Guavy AI Editorial TeamSentiment: -2Clout: 85

Saylor Proposes Selling Strategy's Bitcoin Holdings to Preserve Long-Term Interests

Strategy's executive chairman, Michael Saylor, has sparked conversation within the Bitcoin community with his recent suggestion to sell a portion of the company's Bitcoin holdings.

Saylor made these comments during Strategy's earnings call, where he highlighted the importance of maintaining liquidity in the asset. He explained that if it were perceived as an illiquid asset, their credit rating could be affected.

Strategy has consistently been buying Bitcoin since 2020 and currently holds around $65 billion worth of the cryptocurrency at an average purchase price of $75,540 per coin.