Michael Saylor Backtracks From Sell a Kidney Stance to Selling Bitcoin
BeInCrypto
Michael Saylor announced that Strategy will likely sell a portion of its Bitcoin holdings to fund dividend payments following significant quarterly losses.Summary
Following a $12.54 billion first-quarter loss and a decline in Bitcoin's value, Michael Saylor has pivoted from his previous "never sell" stance. The company now plans to sell a portion of its 818,334 BTC holdings to cover dividend obligations. Saylor justifies this pragmatic shift as a way to "inoculate the market," while critics, including Peter Schiff, continue to question the sustainability of the firm's Bitcoin-backed financial structure.
(Source：BeInCrypto)