Saylor: Strategy Could Sell Bitcoin if Needed to Protect Liquidity

CoinDesk reported that Strategy Executive Chairman Michael Saylor said in a recent podcast interview that companies should not treat "never selling Bitcoin" as an ironclad rule. In his view, when Bitcoin is held as a corporate treasury asset, it must remain liquid so it can be used in periods of stress. Saylor's comments echo remarks from Strategy's first-quarter earnings call, when he said the company could, in certain scenarios, sell Bitcoin to maintain market confidence or steady operations during episodes of market panic. Despite the discussion, Strategy continues to add to its position. The company began buying Bitcoin in August 2020 and now holds 818,869 BTC at an average purchase price of about $75,540 per coin. From May 4 to May 10, it bought an additional 535 BTC for roughly $43 million, paying an average of about $80,340 per BTC. The possibility of sales has stirred debate across the crypto community. Observers are watching for any shift in the firm's long-term treasury approach, even as Strategy keeps expanding its holdings. Strategy was among the first public companies to add Bitcoin to its corporate treasury, and changes to its position have remained a closely tracked market signal.