Michael Saylor, Executive Chairman of Strategy, indicated that selling Bitcoin might be necessary to maintain liquidity during market stress. In a recent podcast, Saylor emphasized that companies should not adhere to a "never selling Bitcoin" policy, highlighting the need for Bitcoin to remain a liquid asset in corporate treasuries. This follows his earlier comments during Strategy's Q1 earnings call, where he mentioned potential Bitcoin sales to preserve market confidence.
Despite these remarks, Strategy continues to increase its Bitcoin holdings, recently acquiring 535 BTC between May 4 and May 10, valued at approximately $43 million. The company, which began purchasing Bitcoin in August 2020, now holds 818,869 BTC. Saylor's comments have sparked debate within the crypto community about potential shifts in Strategy's long-term treasury strategy, even as it continues to expand its Bitcoin reserves.
Michael Saylor Suggests Bitcoin Sales Possible for Liquidity
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