Mars Finance reports that on August 2, Michael Saylor, founder of MicroStrategy, posted that MicroStrategy announced its BTC monetization plan on June 29—31 days before releasing its second-quarter earnings—and not after recording a loss. Michael Saylor stated that MicroStrategy has never implemented a “never sell” policy. The plan does not require the company to sell any BTC, and the company expects to remain a net buyer of Bitcoin in the long term.
Michael Saylor: Strategy Never Adopted a 'Never Sell' Policy, Will Continue Net Bitcoin Purchases Long-Term
MarsBitShare
Summary
Michael Saylor confirmed that Strategy’s long-term crypto strategy includes ongoing net Bitcoin purchases. The company announced its BTC monetization plan 31 days before its Q2 results, not after incurring losses. Saylor clarified that the company never adhered to a “never sell” policy. The plan provides flexibility without requiring BTC sales. Strategy remains focused on long-term investing and accumulating Bitcoin over time.
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