Michael Saylor says remarks about selling Bitcoin were intended to jam short-sellers and 'haters'.

The article focuses on Michael Saylor, CEO of Strategy, a company that has accumulated $65 billion in Bitcoin since 2020, and his recent shift in stance regarding selling Bitcoin to fund dividends. Saylor explained that selling Bitcoin derivatives is a strategic move to counter short-sellers and skeptics who believe the company would sell stock instead of Bitcoin to meet liabilities, potentially harming the stock price. This development occurs amid a broader downturn in the cryptocurrency market, which has challenged the digital asset treasury model pioneered by Strategy and emulated by smaller public companies like Nakamoto, Empery Digital, and Sequans. Despite recent price declines and sell-offs by these firms, Saylor encouraged patience and advised them to develop complex financial instruments to sustain growth over several years. [Extracted from the article]