Saylor, who once declared he would never sell Bitcoin for life, has now sold some himself—and said that if you can’t sell, then credit has no value. On June 1, a one-page document filed with the U.S. SEC contained a small number hidden within it: Strategy sold 32 Bitcoin. Market participants read that sentence again, because it contradicted what had been true since 2022. Michael Saylor, CEO of Strategy, the company holding the most Bitcoin in the world, built his reputation on one phrase: “Never sell Bitcoin—hold it for life.” Yet today, his company sold 32 Bitcoin—just 0.004% of its roughly 843,000 BTC holdings—so minimal it barely affected its balance sheet. Still, MSTR stock plunged 6% immediately. The question is: why would someone who made such a bold statement now sell? 💸 May 26–31: The Triggering Sales Strategy gradually sold 32 Bitcoin at an average price of $77,135 per coin, totaling around $2.5 million (approx. 82 million THB), used to pay dividends to preferred shares STRC. When the Form 8-K was released on June 1, MSTR stock dropped 6% instantly. Around $93 million in leveraged long positions were liquidated—even though the 32 Bitcoin sold had virtually no market impact. ⚠️ June 4: A Test of Digital Credit apxUSD, a stablecoin backed by Apyx Finance’s dividends, broke its $1 peg, dipping as low as $0.90. At the same time, Bitcoin fell below $63,000 and STRC traded below its $100 par value. Apyx explained that as STRC—the primary collateral—dropped in value, the system’s reserves evaporated. 🔄 June 8: Sold High, Bought Back Lower Just days later, Strategy repurchased 1,550 Bitcoin at an average price of $65,332—about $11,800 lower per coin than their recent sale price. Some interpreted this as evidence that the initial 32-Bitcoin sale was merely a liquidity test before re-entering the market at lower prices. 🗣️ June 11–13: Saylor Takes the Stage At the BTC Prague event, Saylor responded directly: “My statement ‘don’t sell Bitcoin’ was advice for individuals—not corporations. I never said a company wouldn’t sell.” He further explained that Strategy operates a digital credit business; products like STRC are credit instruments backed by Bitcoin on the balance sheet. “If we declared we’d never sell,” he said, “then credit and shares would have no value.” The real pain isn’t the 32 Bitcoin—it’s retail investors who saw “sold” next to Saylor’s name and panicked-sold en masse. Long-term DCA holders were barely affected. Another point raised: earlier this February, Saylor told CNBC he would borrow to refinance before ever selling Bitcoin. Now, selling just months later has blurred the line between advice and promise. Social media reactions split sharply. Below is a summary of sentiments—not direct quotes: Those dissatisfied believe he retroactively retracted his words; longtime believers feel betrayed. Those sympathetic argue that 32 Bitcoin is only 0.004% of holdings—selling to pay dividends is normal financial management, not a bearish signal.This isn't over yet. Bitcoin's price hovering around $60,000 and the newly tested digital credit model will determine how valid Saylor's logic truly is. How do you see this game—smart money management or a promise slowly dissolving? Investing involves risk. Investors should always review the information before making any decisions. #BitcoinAddict #Bitcoin #Saylor
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