HomeVideos

Michael Saylor's Strategy sold off 3,588 bitcoin in the company's largest ever sale

Now Playing

Michael Saylor's Strategy sold off 3,588 bitcoin in the company's largest ever sale

Transcript

19 segments

0:00

Strategy sells 3,588

0:02

BTC. It's a fun digital credit

0:04

dividends. Now holds 843,775.

0:09

Going from the tactic that they had in

0:10

the past, which was just to simply raise

0:12

cash to buy Bitcoin, no matter what,

0:16

which is what they always did, and no

0:17

matter at what price, to now being a

0:19

full capital stack that they can utilize

0:21

to financially engineer their balance

0:24

sheet. He always said, "Never sell your

0:25

Bitcoin."

0:27

That was the

0:28

the the motto that he lived by, and then

0:30

of course it changed from "I'm never

0:32

going to I never said I'm not going to

0:33

sell our Bitcoin. You should just never

0:35

sell your Bitcoin." To now obviously

0:37

selling some of strategies Bitcoin.

Interactive Summary

MicroStrategy's financial strategy has evolved from a simple accumulation model of buying Bitcoin regardless of price to a more sophisticated approach involving full capital stack management to engineer their balance sheet, which has recently included the strategic sale of some Bitcoin holdings.

Suggested questions

1 ready-made prompts