When will Michael Saylor and MicroStrategy sell BTC?

[Vincom]

MicroStrategy, led by Michael Saylor, has become a prominent player in the Bitcoin market through its aggressive accumulation strategy. Their recent purchase of 850 BTC in January 2024 signals continued confidence in Bitcoin's potential^[1], especially considering their reported $4 billion profit on previous investments^[2]. This stands in stark contrast to mid-2022, when the company faced criticism for incurring significant losses^[3].

Saylor claims MicroStrategy will never sell their Bitcoin^[4], positioning them as unwavering "diamond hands". However, as a publicly traded company with profit-seeking shareholders like Capital International Investors, Vanguard, and Blackrock^[5], the pressure to capitalize on significant price increases cannot be ignored.

While missing out on 2021's peak proved costly, MicroStrategy's MSTR stock price has surged nearly 500% since their initial Bitcoin investment in July 2020^[6]. However, some argue that failing to take profits during bull runs contradicts optimal investment strategies.

While Saylor's personal belief in Bitcoin's future might be genuine, shareholder pressure could compel MicroStrategy to reconsider its stance if Bitcoin reaches significant highs, like the projected $160,000 in 2025, followed by signs of a downward trend. Considering the cyclical nature of the cryptocurrency market, with the next peak expected in 2025, it wouldn't be surprising to see MicroStrategy potentially offload some of its Bitcoin holdings then.

MicroStrategy's significant holdings and regular Bitcoin purchases have generated considerable interest in the cryptocurrency market. If the company decides to sell its BTC in 2025, it could trigger various market reactions:

• Potential Positive Impacts: MicroStrategy's monthly disclosures regarding BTC purchases and sales offer valuable insights into their perspective on the market, potentially influencing investor sentiment. Selling alongside a major player like MicroStrategy could present an opportunity for some investors to align their own investment decisions.
• Potential Negative Impacts: A large-scale BTC sell-off by MicroStrategy could trigger significant fear and panic selling, leading to a sharp decline in the price. If a prominent advocate like MicroStrategy loses faith in Bitcoin, it could erode investor confidence and lead to a sustained price drop, potentially pushing the price below $60,000 by 2026.

While Bitcoin's price fluctuations are cyclical, and Saylor and MicroStrategy acknowledged this, I would be surprised if they held onto their BTC during the anticipated crypto winter of 2026-2027.

I would like to know your opinion on this issue:

• What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
• If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
• Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

References:
[1] MicroStrategy acquired 850 bitcoin for $37.2 million in January
[2] Michael Saylor’s MicroStrategy Bitcoin Bet Tops $4B in Profit
[3] MicroStrategy’s Losses on Its Bitcoin Bet Near $1 Billion
[4] Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin
[5] MicroStrategy Incorporated (MSTR): Holders
[6] MicroStrategy becomes first listed company to buy bitcoin as part of its capital allocation strategy

[headingnorth]

If a Microstrategy shareholder wants to take profits all they have to do is sell their shares of the company. No need to sell any bitcoin for that.

If Michael Saylor himself wants to profit from his bitcoin investment then likewise he can just sell some shares of the company. Not a single bitcoin ever needs to be sold.

[yhiaali3]

If a Microstrategy shareholder wants to take profits all they have to do is sell their shares of the company. No need to sell any bitcoin for that.

If Michael Saylor himself wants to profit from his bitcoin investment then likewise he can just sell some shares of the company. Not a single bitcoin ever needs to be sold.

What you say is true. They can sell shares without selling a single Bitcoin, but what about the new buyers of the shares? They will become owners of Bitcoin. Do you guarantee that they will not sell Bitcoin? Then we will return to the first question: If they sell these huge amounts of Bitcoin, what will happen to the price?

Michael Saylor has proven that he is a strong believer in Bitcoin and kept all of his Bitcoin during the difficult days that passed for Bitcoin in the bear market and almost caused the bankruptcy of the company, but he remained steadfast despite all that, but in the end this is a profitable company and it is certain that they want to get some profits, so they must sell. Some stocks or some Bitcoin when the market is high enough for them.

[Jawhead999]

What's the point? this question is similar like "today the weather is cloudy, maybe it will rain because bla bla, but there's a chance it will hot because bla bla".

I don't care whether MicroStrategy, Elon Musk, Robert Kiyosaki, Craig Wright, Donald Trump, Warren Buffet etc want to sell their own coins. If they sell their coins, there are many people want to buy it, so they're just the same like other people.

