Michael Saylor defends Strategy's 846,842 BTC holdings against systemic risk claims, calling the firm a 'shock absorber' that stabilizes Bitcoin markets.

"The death-spiral story assumes that Strategy is one bad week from selling bitcoins, and it skips several steps to get there," said Benchmark.

Strategy sold 32 BTC for $2.5M to cover preferred stock dividends, sparking backlash. Saylor says his 'never sell' advice was always for individuals, not

Strategy acquired 1,587 Bitcoin for $100 million last week, lifting holdings to 846,842 BTC after raising $209 million through MSTR stock sales...

"Saylor put out a video talking about his yield with STRC...it was making it out that there is no risk involved," says Ward.

Strategy sold 32 BTC for $2.5 million to fund STRC preferred stock distributions, marking a major shift from Michael Saylor's famous 'never sell' Bitcoin

Strategy Inc. (NASDAQ:MSTR) Executive Chairman Michael Saylor rejected claims that his company poses a systemic risk to Bitcoin

Michael Saylor defends Strategy's 846,842 BTC holdings against systemic risk claims, calling the firm a 'shock absorber' that stabilizes Bitcoin markets.