Michael Saylor says he’s never sold his personal bitcoin after Strategy dumps more BTC

As his leading Bitcoin treasury continues to sell bitcoin, Michael Saylor has cleared the air on his personal stash."When I say 'Never Sell Your Bitcoin,' I speak as one saver to another. I have never sold mine," Saylor wrote in a post to X. "Not one satoshi. Strategy is a public company, not my wallet."The post comes a few hours after Strategy Inc (MSTR) disclosed that last week it sold 1,638 bitcoin for approximately $104.7 million, reducing its total holdings to 842,138 BTC.After consistently building up its bitcoin reserve (BTC) on a seemingly weekly basis over the past two years, the firm sold 32 BTC at the end of May, which was the first net reduction in Strategy's bitcoin holdings that wasn't part of a tax-loss harvesting strategy.Strategy has since paused its bitcoin acquisitions for five weeks ending July 26, while lifting its USD reserve by $525 million to $3.75 billion, The Block previously reported."Since 2020, it has disclosed it may buy or sell $BTC to manage capital. Our shared conviction in Bitcoin remains unchanged," Saylor said in Monday's post.The sales have come as Strategy's common stock has plummeted since peaking over $400 per share in July 2025. Shares traded around $94.78 at publication time, according to The Block's equities price data. The stock has dropped 40% year to date and 70% over the past 12 months.Proceeds from most recent sales were used to fund payment of distributions on preferred stock and to fund repurchases of STRC, its perpetual preferred stock offering."We view the move as consistent with management's stated priority of restoring STRC to near-par trading levels," TD Cowen wrote in a brief note to clients on Monday. "More broadly, the recent Coldcard incident highlights the continuing shift from retail self-custody toward institutional bitcoin ownership and custody infrastructure."Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.