayal. But the mere possibility of future sells already creates a risk premium on BTC.
Do you think Saylor did the right thing by softening his stance, or should he have stuck to the 'never sell'? 👇
#Saylor #Strategy #Bitcoin