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First, he said to actively sell coins! Michael Saylor breaks the stance of never selling proactively, and may sell Bitcoin to pay dividends.
Mars Finance News, Strategy founder Michael Saylor has broken his stance of never selling proactively for the first time, stating during the live Q1 2026 earnings call that the company may sell some of its Bitcoin holdings to pay dividends. He said: “We might sell some Bitcoin to pay dividends, aiming to desensitize the market and send a signal that we have indeed done so.” Michael Saylor has long maintained a public stance of “Never sell your Bitcoin,” repeatedly reaffirming this on CNBC, Bloomberg, and X, even promising to donate his Bitcoin to organizations that support Bitcoin after his death. Strategy’s treasury has never sold a single Bitcoin, which is the baseline of the public commitment. In April 2025, Strategy submitted a 10-K filing to the SEC that included a risk disclosure: without new financing, the company might be forced to sell Bitcoin to cover financial obligations. The market once speculated that Michael Saylor was about to sell, but Saylor immediately publicly denied this, calling the scenario “highly unlikely.” In the financial report, Strategy’s language has always reserved the right to “be forced to sell Bitcoin.” At the end of the report, Strategy wrote, “It should be noted that if future convertible debt matures without being converted into stock, the company may be forced to sell Bitcoin or common stock to repay the debt, which is not an active profit-taking intention.”