BCGAME - Free 5BTC Daily Bonus!- Strategy sells BTC and sparks debate in the market.
- Michael Saylor advocates for strategic Bitcoin sale.
- Strategy expands its reserves by purchasing more BTC.
The recent Bitcoin sale by Strategy has once again sparked discussions among investors and analysts in the cryptocurrency market. The company, known for its aggressive BTC accumulation strategy, sold 32 Bitcoins between May 26 and 31, generating approximately US$2,5 million.
Since the announcement of the operation on June 1st, Bitcoin has registered a drop of nearly 15%. During the same period, the company's shares, traded under the ticker MSTR, have accumulated an even greater devaluation, reaching approximately 24%.
During his participation in the BTC Prague conference, Michael Saylor directly addressed the criticism he received following the move. According to him, there is a difference between his vision for individual investors and the strategic needs of a publicly traded company.
"Besides, I told you never to sell your Bitcoins. I never said the company wouldn't sell Bitcoins. And anyone listening to our earnings call, reading our reports, or who has a modicum of intelligence knows that, for the past five years, we've made it perfectly clear that, of course, we would sell Bitcoins if necessary."
Here is the answer on stage of @BTCPrague why Michael @saylor Sold 32 BTC pic.twitter.com/5vGM0P9Rwh
— Alex Bragin (@BraginRights) June 11, 2026
Saylor highlighted that the possibility of sales has always been present in the company's corporate documents. The recent transaction occurred at an average price of US$77.135 per unit, a value higher than the company's average acquisition cost, estimated at US$75.699 per Bitcoin.
The transaction represented Strategy's first significant BTC sale in several years. The previous move had occurred in December 2022, a period marked by a cryptocurrency bear market following the collapse of FTX and strong pressure on companies in the sector.
The decision generated immediate reactions. Among the critics was Jim Cramer, who posted the phrase "Saylor murdered Bitcoin" on his social media.
While Saylor attributed some of BTC's recent weakness to strong investor interest in artificial intelligence companies, this interpretation met with resistance within the market. Jeff Dorman, chief investment officer at Arca, stated in a report sent to investors that the main cause of the selling pressure was precisely the sale carried out by Strategy.
According to Dorman, the drop was "clearly due to the news about Saylor/MSTR," despite what he described as "psychological manipulation" promoted by Bitcoin advocates.
Despite criticism, Strategy maintained its policy of expanding its Bitcoin holdings. Recently, the company added another 1.550 BTC to its coffers in an acquisition exceeding US$100 million. With this, the company now controls 845.256 Bitcoins, purchased at an average price of US$75.680 per unit, consolidating its position as the largest corporate holder of the cryptocurrency.
