Just a few days ago, it looked like investors were starting to lose faith in Strategy (MSTR). Bitcoin (BTCUSD) had plunged below the $60,000 mark, MSTR stock suffered its worst week since late 2022, and headlines focused on something many thought they would never see – Michael Saylor’s company had sold Bitcoin.
To be fair, the sale was small. Strategy unloaded just 32 Bitcoin for $2.5 million to meet preferred stock dividend obligations. But for a company built around Saylor’s famous “buy and hold forever” philosophy, even a slight sale was enough to spark fears that the playbook was changing. Some investors wondered whether Strategy was facing liquidity pressures, while others questioned whether the company’s commitment to Bitcoin was beginning to crack.
