Michael Saylor says the $5 billion Bitcoin sale story that tore throughout X (Twitter) this weekend was by no means information in any respect. Each greenback of it, he says, was made public a month in the past.
The declare unfold quick. MicroStrategy (now Technique) had simply received approval to promote as much as $5 billion in Bitcoin (BTC), the posts stated. Saylor known as it outdated information in a brand new wrapper.
The place the $5 Billion Quantity Got here From
MicroStrategy introduced a brand new capital plan on June 29, 2026. Inside it sits a BTC Monetization Program. This system lets the corporate promote Bitcoin. It by no means makes it.
The plan set 4 spending limits.
- $1.25 billion to rebuild its money reserve
- $1 billion to purchase again most well-liked shares
- $1 billion to purchase again frequent inventory
- About $1.76 billion a yr in dividend and curiosity payments
Add them up and also you get $5.01 billion. That’s the viral quantity. It went public 5 weeks in the past.
Why did the money reserve want rebuilding? It had shrunk to $871 million by Might 25. MicroStrategy had simply spent $1.38 billion of money clearing debt.
BeInCrypto lined the shift towards energetic administration when the plan landed.
The By no means Promote Rule That By no means Existed
So why did anybody assume MicroStrategy would by no means promote?
As a result of Saylor stated so. He posted “By no means promote your Bitcoin” in February 2025. Followers handled the road as regulation.
The corporate had already moved on. Chief Govt Phong Le stated on Might 26 that promoting Bitcoin was a part of the toolkit. He stated buyers heard it on the primary quarter earnings name.
That was 5 weeks earlier than June 29. MicroStrategy’s first sale since 2022 got here days later, to cowl a dividend.
Saylor now separates his personal recommendation from firm coverage.
Comply with us on X to get the newest information because it occurs
We have now by no means had a “by no means promote” coverage. This system doesn’t require any BTC sale, and we anticipate to stay a web purchaser of Bitcoin over time.
Watcher Guru, the account behind the viral publish, has since deleted it.
What the Numbers Truly Present
Timing is the entire struggle. MicroStrategy reported an $8.22 billion loss on July 30. Virtually all of it was on paper. Bitcoin fell, so the worth of its stack fell too.
Calling a June resolution a response to a July loss will get the order backwards.
The buying and selling says loads. MicroStrategy purchased 85,296 Bitcoin between April and June. It bought 1,395. That’s 61 purchased for each one bought. The stack nonetheless grew 11% to 846,000 BTC.
Gross sales this yr hit $218.4 million by July 26. All of it paid dividends. That’s 0.4% of a stack value $54.8 billion.
Promoting is selecting up, although. Roughly $135 million of that got here in July alone. That beats the entire second quarter. MicroStrategy has additionally paused its Bitcoin purchases for 5 weeks.
Bitcoin traded close to $63,378 on Sunday, about half its October document. Staying a web purchaser now rests on low-cost cash, not perception.
The publish Michael Saylor Shuts Down Viral $5 Billion MicroStrategy Bitcoin Sale Claims appeared first on BeInCrypto.