Strategy has sold nearly 7,000 BTC in 2026
Michael Saylor’s Strategy has sold 6,948 BTC in 2026, raising $431.8M as part of its BTC monetization program.
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Michael Saylor’s Strategy has sold 6,948 BTC in 2026, raising $431.8M as part of its BTC monetization program.
Michael Saylor shared a cringeworthy earnings call this week, prompting disgust from Bitcoiners sick of Strategy selling its BTC.
— Michael Saylor, MicroStrategy
Strategy’s basic mNAV stood at 2.04x two years ago. On Wednesday it read 0.68x, a decline of exactly two-thirds.
Michael Saylor’s 2.5x mNAV anti-dilution pledge lasted less than three weeks. Strategy has sold $14.3B of MSTR below that mNAV since.
Strive told shareholders that it was choosing to hold STRC instead of idle cash, a swap that has cost shareholders millions of dollars.
— Michael Saylor, MicroStrategy
Michael Saylor keeps raising cash for STRC holders who've watched him shift his promises, so the discount below par is persisting.
The effective yield of STRC is 14% with a 28% total return on offer, yet it still cannot hold the $100 par value that Strategy intends.
With the price of BTC and Strategy crashing, Michael Saylor grew frustrated with another reporter’s questions, ending the interview cold.
Kash Patel reportedly forgot to disclose a six-figure Strategy stock purchase last year after some "miscommunication."
A new audit of Michael Saylor’s posts charts the moment BTC's loudest evangelist switched his focus to credit.