Monday, 13 July, 2026
Cracks in the HODL: Saylor's Bitcoin Sales Expose Corporate Treasury Risks
By TechShots Studio
Michael Saylor’s Strategy authorized up to $1.25 billion in Bitcoin sales, liquidating roughly $218 million to fund dividends and replenish cash reserves. This structural shift from relentless buying to selling exposes deep vulnerabilities among copycat "digital asset treasury" companies. Buffeted by falling token prices and tight margins, these highly leveraged firms face a stark reality check regarding the sustainability of the crypto-hoarding business model.