Strategy CEO Walks Back Saylor's 'Never Sell' Bitcoin Vow — and the Market Is Watching!

Strategy CEO Phong Le told CNBC the firm will only sell Bitcoin under two narrow conditions: funding the 11.5% dividend on its STRC preferred stock, or for tax optimization purposes. Le framed any potential sale as strictly accretive to common shareholders, weighed against the alternative of issuing new stock, with the company's 'Bitcoin per Share' metric as the north star.

The clarification was aimed at cooling speculation triggered by Executive Chairman Michael Saylor's recent comments about potentially selling BTC to cover dividends — a remark that rattled markets given Saylor's long-standing 'never sell' doctrine.

Forbes contributor and Two Prime CEO Alexander S. Blume isn't reassured. He argues that Strategy's investment products carry no direct BTC claim, forcing the firm to perpetually balance USD debt obligations against its accumulation narrative. Blume warns that repeated…