Strategy Chairman Michael Saylor stated on a podcast that the company is not absolutely opposed to selling Bitcoin. The company disclosed that it may tactically sell a minimal portion of its holdings if necessary to maintain balance sheet flexibility and preserve Bitcoin’s role as a corporate liquid asset.
Position size approaches 818,000 BTC
As of now, Strategy holds approximately 818,000 BTC, valued at nearly $65 billion according to the article’s metrics, making it one of the largest corporate holders of Bitcoin globally. Saylor said that if the market concludes the company will never sell its Bitcoin, rating agencies might question whether this holding qualifies as an available asset.
He stated that Bitcoin provides Strategy with a liquidity source independent of equity and debt markets, potentially ranging from $2 billion to $10 billion. Refusing to utilize this liquidity entirely could weaken the overall financial structure.
The selling ratio may be only a very small portion.
Saylor said that if the company sells Bitcoin, the scale would be very limited, possibly only 20 basis points of its holdings. He gave an example that if the company sold $100 million worth of Bitcoin in a single month while buying $1 billion to $2 billion worth, it would still be a net buyer.
According to him, such small-scale sales could support STRC dividends and potentially help unlock tax credits associated with high-cost Bitcoin purchases. The article does not disclose whether Strategy has initiated any such sales arrangements or provide a specific timeline.
Treasury companies and mining firms are under pressure to sell coins.
Saylor's statement comes as several Bitcoin treasury companies and mining firms have been selling their holdings during the market downturn. The report notes that publicly traded mining companies such as MARA Holdings, Riot Platforms, and Core Scientific collectively sold over 32,000 BTC in the first quarter of 2026 to fund the expansion of their AI and high-performance computing initiatives.
Meanwhile, several smaller treasury firms mimicking the Strategy model also sold portions of their holdings after Bitcoin sharply retraced from its near $126,000 high. The companies mentioned in the article include Nakamoto, Empery Digital, and Sequans.
Saylor still emphasizes long-term accumulation.
Although mentioning the possibility of selling a small amount of Bitcoin, Saylor reaffirmed his long-term buying stance, stating in the interview that the company remains willing to continue accumulating Bitcoin at higher prices, even if its value continues to rise.
The text also mentions that Saylor believes tokenized yield products around STRC are gaining momentum, with some projects already seeing capital inflows. He anticipates that digital yield products may continue to expand over the coming months.