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What does Michael Saylor know?
"32 BTC Sold" 🔴
Let's walk through what actually happened in May 2026, because the timeline is worth reading carefully.
> May 5: Q1 earnings call. Strategy reports a $12.5B accounting loss. Saylor and CEO Phong Le quietly open the door to selling "some" BTC to fund dividends. Stock dips and CT panics.
> May 7: Saylor tweets "Buy more bitcoin than you sell." Classic damage control or genuine conviction? You decide.
> May 11-18: Small BTC purchases resume. But Strategy also starts moving BTC to exchanges. On-chain trackers start raising eyebrows.
> May 25: Holdings hit 843,738 BTC. Debt repurchased. New preferred stock issued. Everything looks fine on the surface.
> June 1 (Today) : The 32 BTC sale gets disclosed. The Bitcoin sale was a calculated move to fund preferred stock dividends without issuing more dilutive equity.
A rounding error on 843,738 BTC total holdings.
His exact words on the Q1 earnings call: sell a little BTC, "inoculate the market," prove to short sellers that Strategy has options beyond printing shares.
Buy more than you sell.
171,000+ BTC added in 2026 alone and 32 sold.
But the shift from "never sell" to "we'll sell when the math says so" is not a small thing.
Saylor's playbook is still the most aggressive Bitcoin bet in institutional history.
We're just not sure the rules are the same anymore.