During Strategy's (NASDAQ: MSTR) Q1 2026 earnings call on May 5, Michael Saylor, the company's executive chairman, said something that shook crypto maximalists.
"We will probably sell some Bitcoin to pay a dividend just to inoculate the market and send the message that we did it,"Saylor said.
The remark was a clear departure from his long-standing "never sell" stance.
In fact, last week, Strategy showed that it was serious about slowing down its Bitcoin (BTC) buying strategy. The company didn't buy any Bitcoin but instead bought bonds, as confirmed by Saylor.
Strategy currently holds 843,738 BTC at an average cost of $75,699.
However, not every Bitcoin holding firm shares the same opinion as Strategy.
Eric Trump, co-founder and chief strategy officer of American Bitcoin (NASDAQ: ABTC), has drawn a hard line on the question that has split corporate Bitcoin treasuries: whether they will ever sell Bitcoin.
Related: Michael Saylor's Strategy reports $12.54B net loss in Q1
Inside American Bitcoin
American Bitcoin is a Bitcoin mining company and treasury management company co-founded by Donald Trump Jr. and Eric Trump in 2025. It debuted on Nasdaq in September 2025 and operates nearly 90,000 miners across facilities in Texas, New York, and Alberta.
According to Arkham Intelligence data, American Bitcoin holds approximately 7,276 BTC worth around $562.21 million as of May 25.
At press time, ABTC stock was trading 2.67% lower during the after-hours market and had closed 1.77% lower at $1.11.
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Eric Trump rejects Bitcoin selling scenarios
During a recent interview , Trump was asked about the hypothetical situations that would force American Bitcoin to pivot and sell Bitcoin.
He answered,
"It would have to be beyond catastrophic. We believe in Bitcoin. Come hell or high water, it would take us a lot, a lot to have to sell our treasury."
Trump added that the company's only goal is to grow the treasury. He pointed to accelerating adoption across retail, institutional, and sovereign buyers, and asked why anyone would offload "the asset that we've believed to be the perfect financial instrument."
He acknowledged Saylor as "a dear friend" of 25 years, but framed American Bitcoin's strategy as a different race entirely. Not who accumulates the most, but who acquires the most at the cheapest.
As per Decibel, Bitcoin was largely flat and trading near $77,234 at press time.
Related: American Bitcoin stock closes 45% below intra-day highs in Nasdaq debut
This story was originally published by TheStreet on May 25, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
