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Saylor says he never sold personal Bitcoin as Strategy's treasury sales draw criticism

Saylor says he never sold personal Bitcoin as Strategy's treasury sales draw criticism

The company says its board-approved BTC monetization program is part of capital management after selling 1,638 BTC and lifting dollar reserves to $4 billion.

BTC

Fact Check
Every specific element of the claim is corroborated across multiple independent sources. Wu Blockchain (citing Investors.com), CoinGabbar, and Bitcoin News (@BitcoinNewsCom) all report Strategy may monetize up to $5 billion in Bitcoin, with CEO Phong Le attributing the plan to boosting USD reserves ($1.25B), covering ~$1.76 billion in annual dividend/interest obligations, and supporting up to $2 billion in buybacks. The $2 billion buyback and $1.76 billion annual dividend figures also trace back to Strategy's late-June 2026 capital framework announcement (Bitcoin Magazine). Figures match precisely across all sources. The only limitation is that these are secondary reports citing the primary Investors.com report and Q2 earnings call rather than a directly-fetched Strategy IR filing.
Summary

Michael Saylor said he has never sold any of his personally held Bitcoin, drawing a distinction between his long-running message to savers and Strategy's corporate treasury operations after the company sold 1,638 BTC for $104.73 million last week. Strategy said its Board of Directors authorized a BTC monetization program in June under which it may sell BTC from time to time to fund its USD Reserve as well as preferred stock dividends and interest expenses. The latest Bitcoin sale, alongside $290.6 million raised through common stock, reduced the company's holdings to 842,138 BTC and increased its USD reserve by $250 million to $4 billion. Saylor said Strategy has disclosed since 2020 that it may buy or sell BTC to manage capital while keeping its conviction in Bitcoin unchanged, and Peter Schiff argued the company's earlier messaging had created a different impression.

Terms & Concepts
  • BTC monetization program: A company policy that allows periodic Bitcoin sales to raise cash for reserves or other financial obligations.
  • capital management: How a company uses cash, assets and financing to support liquidity and meet obligations.
  • preferred stock dividends: Payments due to holders of preferred shares, which usually have priority over common stock payouts.