Strategy Chairman Michael Saylor stated on June 11 at the BTC Prague 2026 conference that the company can sell Bitcoin if necessary for financial health, clarifying he never promised the corporation would never sell BTC. The statement followed Strategy's disclosure that it sold 32 BTC between May 26-31 at approximately $77,135 per coin, totaling about $2.5 million, according to a June 1 SEC filing. Strategy, the world's largest corporate Bitcoin holder, executed its first BTC sale in approximately 3 years and 5 months, having previously sold 704 BTC in December 2022, with management citing STRC perpetual preferred share dividend payments and tax management as reasons for maintaining the option to liquidate holdings.
Saylor Clarifies Strategy's Bitcoin Sale Policy at BTC Prague 2026
Alex Bragin, Chief Technology Officer of Bitcoin infrastructure firm JAN3, shared interview footage of Saylor on X from the BTC Prague 2026 event. Saylor stated: "I have told individual investors not to sell Bitcoin, but I never said the company would absolutely never sell Bitcoin." He added that anyone who has consistently followed earnings calls and disclosures over the past five years would know the company has clearly stated it can sell Bitcoin when necessary.
Saylor further emphasized: "I will not damage the company's financial health because of criticism from some users. If necessary, we can certainly sell Bitcoin."
Strategy Sold 32 BTC Between May 26-31 for $2.5 Million
Strategy disclosed in its June 1 SEC filing that it sold 32 BTC between May 26-31 at approximately $77,135 per coin. The sale totaled approximately $2.5 million. This marks Strategy's first asset sale since disposing of 704 BTC in December 2022, a gap of approximately 3 years and 5 months. Strategy has been recognized as a leading company driving market growth through its aggressive Bitcoin acquisition strategy.
STRC Dividend Obligations Cited as Reason for Maintaining Sale Option
In May, Strategy management indicated the possibility of selling some Bitcoin in the future for dividend payments on the company's perpetual preferred share product STRC and tax management purposes. The STRC structure requires the company to maintain flexibility in asset liquidation to meet financial obligations.
FAQ
What did Michael Saylor say about Strategy selling Bitcoin on June 11?
Michael Saylor stated at the BTC Prague 2026 conference on June 11 that Strategy can sell Bitcoin if necessary for the company's financial health. He clarified he never promised the corporation would absolutely never sell Bitcoin, though he has advised individual investors not to sell.
How much Bitcoin did Strategy sell between May 26-31?
Strategy sold 32 BTC between May 26-31 at approximately $77,135 per coin, totaling about $2.5 million, according to the company's June 1 SEC filing. This was Strategy's first Bitcoin sale since December 2022, when it sold 704 BTC.
Why does Strategy maintain the option to sell Bitcoin?
Strategy management cited dividend payments for the company's STRC perpetual preferred shares and tax management as reasons for maintaining the option to sell Bitcoin when financially necessary.
