Michael Saylor: Strategy May Involve Selling Part of Bitcoin Holdings by 2026

icon MarsBit
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Michael Saylor revealed that MicroStrategy may sell a portion of its Bitcoin holdings by 2026, signaling a potential shift from its long-term crypto strategy. The company holds 843,800 BTC, valued at $65 billion, with a cost basis close to current market prices. Saylor stated the firm could sell BTC, stocks, or debt to enhance long-term investment returns. This move could impact MicroStrategy’s reputation as a perpetual Bitcoin buyer.

Mars Finance reports that on May 23, Michael Saylor, Chairman of MicroStrategy, stated in a recent interview that the company is “unlikely to never sell any Bitcoin,” suggesting that MicroStrategy may sell a portion of its BTC before the end of 2026, signaling a further softening of its long-held “never sell” stance. Saylor said the company may, in the future, dynamically manage its U.S. dollar cash reserves by selling a combination of Bitcoin, stocks, and debt instruments to achieve its long-term goal of maximizing Bitcoin per share. He noted that MicroStrategy’s current core objective is to maximize the company’s BTC holdings per share by 2033. Data shows that, as of now, MicroStrategy holds approximately 843,800 BTC, with a total value of around $65 billion and an average purchase cost of about $75,700 per BTC. The current Bitcoin price is approximately $75,958, nearing the company’s overall cost basis. The market believes that if MicroStrategy were to make its first meaningful reduction in BTC holdings, it could impact market sentiment that has long viewed the company as a perpetual buyer of Bitcoin.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.