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Strategy sold Bitcoin to prove it can monetize BTC without crashing the market, says Michael Saylor.

Market News
09 Aug 2026
Blockonomi
View Source
Bullish
Strategy sold Bitcoin to prove it can monetize BTC without crashing the market, says Michael Saylor.

Michael Saylor revealed that Strategy's recent sale of 32 Bitcoin, worth about $2.5 million near $59,000-$60,000, was intended to demonstrate that the company can liquidate BTC holdings without causing a market crash. This move was designed to counter fears that selling Bitcoin would force the company into a 'doom loop' of issuing more stock to pay dividends. Saylor emphasized that Strategy's treasury is flexible enough to support dividends through modest Bitcoin appreciation (around 3.2%) without relying on stock issuance. Bitcoin remains cautiously bullish above $65,000, with resistance near $65,200-$65,300 potentially signaling the next price move. The sale challenges the idea that large institutional Bitcoin holders are trapped and unable to monetize their holdings without destabilizing the market.

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