The Michael Saylor Strategy story took a turn on May 5, 2026, after the co-founder admitted that the firm would consider selling  for the first time since switching to a corporate Bitcoin model in August 2020, marking a structural departure from its prior absolute no-sell stance.

The company holds approximately $67Bn in Bitcoin, the largest corporate BTC position on earth, and has accumulated roughly 304,500 BTC against $4.1Bn in convertible notes due primarily in 2027 and 2028. That debt load, not a shift in conviction, is the mechanism forcing the conversation.

The significance extends beyond ’s own balance sheet. Saylor built the Digital Asset Treasury (DAT) model on the premise that Bitcoin, held indefinitely and financed…