Saylor’s BTC Shuffle: Sell 1, Buy 10?!

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Michael Saylor just explained Strategy’s Bitcoin plan with all the clarity of a fog machine in a library.

Let me get this straight: They might sell some Bitcoin, but only so they can buy more later. Like a crypto version of “buy one, give one,” except the charity here is their own wallet. Here’s the real kicker: after a $12.54 billion loss in Q1 (because nothing says “financial stability” like losing 12 digits), they’re still holding 818,334 BTC. At an average price of $75k per coin. Because why not? Let’s all just pretend we’re not worried about that.

  • Saylor insists they’ll never be a “net seller.” Translation: We’ll sell enough to keep you guessing.
  • Dividends? Oh, those $1.5 billion annual obligations? Just a minor detail, apparently.
  • Peter Schiff calls it a Ponzi scheme. Saylor replies: “You just don’t get Bitcoin.” Classic.

“Sell 1, Buy 10” – The Art of Math

Per Saylor, selling Bitcoin isn’t a betrayal-it’s a calculated risk. “If we sell one, we’ll buy 10 more,” he said, as if math is optional. So, hypothetically, if they sold their entire stash, they’d just… buy back 10x? Great plan. Let’s all invest in Michael’s Excel skills.

“Even if we were to sell one Bitcoin, we’d be buying 10 to 20 more Bitcoin,” Saylor said.

Wow. That’s either a confidence trick or a very specific budgeting strategy. Your call.

Crypto.news also noted that Strategy’s Bitcoin stash was acquired at $75k each. Which is… impressive? If you’re ignoring the fact that they lost $12.54 billion this quarter. But hey, at least the coins are there! Maybe?

Schiff’s “Ponzi” Claim: A Bold Accusation

Peter Schiff, ever the optimist, says Strategy’s model is a “Ponzi scheme” if Bitcoin dips or dividends get spicy. Saylor’s response? “You don’t believe in Bitcoin, so you’ll never get it.” Fair. But when you’re losing billions and selling coins to fund payouts, maybe the real question isn’t “Is this a Ponzi scheme?” but “Why is this legal?”

Bottom line: Strategy’s plan is less “hold Bitcoin forever” and more “hold Bitcoin… but maybe sell some to buy more later.” Because why not? It’s crypto. Nothing says “trust” like selling your assets to fund them.

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2026-05-10 13:02