MicroStrategy sets a $1.25 billion cap to potentially liquidate BTC, marking its first formal sale framework despite a long-held ‘never sell’ stance.
MicroStrategy, the largest corporate holder of Bitcoin, has authorized a program to sell up to $1.25 billion of its BTC holdings to bolster its USD reserve. The move introduces a formal mechanism for liquidation, a shift from its co-founder Michael Saylor’s long-standing ‘never sell’ Bitcoin philosophy.