Michael Saylor, the chairman of MicroStrategy, has confirmed that the company has not sold any Bitcoin, reaffirming their long-term goal to continue accumulating the cryptocurrency despite market conditions.
Michael Saylor confirms it has not sold even a sat, reaffirming Strategy’s long-term goal to continue stacking up Bitcoin regardless of the market condition. Amid the growing discussion about Michael Saylor influencing Bitcoin 's price with a major sale, the chairman of the world's largest treasury firm has dismissed these claims.on X today, Saylor declared that his Bitcoin treasury firm, MicroStrategy, did not even sell a sat, reminding the crypto community that neither he nor his company has relented on their steady Bitcoin accumulation.
The post further concludes the prolonged debate about whether MicroStrategy sold $30 million in Bitcoin a few days ago when it was spotted depositing about 411 BTC into Coinbase. Dogecoin , Shiba Inu , Toncoin , and Ethereum Price Analysis For June 12: Getting Back in Bull MarketWhile Saylor did not disclose the reason behind the major Bitcoin move at the time, the crypto community assumed it was an attempt to sell the tokens amid the prolonged crypto market volatility.
While the sudden Bitcoin move had sparked fears that the company may be preparing to liquidate some of its holdings, a later unveiling of a Bitcoin withdrawal from MicroStrategy, carrying the same amount of tokens, cooled the speculation. Nonetheless, Saylor's latest post has cleared the air, noting that neither he nor MicroStrategy has changed course despite ongoing market volatility.
In addition to this, Saylor mentioned that MicroStrategy is still stacking Bitcoin, reaffirming that the company remains committed to its aggressive accumulation strategy. While Michael Saylor is yet to disclose his next move, the post confirms that it would not be liquidating his Bitcoin holdings in the near future.
However, the debate about whether MicroStrategy will sell any of its Bitcoin stash before the year ends is still lingering quietly. Unchained Summit and VIFC Da Nang Convene Strategic Dialogue on Positioning Da Nang as Southeast Asia's Next Digital Finance Hub
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