Saylor Sees Bitcoin Above $100,000—So Why Is Strategy Willing to Sell?

Strategy (NASDAQ:MSTR) Executive Chairman Michael Saylor says Bitcoin (CRYPTO: BTC) will climb back above $100,000, even as his company stays willing to sell parts of its holdings.

Why Saylor Says Bitcoin’s Headwinds Are Turning Into Tailwinds

Saylor told Bloomberg Crypto Tuesday that Bitcoin recently bounced off its 200-week moving average and now trades at a 25% premium above it. 

He pointed to a favorable regulatory environment, accelerating bank adoption, and growing tokenized securities activity as factors shifting Bitcoin from headwinds into tailwinds.

Saylor argued AI spending is pulling capital away from traditional equities built on human labor, pushing investors instead toward scarce assets robots can’t replicate. 

He called Bitcoin “the king of commodities” in that environment, framing it as digital capital competing directly with gold and other scarce assets for investor dollars.

Why Strategy Sold Bitcoin This Summer Despite Saylor’s Hold-Forever Stance

Strategy sold a small amount of Bitcoin in June when it traded near $73,000, a move that broke from Saylor’s long-standing advice to never sell. 

Saylor described Strategy as a structured finance company that can buy or sell Bitcoin, dollars, equity, or credit on any given day to benefit shareholders.