Michael Saylor Fires Back: 'I Never Said The Company Wouldn't Sell Its Bitcoin'

Michael Saylor Fires Back: 'I Never Said The Company Wouldn't Sell Its Bitcoin' Parshwa Turakhiya Sun, June 14, 2026 at 5:01 AM GMT+7 5 min read BTC-USD MSTR Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Michael Saylor addressed the backlash over Strategy Inc.’s 32 Bitcoin sale at BTC Prague Thursday, drawing a clear line between personal advice and corporate treasury management. Saylor confronted the contradiction directly from the Prague stage. He acknowledged telling individual investors never to sell their Bitcoin but said that advice was never directed at Strategy as a corporation. “I said to you, never sell your Bitcoin. I never said that the company wouldn’t sell its Bitcoin,” Saylor said in a video shared on X. A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast “Anybody that’s been listening to our earnings calls or reading our disclosures or has half a brain knows for the last five years, we’ve been very clear that of course we sell the Bitcoin if we have to,” he added. The sale itself barely registers against the size of the position. Strategy sold 32 Bitcoin for $2.5 million against a $62 billion Bitcoin reserve to fund preferred stock dividend obligations. The company then bought back 1,550 Bitcoin at $65,332 per coin this week, increasing total holdings to 845,256 BTC and raising its USD reserve to $1 billion. Critics remain focused on what happens next rather than what already occurred. The next preferred dividend payment falls on June 30, and investors will watch closely whether Strategy funds it through new capital raises or reaches into its Bitcoin reserve again. The preferred stock structure carries a permanent 11.5% annual coupon with no natural exit, creating a recurring cash obligation that grows with each new STRC issuance. Saylor’s earlier absolutist posts, including urging followers to sell a kidney before parting with Bitcoin, sharpened the criticism once the filing appeared. Trending: Avoid the #1 Investing Mistake: How Your ‘Safe' Holdings Could Be Costing You Big Time MSTR closed up 4.16% to $120.15 Thursday and holds modest premarket gains Friday, sitting directly below long-term rising trendline from February’s lows. See Also: Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier. However the death cross from October 2025 remains active with the 20-day SMA at $147.65, 50-day SMA at $154.77, and 200-day SMA at $197.34 all stacked bearishly overhead. Key support sits at $118.50. MACD remains below its signal line with a negative histogram, meaning momentum is fading rather than rebuilding. Reclaiming the 20-day SMA at $147.65 is the minimum requirement to shift the short-term trend. Read Next: Think you're saving enough for your kids? You might be dangerously off — see why Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry. Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly. Immersed is building technology for the future of work through spatial computing. Known for its AR/VR productivity platform that enables users to work across multiple virtual screens, the company has grown to more than 1.5 million users worldwide. Immersed is also developing Visor, a lightweight headset designed specifically for professional productivity, positioning the company at the intersection of remote work, extended reality (XR), and next-generation computing. Fine wine and rare whiskey have historically moved independently of the stock market, making them a compelling alternative asset. Vinovest manages authenticated, insured portfolios of investment-grade wine and whiskey starting at $5,000 — sourcing, storage, and insurance all handled for you. EnergyX is a clean energy technology company focused on direct lithium extraction and refinery technologies for the lithium-ion battery supply chain. Its proprietary DLE systems are designed to recover lithium from brine resources more efficiently and with less environmental impact, supp

Michael Saylor Fires Back: 'I Never Said The Company Wouldn't Sell Its Bitcoin'

Key takeaways

Also covered by

Michael Saylor Fires Back: 'I Never Said The Company Wouldn't Sell Its Bitcoin'

Key takeaways

Also covered by

More in business