MicroStrategy's Saylor Says Company Will Buy 10-20 Bitcoin for Every One It Sells

GateNews

According to The Block, MicroStrategy Chairman Michael Saylor said over the weekend that the company will buy far more bitcoin than it sells, even as it considers using its BTC holdings to fund dividends. In podcast and CNBC interviews, Saylor stated: “In these periods, even if we were to sell one bitcoin, we’d be buying 10 to 20 more bitcoin.” He emphasized that the firm should be a net accumulator of bitcoin and end each year with more holdings than it started with. The company currently holds 818,334 BTC, worth approximately $66.2 billion.

Meanwhile, CEO Phong Le said the company would consider selling bitcoin to fund its STRC perpetual preferred stock program when doing so is “more accretive to shareholders,” specifically on a bitcoin-per-share basis. Le also highlighted that MicroStrategy’s software and AI business achieved its strongest quarter in a decade during Q1 2026, with revenue rising 12%.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments