Saylor's Bitcoin journey in a nutshell.
2013: Tweeted: "Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling."
2020: Strategy adopted Bitcoin as its primary treasury reserve asset.
2021–2024: Strategy repeatedly raised debt and equity to buy more Bitcoin.
2024: "Bitcoin is going up forever Laura!"
2026: As Bitcoin corrected towards $90k Michael reckoned that the bottom is in calling it an incredible buying opportunity.
June 2026: Amid a prolonged Bitcoin downturn and mounting financing costs, Strategy announced it could sell up to $1.25 billion of Bitcoin as part of a broader refinancing and liquidity plan to service debt, dividends, buy back stock, and maintain cash reserves—marking a significant shift from its earlier "never sell" messaging.
Everyone's Bitcoin hero is redefining the buy high and sell low mantra after racking up over $14 Billion in debt. If I had STR shares, I'd dump them while they're still worth something.
