Michael Saylor links AI hype to Bitcoin dip and sells 32 BTC to strengthen Strategy's credit
MicroStrategy founder Michael Saylor said that recent AI enthusiasm is pulling capital away from Bitcoin, causing the cryptocurrency’s short‑term decline. He expects the AI‑driven flow of funds to reverse before the end of the year, with investors moving profits back into riskier assets such as Bitcoin.
In late May 2026, Strategy sold 32 BTC for about $2.5 million, its first Bitcoin sale since 2022. Saylor framed the transaction as a move to improve the company’s equity value and creditworthiness, supporting distributions on its high‑yield preferred stock (STRC) and enabling more credit products backed by its remaining 843,706 BTC (~$61 billion). While the sale led to a dip in Strategy’s shares, Saylor reiterated his belief that Bitcoin remains the best long‑term store of value and that the company’s “BTC Credit Model” will use selective sales to fund yield‑bearing products.