MicroStrategy sells any Bitcoin by June 30, 2026?

MicroStrategy (now “Strategy”) has quietly shifted from a pure “never sell” Bitcoin doctrine to a more flexible, balance‑sheet‑management stance. How times change, right? Leadership has said on multiple occasions that they will consider selling a slice of their BTC stack when it’s more accretive than issuing new equity. For example, to fund shareholder payouts or manage taxes, and that the ultimate goal is to maximize “bitcoin per share,” not just raw coins held. That creates a structural tension: the company still markets itself as a long‑term Bitcoin vehicle, but sells? They have explicitly opened the door to tactical sales when the math and corporate obligations line up.