Why did Michael Saylor discuss the possibility of selling Bitcoin?

Michael Saylor said maintaining absolute “never sell” messaging could weaken perceptions of Bitcoin as a liquid financial asset. He argued Strategy may need flexibility to access bitcoin liquidity if necessary.

Did Strategy say it plans to sell its Bitcoin holdings soon?

No. Strategy did not announce any immediate plans to sell bitcoin. Saylor said the company simply wants markets and credit agencies to understand that its holdings remain financially usable assets.

Why does liquidity matter for Bitcoin holders like Strategy?

Liquidity measures how easily an asset can be bought or sold without significantly affecting price. Saylor argued that signalling the ability to sell bitcoin when needed reinforces confidence that the asset retains practical financial value.

How much Bitcoin does Strategy currently own?

Strategy currently holds approximately 818,869 BTC acquired at an average purchase price of around $75,540 per coin. The holdings are valued at roughly $65 billion based on recent market prices.

Why are credit rating agencies important for Strategy?

Credit rating agencies assess a company’s financial strength and debt risk. Saylor suggested agencies could question bitcoin’s status as a balance sheet asset if Strategy publicly committed to never using or selling its holdings under any circumstance.

Why did Saylor’s comments attract attention in the Bitcoin community?

Saylor has long been associated with the “never sell your Bitcoin” philosophy and aggressive long-term accumulation. Any suggestion of potential future sales therefore sparked debate among bitcoin supporters and investors.

What did Saylor mean by “inoculating” the market?

Saylor previously suggested Strategy could theoretically sell bitcoin during periods of market panic to stabilise confidence or reinforce financial flexibility. The concept refers more to managing perception and liquidity than abandoning long-term bitcoin exposure.

Has Strategy continued buying Bitcoin despite these comments?

Yes. Strategy recently disclosed another bitcoin purchase, continuing the accumulation strategy it began in 2020. The company remains one of the world’s largest corporate bitcoin holders.

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Michael Saylor signals flexibility on Bitcoin sales

Written by Jon CuthbertPublished May 18, 2026, 2:31 AM

Michael Saylor said Strategy may need to retain the ability to sell Bitcoin in certain circumstances to preserve confidence in the asset’s liquidity and financial utility.

Speaking on The Wolf Of All Streets podcast, Saylor said a rigid commitment to never selling bitcoin could create concerns among credit rating agencies and investors evaluating the company’s balance sheet.

“If the market thought we would never sell it, the credit rating agencies would say, ‘Well then, I guess it’s not an asset,’”

Saylor said, referring to Strategy’s bitcoin holdings valued at roughly $65 billion.

Saylor added that bitcoin markets currently provide between $20 billion and $100 billion in liquidity independent of Strategy’s equity or debt structure, making it important for the company to signal it can access that liquidity if necessary.

The comments followed speculation within the bitcoin community after Saylor previously suggested Strategy could sell bitcoin to “inoculate” markets against panic or reinforce confidence in the company during periods of financial stress.

Strategy has accumulated bitcoin continuously since 2020 and currently holds approximately 818,869 BTC at an average acquisition price of around $75,540 per coin.

Despite the comments, Saylor has continued publicly supporting long-term bitcoin accumulation, recently posting on X that investors should “Buy more bitcoin than you sell.”

At the time of reporting, Bitcoin price was $76,988.48.