Michael Saylor Clarifies $5B Bitcoin Sale Claims, Says Strategy Will Remain ‘Net Buyer’ of BTC

Strategy’s co-founder, Michael Saylor, has clarified that his company’s plan to sell up to $5 billion of Bitcoin was what they authorized under the previously announced $BTC monetization program. This follows reports today that the Bitcoin treasury firm had authorized a $BTC sale of up to $5 billion after it posted a quarterly loss of $8.22 billion in the second quarter of this year.