[Michael Saylor States: Selling Bitcoin Is Also an Option, No Longer Insisting on 'Only Buying, Not Selling'] According to a report by Caixin, as covered by Jinse Finance, Strategy, the world's largest corporate Bitcoin holder, disclosed in its fiscal year 2025 Q4 and full-year financial results that the company recorded an unrealized loss of $17.4 billion in Q4 due to changes in the fair value of its assets, with a net loss reaching $12.4 billion. Although the company holds $2.25 billion in cash reserves, sufficient to cover debt interest and dividends with no immediate risk of liquidation, the company's co-founder Michael Saylor stated during the earnings call that he no longer insists on the principle of 'only buying, not selling,' saying that 'selling Bitcoin is also an option.' In response, an investor commented, 'This will undoubtedly further trigger early sell-offs in the market.'