MicroStrategy didn't even have 1% of total BTC supply, it's not enough to manipulate the market, but they could manipulate the market because there's a lot stupid people are following the self pro claimed professional economist, investor, trader etc.


https://www.coingecko.com/en/public-companies-bitcoin

[headingnorth]

If a Microstrategy shareholder wants to take profits all they have to do is sell their shares of the company. No need to sell any bitcoin for that.

If Michael Saylor himself wants to profit from his bitcoin investment then likewise he can just sell some shares of the company. Not a single bitcoin ever needs to be sold.

What you say is true. They can sell shares without selling a single Bitcoin, but what about the new buyers of the shares? They will become owners of Bitcoin. Do you guarantee that they will not sell Bitcoin? Then we will return to the first question: If they sell these huge amounts of Bitcoin, what will happen to the price?

I don't think you understand how stocks works. As a shareholder in Microstrategy, or any other company, you are only allowed to buy and sell your share of the company.

It has nothing to do with buying and selling any actual bitcoin which you cannot dictate for Microstrategy to do.

[Don Pedro Dinero]

I don't think you understand how stocks works. You own a share of the company. As a shareholder you are only allowed to buy and sell your share of the company.

It has nothing to do with buying and selling any actual bitcoin.

It depends, if you control a sufficient percentage of the company you can influence or directly decide the company's policy, which can include deciding to buy or sell bitcoin. But the majority shareholder with almost 100% of MSTR's shares is Michael Saylor, so the company will do what he says. And it seems quite clear that what it will do is not to sell but to continue accumulating, perhaps with the exception of a small sale for tax reasons, as has happened before.

[pooya87]

Considering how their purchases in the past never really had any meaningful effect on the price, it is obvious that their possible sale in the future is also not going to have any meaningful effect on the price! This is both because they buy/sell in a way that doesn't shock the market (eg. small increments, OTC, etc.) and also because the market is bigger than that to be significantly affected by these things.

When will they sell? That's not something we can know.
I just hope they sell, the more they sell the better. That's because I hate centralization and any centralized entity owning a large number of coins, specially when they do it with other people's money.

[Ambatman]

What you say is true. They can sell shares without selling a single Bitcoin, but what about the new buyers of the shares? They will become owners of Bitcoin. Do you guarantee that they will not sell Bitcoin? Then we will return to the first question: If they sell these huge amounts of Bitcoin, what will happen to the price?

I think you getting it wrong
They are buying the shares of Microstrategy not explicitly Bitcoin
The shares are been bought because of Microstrategy holdings of Bitcoin
This can be seen from the increase in their valuation of share since early last year.

Now moving on to OP question
1. Imo is their choice. Is their holdings they can choose to continue holding or selling, but we can't tell when that would occur.
2. If it's to take profit,  there wouldn't be much impact. The Bitcoin would be sold in smaller units that it wouldn't affect their market
Don't forget their recent Soaring valuation is as a result of Holding Bitcoin
Many investors are interested.
If in case of liquidation, Then there would be a short term dip but the market would correct itself and the sold Bitcoin would be shared and reduce Centralization.
3. I don't really. If you swayed by their actions you would fall under market manipulation tactics that most usually employ.

I just hope they sell, the more they sell the better. That's because I hate centralization and any centralized entity owning a large number of coins, specially when they do it with other people's money.

Grayscale is a living proof of this defect.
If anything happens to the firm
Shareholders would start withdrawing and Microstrategy would have to sell their holdings to meet up with their investors demand.

[wxa7115]

I would like to know your opinion on this issue:

• What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
• If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
• Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

Concentrate on what you control, whether Saylor sells his coins or not and when this could happen have nothing to do with us, focus on keeping your coins secure, avoiding scams and investing what you can afford on bitcoin.

Those three actions have way bigger effect on your results as an investor than anything Saylor could do, could Saylor single-handedly crash the market and as such affect you if he wanted? Yes, but you have no way to know what he will do, making those speculations a waste of time for the most part.

[yhiaali3]

I think you getting it wrong
They are buying the shares of Microstrategy not explicitly Bitcoin
The shares are been bought because of Microstrategy holdings of Bitcoin
This can be seen from the increase in their valuation of share since early last year.

