Strategy stock slides after $108M sale

Aug 10, 2026 1:39 PM

Michael Saylor’s "Never Sell" mantra is a myth. MicroStrategy just dumped another $108.6 million in Bitcoin to offset a staggering $8.22 billion net loss. Despite the HODL rhetoric, the company is selling assets while deep in the red, with an average purchase price of $75,385—well above current market value. Is the HODL king finally folding under the pressure of massive losses, or is this just smart business? Does this change your view on Bitcoin as a long-term hold?
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