Michael Saylor Signals Bitcoin Sales Could Be Possible to Protect Strategy’s Position

Strategy executive chairman Michael Saylor has suggested the company may consider selling Bitcoin in certain situations to protect the long-term strength of its business and the asset itself. The comments sparked discussion across the crypto market because Saylor has long been known for promoting a strict “never sell Bitcoin” message.

Speaking on The Wolf Of All Streets podcast, Saylor explained that if investors believed Strategy would never sell any of its Bitcoin holdings, credit rating agencies could stop viewing Bitcoin as a usable corporate asset.

Strategy currently holds around 818,869 BTC worth nearly $65 billion. According to company data, the average purchase price stands near $75,540 per Bitcoin.

Saylor said the Bitcoin market has between $20 billion and $100 billion in liquidity that is separate from Strategy’s stock and debt markets. He argued that refusing to ever use that liquidity could weaken the financial value of the company’s largest asset.

Bitcoin Community Reacts to Saylor’s Comments

The remarks followed Strategy’s recent earnings call where Saylor mentioned the company could sell Bitcoin if necessary to reduce panic during market stress. The statement quickly triggered debate among Bitcoin supporters.

Investor Simon Dixon said Strategy may eventually need to sell Bitcoin if financial markets place pressure on Bitcoin-backed debt products.

Despite the discussion, Strategy continues buying Bitcoin aggressively. The company recently purchased another 535 BTC for about $43 million at an average price above $80,000 per coin.