Michael Saylor clarifies Strategy’s Bitcoin stance: never be a net seller
Summary
Michael Saylor, executive chairman of Strategy, has addressed concerns regarding the company's massive Bitcoin holdings following reports of a $12.54 billion net loss in Q1 2026. Despite skepticism from critics like Peter Schiff, who compare the company's financial model to a Ponzi scheme, Saylor insists that Strategy uses standard corporate finance tools to accumulate Bitcoin. He clarified that while the firm may sell small amounts of Bitcoin to cover obligations, it operates on a model where it acquires 10 to 20 times more Bitcoin for every coin sold, ensuring they remain net buyers.
(Source:Crypto Briefing)