Saylor's Company Unloads $105M Worth of Bitcoin Amid Asset Reduction

Michael Saylor's company, Strategy, sold 1,638 Bitcoin today for approximately $105 million. This sale reduced Strategy's total assets to 842,138 BTC.

The proceeds from the sale were used to finance preferred stock distributions and the repurchase of STRC shares. According to Strategy's official data, the average price per Bitcoin sold was $63,957.

Saylor stated that his personal Bitcoin investments and Strategy's capital management policies as a publicly traded company should be kept separate. He emphasized that when he advises individuals to 'never sell your Bitcoin,' he is speaking from one saver to another.

Saylor clarified that Strategy has publicly stated its ability to buy or sell Bitcoin since 2020, and that the company's fundamental belief in Bitcoin remains unchanged.