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Michael Saylor Believes Liquidity Will Return to Crypto After AI Euphoria Fades
Michael Saylor gave a firm clarification regarding his company's Bitcoin sale that had sparked panic in the crypto market. Speaking on the New Era Finance Podcast, aired on Tuesday (June 30), Saylor denied the assumption that Strategy had abandoned its Bitcoin accumulation strategy. He explained that the sale transaction was very small, only 32 Bitcoin, or equivalent to 0.02% of the company's total assets, compared to the accumulation of 175,000 Bitcoin throughout 2026.
Saylor explained that the move was a rational decision for a company operating as a treasury company. The sale was conducted to meet dividend obligations to credit investors and maintain the company's equity#GateCompletesDividendDistribution