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14.10.2026 12:00 PM
Strategy's Saylor flips stance again

Strategy can sell Bitcoin at any time, and Michael Saylor said so outright. In an interview, he explained that the company must be able to trade any asset pairs in either direction: buy and sell credit instruments, equities, and Bitcoin itself depending on market conditions. According to him, the ability to sell was built in over the summer and became an important step for all company investors. This is a notable shift in the rhetoric of the best-known Bitcoin buyer, but on close reading the reason becomes clear.

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Saylor describes Strategy as a structured financial company that needs flexible tools primarily to service coupons on its credit paper. If the company had promised never to sell shares or Bitcoin, he said, it would have harmed its own value. History supports this: the first sale of just 32 BTC triggered a negative market reaction, but later the company sold thousands of BTC without consequence, and the market even rose at times. According to Saylor, the market was "trained" to accept such sales.

The rest of Saylor's remarks were largely bullish. He believes the bull market has already started: Bitcoin found a bottom just below $60,000 and is now heading toward $100,000, although he gave no timetable. Over the next 20 years, he expects average annual Bitcoin growth of 20–30%. He thinks AI will devalue stocks of firms reliant on human labor, causing investors to shift into scarce assets including Bitcoin, gold, and premium real estate. Despite the right to sell, Strategy intends to continue accumulating BTC and, he added, will likely issue credit securities during the bull market.

To put those words in context, consider the numbers. Strategy's latest purchase—250 BTC for $21.5m at an average price of $86,194—was the smallest this year and brought its holdings to 848,250 BTC. In the same week, the company spent about $192m to repurchase STRC preferred shares, nearly nine times more than it spent on Bitcoin. In other words, the "accumulation" rhetoric currently diverges from practice: the main funds go to supporting the company's own paper and reserves.

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Technical picture for Bitcoin

Buyers are currently targeting a reclaim of $84,100, which would open a direct path to $86,000 and then toward $89,000; breaking $89,000 would signal attempts to restore a bull market. On the downside, buyers are expected at $82,800. A return of the trading instrument below that area could quickly push BTC toward $80,700. The most distant downside target is around $79,400.

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Technical picture for Ethereum

A clear hold above $2,600 would open a direct path to $2,679. The furthest upside target is the high near $2,748; breaking that level would indicate strengthening bullish sentiment and a return of buyer interest. On the downside, buyers are expected at $2,508. A return below that area could quickly push ETH toward $2,417. The most distant downside target would be around $2,348.

What we see on the chart:

- Red lines indicate support and resistance levels where either a price slowdown or active growth is expected;

- Green lines indicate the 50-day moving average;

- Blue lines indicate the 100-day moving average;

- Light green lines indicate the 200-day moving average.

A crossover, or a price test of moving averages, typically either halts the move or sparks fresh market momentum.

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