Michael Saylor is the world’s foremost Bitcoin buyer. “You do not sell your Bitcoin,” wrote the crypto billionaire in October. But, on a Tuesday earnings call, Saylor, whose company Strategy has accumulated $65 billion in Bitcoin since 2020, changed his tune: “We will probably sell some Bitcoin to fund a dividend just to inoculate the market.”
His seeming about-face surprised devotees and analysts. In an interview with Fortune, the laser-eyed icon of Bitcoin bulls defended his rhetorical shift as a strategic brushback aimed at short sellers and Strategy detractors.
“The haters… the skeptics and the short-sellers don’t recognize that we’re just selling a Bitcoin derivative, and we have the option to sell the…
