Jul 1, 2026 6:29 PM
MicroStrategy is abandoning its "never sell" mantra. Despite being the ultimate Bitcoin bull, the company just authorized selling up to $1.25 billion of its BTC stockpile to shore up reserves as the asset sits 50% below its peak. With TD Cowen slashing price targets and Bitcoin failing to find a floor, the dream of a permanent treasury is cracking. Is Michael Saylor finally being forced to blink, or is this just a necessary evil to survive? Do you still trust the HODL?
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