Why did Michael Saylor suggest Strategy could sell Bitcoin?

Michael Saylor said the company may eventually sell portions of its Bitcoin holdings to fund shareholder dividends. He argued that having the option to sell gives Strategy more financial flexibility while still maintaining long-term Bitcoin exposure.

Why is Samson Mow supporting potential Bitcoin sales by Strategy?

Samson Mow said never selling Bitcoin limits a company’s strategic flexibility. He argued that optionality makes Strategy less predictable to traders, arbitrageurs and short sellers in public markets.

How much Bitcoin does Strategy own?

Strategy currently holds around 818,334 BTC, making it the largest publicly traded corporate Bitcoin treasury company in the world. Its holdings are significantly larger than those of other listed corporate Bitcoin buyers.

Why could Bitcoin sales matter for the crypto market?

Because Strategy holds such a large amount of Bitcoin, any meaningful sales could influence market sentiment and potentially impact spot BTC prices. Investors closely monitor the company because of its outsized position within the Bitcoin ecosystem.

What did Saylor mean by funding dividends with Bitcoin sales?

Saylor suggested Strategy could sell portions of its Bitcoin holdings to generate cash for dividend payments instead of issuing more shares. He argued this approach could help reduce shareholder dilution while maintaining exposure to Bitcoin appreciation.

What is Strategy’s average Bitcoin purchase price?

Strategy’s average Bitcoin acquisition cost is approximately $75,537 per BTC. With Bitcoin recently trading near $79,976, the company remains in a profitable position on its overall holdings.

Why is Strategy’s Bitcoin strategy controversial?

Some investors worry the company relies too heavily on debt and equity issuance to buy Bitcoin. Critics argue that leverage and repeated stock issuance could create financial risks and dilute existing shareholders if Bitcoin prices decline sharply.

How does Strategy fund its Bitcoin purchases?

The company has largely financed Bitcoin acquisitions through convertible debt offerings, preferred shares and equity issuance. This strategy has allowed Strategy to aggressively accumulate BTC over several years.

Samson Mow backs Strategy Bitcoin sale flexibility

Written by Heidi Cuthbert Published May. 8 2026

Strategy received support from Bitcoin advocate Samson Mow after company co-founder Michael Saylor suggested the firm may eventually sell portions of its Bitcoin holdings.

Mow argued that maintaining the ability to sell Bitcoin gives Strategy greater financial flexibility and makes the company less predictable to traders and short sellers.

“Never selling limits optionality,”

Mow said, adding that:

“Public markets are war. In war, you need all available tools at your disposal.”

Saylor made the comments during Strategy’s first-quarter earnings call, where he said the company could potentially sell Bitcoin to fund shareholder dividends while continuing to expand its long-term BTC position.

“We’ll probably sell some Bitcoin to fund a dividend, just to inoculate the market,”

Saylor said, adding that the company could theoretically fund dividends indefinitely if Bitcoin appreciates by more than 2.3% annually.

Strategy currently holds roughly 818,334 BTC, making it the largest publicly traded corporate Bitcoin treasury according to BitcoinTreasuries data.

The company’s average Bitcoin acquisition cost stands at approximately $75,537 per coin, while Bitcoin recently traded near $79,976 according to CoinMarketCap figures referenced in the report.

Strategy has funded much of its Bitcoin accumulation through a combination of corporate debt and equity issuance, a strategy that has attracted criticism from some investors concerned about leverage risks and shareholder dilution.

At the time of reporting, Bitcoin price was $79,606.45.