Michael Saylor Announces Bitcoin Sale, Contrary to Previous Stance

On May 31, Michael Saylor of Strategy (NASDAQ: MSTR) reversed his 'never sell your Bitcoin' stance by selling 32 BTC for $2.5 million and also sold shares worth $128.3 million. The news caused a drop in the company's stock price.

By Pooja Rajkumari · TheStreet · June 1, 2026, 15:30 UTC

Michael Saylor Announces Bitcoin Sale, Contrary to Previous Stance

Tickers: $BTC $MSTR

Topics: Bitcoin market reaction Michael Saylor MicroStrategy stock sales

Read the full article at TheStreet

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