'Buy More Bitcoin Than You Sell': Michael Saylor Makes U-Turn Amid 22-Day Dry Spell

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. An important ideological and operational shift is beginning to take shape in the Strategy ecosystem as Michael Saylor , whose name for years was synonymous with the "HODL forever" slogan, has now pivoted to a more pragmatic formula he made public via a new X post - "Buy more Bitcoin than you sell". Advertisement This U-turn marks a transition toward a more flexible capital management model amid Saylor's market-shaking statement that Strategy may begin selling BTC to pay dividends on its preferred shares made during the Q1 2026 earnings call earlier this week. Buy more bitcoin than you sell. HOT Stories 'Kind of Sad': Ripple's Schwartz Hesitates to Share Bullish Crypto Views Zcash (ZEC) Is Crypto's Number One, Toncoin (TON) Dwarfs Solana (SOL), XRP Finally Breaks Key Resistance, but What's Early: Crypto Market Review — Michael Saylor (@saylor) May 7, 2026 Strategy's "money printer" hits the reality of $100 parity Not only did the company report a net loss of $12.54 billion, or $38.25 per share, due to the decline in the value of its Bitcoin holdings, but the situation is also being complicated by a temporary breakdown in the company's "money printer" - STRC. Since April 15, the preferred share issuance mechanism has stopped funding Bitcoin purchases after the securities fell below their $100 parity value. Advertisement To avoid halting expansion in April, Saylor had to pivot toward selling common MSTR shares through the company's ATM program. However, there were no Bitcoin purchases at all over the past week. Adding fuel to the fire, Strategy CEO Phong Le published 6 new capital management principles , with the final point officially permitting the company to "sell BTC when it is beneficial for the business". You Might Also Like Thu, 05/07/2026 - 09:26 Strategy CEO Phong Le Presents 6 Market Principles for Managing Company’s Bitcoin Holdings By Gamza Khanzadaev Advertisement Despite the rhetorical shift, Saylor continues his media offensive, calling the Strategy model "the most important chart in finance". He positions the company as a machine that converts digital capital (BTC) into digital credit (STRC) and equity capital (MSTR), and it seems like the strategy is no longer about buying forever, but about using Bitcoin efficiently to support the company's credit and equity structure. Annualized asset performance since Strategy adopted a Bitcoin standard on Aug. 10, 2020, Source: Strategy In this context, the "Buy more than you sell" formula appears to be an attempt to preserve Saylor's status as Bitcoin's leading optimist while simultaneously reassuring regulators and shareholders expecting dividends during a period of financial turbulence. #Michael Saylor #Bitcoin #MicroStrategy #Bitcoin News #MicroStrategy News #Strategy News