Michael Saylor, Chairman of MicroStrategy, revealed in an interview that the company might sell some of its Bitcoin holdings before the end of the year. This marks a potential shift from Saylor's previous commitment to never sell. The company is also considering managing its U.S. dollar and cash positions through stock sales and credit instruments. MicroStrategy currently holds approximately $65 billion in Bitcoin, with 843,768 Bitcoins acquired at an average price of $75,700 each. The company's long-term strategy aims to maximize Bitcoin holdings per share by 2033.
MicroStrategy May Sell Bitcoin Holdings by Year-End, Says Michael Saylor
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