Michael Saylor built his entire identity around one promise: he would never sell Bitcoin. Last week, that promise ended.Strategy's board voted to authorize selling Bitcoin to cover dividend payments and build cash reserves — in the middle of MSTR and STRC crashing to record lows, the yield blowing up, and confidence in the whole experiment starting to crack.Is this a rational pivot? Or the beginning of the end for the world's largest corporate Bitcoin treasury?This week on The Defiant, I sat down with Scott Melker and Kaleo to get into all of it: the hollow signaling, the STRC question, whether Saylor should rip the Band-Aid and sell billions now — and what any of this actually means for Bitcoin.Spoiler: they disagree. Strongly.Guests: Scott Melker | Kaleo (CryptoKaleo)Topics: Strategy, Michael Saylor, Bitcoin, MSTR, STRC, corporate Bitcoin treasury, convertible debt
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