Saylor Stands Firm on Never Selling Bitcoin
Michael Saylor, Chairman of Global Market Broadcast Strategy, has defended his 'never sell' Bitcoin slogan. In a statement on the X platform, he clarified that his personal investment philosophy differs from the company's corporate treasury management. According to Saylor, when he says 'never sell Bitcoin,' it is wisdom shared among savers.
'I have never sold any of the Bitcoin I personally hold, not even a single satoshi,' Saylor stated. A satoshi is the smallest unit of Bitcoin, equivalent to one hundred-millionth of a Bitcoin. Saylor pointed out that as a publicly listed company, Strategy has disclosed since 2020 that it may buy or sell Bitcoin depending on capital management needs.
'Our unwavering belief in Bitcoin remains unchanged,' Saylor added. This recent clarification has sparked polarized views within the crypto community. Trader Crypto Patel stated that holding during times of extreme volatility is far more challenging than just talking about it, adding that long-term persistence is the real key.