Michael Saylor, the founder of Strategy, has clarified his famous "never sell" stance after the company came under scrutiny for its recent sale of 32 BTC , the first time since 2022.
Clearly distinguish between individuals and companies.
Saylor asserted that his frequent use of the phrase "never sell" was merely a recommendation to individual investors not to sell their Bitcoin; it was advice on long-term investment philosophy for the average user, not a commitment to the company's operational strategy.
He emphasized that anyone who has followed Strategy's earnings calls or disclosure documents over the past five years understands that the company is perfectly capable of selling Bitcoin when necessary; this is nothing new or surprising to those who closely follow the company.
Background: Quelling the controversy following the sale of 32 BTC
This statement follows a chain of reactions from Strategy after the market was abuzz with the sale of 32 BTC, leading to Standard Chartered 's assessment that this could be the beginning of a period where ETH outperforms BTC, and CEO Phong Le's earlier statement refuting rumors that the company was reducing its Bitcoin position.
