Saylor Clarifies Strategy's Right to Sell Bitcoin
Michael Saylor, founder of Strategy, has addressed concerns over the company's recent Bitcoin sale. Speaking at BTC Prague, he stated that Strategy has always reserved the right to sell Bitcoin when necessary.
This comes after the company sold 32 BTC between May 26 and May 31, its first disclosed sale since 2022. JPMorgan warned that future sales could reignite concerns over Strategy's treasury plan.
Saylor emphasized that his long-standing message was directed at individual investors, encouraging them not to sell their own Bitcoin without careful thought.