Saylor clarifies MicroStrategy will sell BTC if necessary

MicroStrategy founder Michael Saylor stated that the company will sell its Bitcoin holdings if necessary, clarifying that his previous advice to 'never sell' was intended for individual investors, not the corporation. Speaking at a Bitcoin event in Prague, Saylor explained that he has never claimed the company would not sell its BTC. He emphasized that one cannot bankrupt a $100 billion company and that this position has been clearly communicated in company earnings calls and filings for the past five years. The clarification, captured in a video posted on X by JAN3 CTO Alex Bragin, came in response to social media users who criticized Saylor for seemingly contradicting his own advice. Earlier this month, MicroStrategy sold 32 BTC at an average price of $77,135. Fortune magazine has also suggested that the company might be compelled to sell more BTC if the burden of its preferred stock dividends increases.