BlockBeats News, May 6th, Strategy founder Michael Saylor broke his "Never sell your Bitcoin" stance for the first time during the Q1 2026 earnings call live stream, stating that the company may sell a portion of its Bitcoin holdings to pay a dividend. He said, "We might sell some Bitcoin to pay a dividend, with the purpose of desensitizing the market and signaling that we have indeed done so."
Michael Saylor has long publicly advocated "Never sell your Bitcoin," repeatedly emphasizing this on CNBC, Bloomberg, and Twitter, and even pledging to donate his Bitcoin to Bitcoin-supporting organizations after his death. To date, Strategy's treasury has not sold a single Bitcoin, which is the commitment baseline in public perception.
In the 10-K document submitted to the SEC by Strategy in April 2025, a risk disclosure appeared: without new financing, the company may be forced to sell Bitcoin to cover financial obligations. This led to speculation in the market that Michael Saylor was about to sell, but Saylor immediately publicly denied it, calling the scenario "highly unlikely." In an interview in February 2026, he once again categorized the speculation of a forced sale of Bitcoin as "baseless."
In the financial report text, Strategy's wording has always retained the right to "forced sale of Bitcoin." At the end of the financial report, Strategy wrote, "It is to be noted that if future convertible debt is not converted into stock upon maturity, the company may be forced to sell Bitcoin or common stock to repay the debt, not with the intention of actively seeking profit-taking."
