Will Michael Saylor Have to Sell Parts of His Bitcoin Stash?
Yo, crypto fans! Let’s talk about Michael Saylor and his company, Strategy, who’ve been making waves with their massive Bitcoin haul. Saylor’s been a Bitcoin cheerleader for years, famously saying he’d never sell—his company’s sitting on over 528,000 BTC, worth billions!
But now, things are getting shaky. A recent article spills the tea: Strategy might have to sell some of that Bitcoin if prices keep tanking. Why? Well, they’re dealing with a hefty $8 billion debt, plus $35 million in yearly interest and $150 million in dividends.
Their software biz isn’t raking in enough cash to cover all that, and with Bitcoin’s price dropping (it’s already down 30% from its peak), they’re staring at a $6 billion unrealized loss for Q1 2025. If they can’t snag new financing, selling Bitcoin might be their only move to pay the bills—even if it’s at a loss.
Saylor’s “never sell” vibe is being put to the test big time! Want the full scoop? Check it out at https://www.ipaddressguide.org/michael-saylor-and-strategy-face-pressure-to-sell-bitcoin-holdings/.