Michael Saylor Clarifies He Has Never Sold His Personal Bitcoin as Strategy Continues Selling

Michael Saylor took to social media Monday to clarify that his personal Bitcoin holdings remain untouched, even as the company he leads continues offloading portions of its treasury. He stated that while he encourages others never to sell their bitcoin, he speaks as a fellow holder and has never sold a single satoshi of his own, emphasizing that Strategy operates as a public company separate from his personal wallet.

Strategy’s Latest Sale Prompts the Statement

The comments followed news that Strategy sold 1,638 bitcoin last week for roughly $104.7 million, bringing its total holdings down to 842,138 BTC. This marks a continuation of a pattern that began at the end of May, when the firm sold 32 BTC in what was its first net reduction in holdings not tied to tax-loss harvesting.

Company Explains Rationale Behind Sales

Saylor noted that Strategy has disclosed since 2020 that it may buy or sell bitcoin to manage capital needs, adding that the company’s long-term conviction in the asset remains unchanged. Proceeds from recent sales have gone toward preferred stock distributions and repurchases of STRC shares.