Strategy sold $544.5m worth of MSTR last week, bought no BTC and increased its dollar reserve to $3.75b. That apparently gives them 2.1 years of dividend coverage. They still own 843,775 BTC, so this clearly isn’t them turning bearish.
I know corporate balance sheets and personal finances aren’t the same thing, but there is a pretty obvious lesson here. Even the company most committed to Bitcoin doesn’t want to end up selling it just because a payment is due.
People do this all the time. Put basically every spare cent into BTC or alts, then something expensive happens in real life right in the middle of a dump. Now you’re selling because you have to, not because you changed your mind.
It doesn’t have to be complicated. Keep some money in the bank, some USDC in your own wallet or on something you already use like Aave, Coinbase or Nexo. Just enough that one bad month doesn’t force you to sell something you planned to hold for years.
Holding cash can look like wasted money when the market is going up. It looks a lot better when you suddenly need it.
