Crypto
Michael Saylor explains 32 BTC sale, says it was for digital credit business
Michael Saylor said Strategy\'s recent bitcoin sale was not a change in investment strategy but a step to keep issuing dividend-type securities and bitcoin-based digital credit products. He said the company must retain the ability to sell bitcoin to maintain liquidity. The comments followed a filing disclosing the sale of 32 BTC, its first reported sale since 2022. He also pointed to market volatility risks in digital credit models.
