"Days Are Numbered" and "Sell a Kidney": Michael Saylor's Key Quotes on Bitcoin

Saylor's 13-Year Journey
Who is Michael Saylor
Michael Saylor is the founder of Strategy (formerly MicroStrategy), which accumulated over 840,000 bitcoins from 2020 to mid-2026, spending more than $63.5 billion during these years. The average purchase price was $75.5 per 1 BTC
2013: "Days of Bitcoin Are Numbered"
"The days of Bitcoin are numbered. It’s only a matter of time before it meets the same fate as online gambling," Saylor wrote on X in December 2013.
2020: "We Can Cash Out Bitcoin..."
"We can cash out Bitcoin any day of the week, at any time. If I needed to cash out $200 million, I think I could do it on a Saturday," Saylor said in September 2020.
2021: "What Doesn’t Kill Bitcoin Makes It..."
"What doesn’t kill Bitcoin makes it stronger. I consider it the most efficient use of energy that humanity has devised. It returns rationality to the political system and freedom and property rights to humanity," Saylor stated at the Bitcoin 2021 conference.
2022: "If You’re Not Ready to Hold This..."
"If you’re not ready to hold [Bitcoin] for a decade, you shouldn’t hold it for even 10 minutes," Saylor said in a podcast with Irish economist David McWilliams in February 2022.
2023: "If Bitcoin Doesn’t Go to Zero, Then..."
"If Bitcoin doesn’t go to zero, it will reach $1 million. A Bitcoin-based strategy is generally quite safe for institutional investors," Saylor said in an interview with CNBC in December 2023.
2024: "Everyone Gets Bitcoin at the Price..."
"Everyone gets Bitcoin at the price they deserve," Saylor stated in June 2024 at the BTC Prague conference, incorporating this rule into his manifesto "21 Rules of Bitcoin," where one of the points is "don’t sell your bitcoins."
2025: "If Necessary, Sell a Kidney..."
"If necessary, sell a kidney, but keep Bitcoin," Saylor wrote on X in February 2025, when the cryptocurrency's price fell below $80,000 after rising above the record $100,000 at that time.
June 2026: "I Never Said the Company..."
"I never said the company wouldn’t sell Bitcoin. And anyone who has read the company’s reports or has even a modicum of intelligence knows: over the past five years, we have made it very clear that we will sell Bitcoin if we have to," Saylor stated at the BTC Prague conference.
August 2026: "I Have Never Sold..."
"When I say ‘Never sell your bitcoins,’ I say this as a holder to another holder. I have never sold my coins. Not a single satoshi. Strategy is a public company, not my wallet," Saylor wrote on X on August 3, 2026.
Over the years, Saylor has made hundreds of public statements about the value of Bitcoin. He has promoted the idea of buying Bitcoin as the only long-term savings vehicle, including "better than gold" and government bonds.
He wrote this against the backdrop of Bitcoin's price falling roughly in half from its peak of $1.2 thousand after the announcement of a cryptocurrency ban in China. In February 2014, the popular cryptocurrency exchange Mt.Gox was hacked, stealing 744,000 BTC. By 2015, the price had collapsed below $200 per coin.
Saylor told Bloomberg that if U.S. government bond yields rose sharply, he would sell the cryptocurrency without hesitation. At that time, Bitcoin was priced below $10,000 per coin.
He added that he sees no reason why Bitcoin cannot become an asset worth $100-300 trillion, stating that he has lost faith in all traditional investments. These words were spoken when Bitcoin had fallen to $35,000 after reaching a record at that time of over $60,000.
He also explained why Bitcoin is better than real estate, which requires maintenance. Saylor compared Bitcoin to investing in gold coins, noting that unlike gold, Bitcoin does not have the problem of moving between countries.
This statement was made during the early stages of the previous Bitcoin bull cycle when Bitcoin was priced around $40,000 and ahead of the approval of the first spot Bitcoin exchange-traded funds (ETFs) in the U.S.
He also expressed regret for not buying Bitcoin at $900, only purchasing above $9,000. "But that’s okay—I’ll buy it at $95,000, $950,000, and $8 million." At that time, Bitcoin was priced around $65,000.
The quote about "selling a kidney" to preserve Bitcoin became one of the most famous. However, Bitcoin then fell to a local minimum of $75,000. It then transitioned to a multi-month rise up to a record $126,200 in October 2025.
This was said against the backdrop of the first sale of Bitcoin by Strategy since 2022 for $2.5 million. It constituted only 0.004% of the company’s reserves but shocked the market as Strategy had become a symbol of nonstop BTC accumulation. By August 2026, there were two more sales—totaling $300 million.
Saylor has stated several times that he personally owns 17,732 BTC but has never confirmed this with documentation. Neither the addresses where his funds might be stored nor reports for regulators are known.

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