The Defiant

← The Defiant7 jul · 10 min

Saylor Selling BTC: Strategy Lifeline or Betrayal?

Saylor Selling BTC: Strategy Lifeline or Betrayal?7 jul10 min

<p>Michael Saylor built his entire identity around one promise: he would never sell Bitcoin. Last week, that promise ended.</p><p><br></p><p>Strategy&#39;s board voted to authorize selling Bitcoin to cover dividend payments and build cash reserves — in the middle of MSTR and STRC crashing to record lows, the yield blowing up, and confidence in the whole experiment starting to crack.</p><p><br></p><p>Is this a rational pivot? Or the beginning of the end for the world&#39;s largest corporate Bitcoin treasury?</p><p><br></p><p>This week on The Defiant, I sat down with Scott Melker and Kaleo to get into all of it: the hollow signaling, the STRC question, whether Saylor should rip the Band-Aid and sell billions now — and what any of this actually means for Bitcoin.</p><p><br></p><p>Spoiler: they disagree. Strongly.</p><p><br></p><p><em>Guests: Scott Melker | Kaleo (CryptoKaleo)</em></p><p><em>Topics: Strategy, Michael Saylor, Bitcoin, MSTR, STRC, corporate Bitcoin treasury, convertible debt</em></p><p><br></p>