Saylor Clarifies Bitcoin Stance Amid Strategy's Third Sale

Michael Saylor, Chairman of Strategy, has clarified his stance on Bitcoin after the company announced its third BTC sale in recent months. He emphasized that his previous statement 'Never sell your bitcoin' was intended for individual investors, not companies.

Saylor noted that as a public company, Strategy has disclosed its ability to buy or sell BTC to manage capital since 2020. The company's shared conviction in Bitcoin remains unchanged, he assured.

Strategy sold another 1,638 BTC in the past week, adding to the 3,588 units sold at the end of June. The company used the capital to repurchase its own STRC shares, reinforcing the asset's price which has climbed to $92.