Is Strategy going to sell coins? Michael Saylor hints for the first time: It's not impossible this year

Recently, Strategy (formerly MicroStrategy) Chairman Michael Saylor explicitly stated that the company might sell some Bitcoin in 2026, marking a softening of his long-held stance of "never selling" in recent times.

Saylor said in an interview that the company plans to sell some Bitcoin before the end of this year. He explained that the company's ultimate goal is to maximize Bitcoin holdings per share by 2033, and all current decisions, including potential sales, are aimed at optimizing this long-term metric.

Additionally, he revealed in another podcast that the consideration to sell some Bitcoin is also related to credit ratings. If the market believes the company will never sell Bitcoin, credit rating agencies might not consider it a valid asset, which could affect the company's financing ability.

As of press time, Strategy currently holds 843,738 Bitcoins, with an average purchase cost of about $75,700 per coin. The current Bitcoin price is approximately $75,400, approaching or slightly below its average cost.

It is noteworthy that this is the first time since Strategy began purchasing Bitcoin in 2020 that BTC's price has fallen below Strategy's average holding cost.

Previously, each time the company announced a buy-in, it was seen as a bullish signal by the crypto community. But since it has never announced a sale, the market's reaction to a real sell-off remains uncertain.

According to Google Finance data, Strategy's stock (MSTR) closed at $159.89 today, down more than 10% over the past 30 days, reflecting market concerns about its Bitcoin strategy.

Overall, Saylor's statement indicates that Strategy is shifting from a "buy-only" approach to a more flexible management aimed at maximizing the value of Bitcoin per share, opening new expectations in the market.

However, for investors, this move could impact market confidence. Because if Strategy actually begins to reduce its Bitcoin holdings, it could cause significant shocks to market sentiment.

#Strategy # Bitcoin holdings