Michael Saylor Rejects Report of New Strategy Bitcoin Sale Approval
Key Takeaways Saylor identified the reported $5 billion authorization as old news. The June framework permits bitcoin sales but requires none. Earlier sales funded preferred dividends and rebuilt cash reserves. Saylor Pushes Back on Viral Bitcoin Sale Claim Strategy Executive Chairman Michael Saylor pushed back Aug. 1 on reports that Strategy Inc. (Nasdaq: MSTR) had…
