Michael Saylor: MicroStrategy Could Sell Some Bitcoin by 2026

MicroStrategy Chairman Michael Saylor said the company is "unlikely to never sell any Bitcoin," indicating it could dispose of a portion of its BTC holdings before the end of 2026—a further shift away from its long-held "never sell" posture, Mars Finance reported on May 23. Saylor said MicroStrategy may eventually manage its U.S. dollar liquidity more dynamically, potentially selling a mix of Bitcoin, equities and debt instruments to support its long-term aim of maximizing Bitcoin per share. He added that the company's core objective is to increase BTC held per share through 2033. MicroStrategy currently holds about 843,800 BTC, valued at roughly $65 billion, with an average purchase price near $75,700 per coin. Bitcoin is trading around $75,958, close to the firm's overall cost basis. Market participants say any first meaningful reduction in the company's BTC position could weigh on sentiment, given its reputation as a consistent buyer of Bitcoin.