Michael Saylor: Admits Selling Bitcoin
Michael Saylor reveals MicroStrategy will sell Bitcoin to pay dividends, shifting from hold-forever stance amid BTC price at $81K and bullish trends.
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Michael Saylor, the outspoken CEO of MicroStrategy, just dropped a bombshell admission that flips his long-standing 'never sell' mantra on its head. In a fresh quote, Saylor explains the strategy: buy #Bitcoin with credit, watch it appreciate, then sell portions to cover dividends. This pivot comes as MicroStrategy grapples with massive debt loads from its aggressive BTC accumulation, echoing recent reports of a staggering $12.54 billion Q1 loss that pressured the firm toward liquidating assets for obligations.
Historically, Saylor built his empire on a debt-fueled Bitcoin bet, amassing holdings that ballooned in value but now face scrutiny in a volatile market. Just months ago, analysts warned this house-of-cards approach could crumble if crypto market crash scenarios unfold, yet Saylor's team pushed forward with bold acquisitions. Now, with this sell-to-pay-dividends tactic, MicroStrategy signals a pragmatic shift, potentially influencing BTC price prediction models as institutional holders eye similar exits amid rising AI industry impact on tech valuations.
Zooming into the 4-hour BTC chart, price action screams controlled bullish momentum with the asset grinding higher at $81,264.49, comfortably above the EMA50 support at $78,904.38 and the longer-term EMA200 at $75,271.66. MACD flashes a golden cross at 910.92, confirming upside strength, while RSI at 63.18 sits neutral but edging toward overbought territory. Volatility squeezes as Bitcoin hugs the upper Bollinger Band resistance near $82,363.26, setting up a classic exhaustion play—expect a tactical pullback to test that EMA50 confluence before bulls reload for the next leg up, especially if dip-buyers defend the lower band support at $77,620.13.
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