Yo, crypto fans! Let’s talk about Michael Saylor and his company, Strategy, who’ve been making waves with their massive Bitcoin haul. Saylor’s been a Bitcoin cheerleader for years, famously saying he’d never sell—his company’s sitting on over 528,000 BTC, worth billions!
But now, things are getting shaky. A recent article spills the tea: Strategy might have to sell some of that Bitcoin if prices keep tanking. Why? Well, they’re dealing with a hefty $8 billion debt, plus $35 million in yearly interest and $150 million in dividends.
Their software biz isn’t raking in enough cash to cover all that, and with Bitcoin’s price dropping (it’s already down 30% from its peak), they’re staring at a $6 billion unrealized loss for Q1 2025. If they can’t snag new financing, selling Bitcoin might be their only move to pay the bills—even if it’s at a loss.
Saylor’s “never sell” vibe is being put to the test big time! Want the full scoop? Check it out at https://www.ipaddressguide.org/michael-saylor-and-strategy-face-pressure-to-sell-bitcoin-holdings/.