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\n\t\t\t\t\t\t\t\t\tNever sell your bitcoin was not meant for companies, he explained. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Michael Saylor, co-founder, former CEO, and current Chairman of the world\u2019s largest corporate holder of bitcoin, spoke after the company announced its third BTC sale in the past few months.<\/p>\n
He weighed in on a statement he had made countless times in the past: \u201cNever sell your bitcoin,\u201d but noted that it was meant for \u201csavers.\u201d<\/p>\n
Saylor assured<\/a> that he, as an individual investor, has never sold a single BTC, but Strategy is a public company, \u201cnot my wallet.\u201d<\/p>\n \u201cSince 2020, it has disclosed it may buy or sell BTC to manage capital. Our shared conviction in Bitcoin remains unchanged.\u201d<\/p>\n<\/blockquote>\n Strategy disposed of<\/a> another 1,638 BTC in the past week, which builds on the 3,588 units sold at the end of June.<\/p>\n The company also used the capital to repurchase more of its own STRC shares. This reinforced the asset\u2019s price, which has climbed to $92. Although it\u2019s still below its par price of $100, it has rebounded swiftly from the recent lows of $75.<\/p>\n\n
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