Michael Saylor Shuts Down Viral $5 Billion MicroStrategy Bitcoin Sale Claims
Michael Saylor says the $5 billion Bitcoin sale story that tore throughout X (Twitter) this weekend was by no means information in any respect. Every greenback of it, he says, was made public a month in the past.
The declare unfold quick. MicroStrategy (now Strategy) had simply gained approval to promote as much as $5 billion in Bitcoin (BTC), the posts mentioned. Saylor known as it outdated information in a brand new wrapper.
Where the $5 Billion Number Came From
MicroStrategy announced a brand new capital plan on June 29, 2026. Inside it sits a BTC Monetization Program. The program lets the corporate promote Bitcoin. It by no means makes it.
The plan set 4 spending limits.
- $1.25 billion to rebuild its money reserve
- $1 billion to purchase again most well-liked shares
- $1 billion to purchase again widespread inventory
- About $1.76 billion a 12 months in dividend and curiosity payments
Add them up and also you get $5.01 billion. That is the viral quantity. It went public 5 weeks in the past.
Why did the money reserve want rebuilding? It had shrunk to $871 million by May 25. MicroStrategy had simply spent $1.38 billion of money clearing debt.
BeInCrypto coated the shift toward active management when the plan landed.
The Never Sell Rule That Never Existed
So why did anybody suppose MicroStrategy would by no means promote?
Because Saylor mentioned so. He posted “Never promote your Bitcoin” in February 2025. Followers handled the road as regulation.
The firm had already moved on. Chief Executive Phong Le mentioned on May 26 that promoting Bitcoin was a part of the toolkit. He mentioned buyers heard it on the primary quarter earnings call.
That was 5 weeks earlier than June 29. MicroStrategy’s first sale since 2022 got here days later, to cowl a dividend.
Saylor now separates his personal recommendation from firm coverage.
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We have by no means had a “by no means promote” coverage. The program doesn’t require any BTC sale, and we count on to stay a web purchaser of Bitcoin over time.
Watcher Guru, the account behind the viral put up, has since deleted it.
What the Numbers Actually Show
Timing is the entire struggle. MicroStrategy reported an $8.22 billion loss on July 30. Almost all of it was on paper. Bitcoin fell, so the worth of its stack fell too.
Calling a June choice a response to a July loss will get the order backwards.
The buying and selling says lots. MicroStrategy purchased 85,296 Bitcoin between April and June. It offered 1,395. That is 61 purchased for each one offered. The stack nonetheless grew 11% to 846,000 BTC.
Sales this 12 months hit $218.4 million by July 26. All of it paid dividends. That is 0.4% of a stack price $54.8 billion.
Selling is choosing up, although. Roughly $135 million of that got here in July alone. That beats the entire second quarter. MicroStrategy has additionally paused its Bitcoin purchases for 5 weeks.
Bitcoin traded close to $63,378 on Sunday, about half its October document. Staying a web purchaser now rests on low cost cash, not perception.
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