Bitcoin mogul betrays his country, BTC price plummets.

After years of pursuing a "never sell" strategy, Strategy has liquidated its Bitcoin for the second time, signaling a change in how digital assets are managed.

Michael Saylor is adjusting Strategy's Bitcoin strategy after years of pursuing an absolute holding policy. Photo: Bloomberg .

Strategy, the company owned by billionaire Michael Saylor, sold 32 Bitcoins last week, marking only the second time in the company's history that it has sold the world's largest cryptocurrency. This action demonstrates a significant shift in its digital asset management strategy.

In a filing submitted to the U.S. Securities and Exchange Commission (SEC) on June 1st, Strategy reported selling 32 Bitcoins for approximately $2.5 million between May 26th and 31st, at an average price of $77,135 per coin. During the same period, the company also sold nearly 802,000 common shares, generating $128.3 million in revenue.

This news caused Strategy's stock to fall nearly 6%, while Bitcoin lost about 2% of its value and dropped to its lowest level since mid-April.

This is the second time Strategy has sold Bitcoin since beginning its large-scale digital asset accumulation strategy. The most recent instance occurred in December 2022, during the cryptocurrency market downturn following the collapse of the FTX exchange.

This move comes shortly after Strategy's leadership publicly changed its long-standing "never sell" stance, which Chairman Michael Saylor had pursued for years. Instead of simply buying and holding, the company said it would consider selling Bitcoin if it helped improve its capital structure, pay dividends, or enhance the Bitcoin per share ratio.

"We want to continue being a net Bitcoin accumulator, but more importantly, to increase the amount of Bitcoin per share because that's what creates long-term value for shareholders," CEO Phong Le said at the May earnings call.

The strategic shift comes after a turbulent quarter for Strategy. According to its Q1 2026 financial report, the company recorded a net loss of over $12.5 billion , equivalent to $38.25 per diluted share, far exceeding analysts' forecasts.

Nevertheless, the company's core software business continued to grow. First-quarter revenue reached $124.3 million , up nearly 12% year-on-year, while the gross profit margin remained above 67%.

Strategy's shift from a "buy and hold at all costs" model to a more flexible asset management strategy is seen by observers as a signal that even the biggest bettors on Bitcoin are having to adapt to the increasingly unpredictable volatility of the cryptocurrency market.

Source: https://znews.vn/ong-trum-bitcoin-phan-boi-gia-btc-lao-doc-post1656524.html