Michael Saylor says there is always room for more orange, buys 250 BTC

Oct 12, 2026 5:01 PMPublished Oct 12, 2026 5:01 PM

Michael Saylor preaches a Bitcoin "gold rush," yet his company just spent ten times more cash—$192 million—buying back its own stock than it did buying Bitcoin. Despite the "never sell" narrative, they even offloaded nearly 7,000 BTC earlier this year. When the world’s biggest Bitcoin bull prioritizes stock buybacks and sells thousands of coins, is the HODL dream actually dead? Or is this just a calculated move we should all be making? What’s your take?
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Strategy adds a small Bitcoin tranche while spending $192 million to buy back its STRC preferred stock.

www.thestreet.comMichael Saylor says there is always room for more orange, buys 250 BTCStrategy adds a small Bitcoin tranche while spending $192 million to buy back its STRC preferred stock.

Strategy •Michael Saylor

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