Yes, I completely understand this. I know that they are “buying Microstrategy shares and not Bitcoin explicitly.” I know that selling a few shares of the company will certainly not make any change, but I am talking about the case if the company sells a large amount of shares and the new buyer obtains a high percentage of the company’s shares. Then new buyers will have the right to make important decisions in the company, such as the decision to sell Bitcoin, if they can obtain the appropriate percentage.

[adaseb]

He will eventually start to sell his bitcoin, but nobody knows at what price. He bought some recently so most likely not at these levels but if we break ATH or hit $100K then I wouldn’t be surprised if he starts to scale out of some positions.

Everyone has a price for some it’s $50k, for some it’s $69K and for some it’ll be $100K or $1M, eventually they will all start to take profits. Nobody wants to round trip their entire position. Which is kind of what happened to MSTR when it topped in late 2021 and they ended up being underwater.

[Kakmakr]

You are looking at a scenario where they have to dump all their coins at the same time, to take profit... but that is not neccesarry.

They can sell a few coins to satisfy their shareholders and to accumelate more fiat to buy more coin, when the price drop again in the future.

"Diamond hands" will never sell all their coins... so forget about that.

[Ambatman]

but I am talking about the case if the company sells a large amount of shares and the new buyer obtains a high percentage of the company’s shares. Then new buyers will have the right to make important decisions in the company, such as the decision to sell Bitcoin, if they can obtain the appropriate percentage.

Why would the company want to sell huge amount of their shares?
If there's no liquidation threat or stagnation I see no reason why saylor would or other big holders would want to sell their shares
I understand your view but you should realise that even those that bought the share wouldn't want to sell all their holdings in a single breath
It would have a more negative effect and dip in the share valuation than in Bitcoin
One major attraction of Microstrategy is their holdings of Bitcoin
If they loss this advantage
Their share price would take a hit.

[Learn Bitcoin]

I understand what they said. But, I don't think it's true fact that they will never sell their Holdings. There will be a time when they have to take profit from their investment. If they want to cash out their profits, there are no other ways except selling their Bitcoin. But, if they keep their Bitcoin as an investment asset only and want to calculate the profits as unrealized, then why not?

They could do it as long as they want. I am not part of their team and don't know what is happening in their mind. They may be saying those positive things to influence the market. We never know the truth.

[thecodebear]

People get too obsessed with whether big holders are going to sell or not. Who cares. Microstrategy is on a bitcoin standard, they will continue accumulating bitcoin when they can. They have already sold once for tax accounting purposes, I'm sure they will sell some at other points in the future. I have no idea if they will try to play the market cycles or not, and it doesn't matter. Anyway it doesn't seem like Saylor has much interest in trying to gamble and beat the market with his company's holdings, but rather the safe choice of continuously accumulating more. If he wanted to play the market cycles he wouldn't have been buying all through the bull market in 2021.

[retreat]

No one knows when they will sell the Bitcoin they hold. They can sell when the Bitcoin price is rising or when it is falling, it depends on their decision. However, it doesn't matter when they will sell the Bitcoin they hold, because it won't have a significant impact on the Bitcoin market.

[BALIK]

If a Microstrategy shareholder wants to take profits all they have to do is sell their shares of the company. No need to sell any bitcoin for that.

If Michael Saylor himself wants to profit from his bitcoin investment then likewise he can just sell some shares of the company. Not a single bitcoin ever needs to be sold.

We all invest in bitcoin with the ultimate goal of profit, so even if they sell their bitcoins it is not surprising. And whether they want to sell their shares of the company or sell bitcoin is up to them to decide, there are no regulations prohibiting them from selling bitcoin when they want to make a profit.

Furthermore, why are so many people afraid of big investors selling their bitcoin? Bitcoin is a financial market and anyone has the right to buy and sell, why do we always ask stupid questions and get scared when someone sells large amounts of bitcoin? If there are sellers, there will be buyers, and the market will always be like that, there is nothing to fear what will happen even if Satoshi sells all his bitcoins, let alone these organizations.

[Lucius]

Considering how their purchases in the past never really had any meaningful effect on the price, it is obvious that their possible sale in the future is also not going to have any meaningful effect on the price! This is both because they buy/sell in a way that doesn't shock the market (eg. small increments, OTC, etc.) and also because the market is bigger than that to be significantly affected by these things.
~snip~

I don't remember exactly if it was like that in the beginning, because the first public purchase was in the amount of $250 million and some 20 000+ BTC, which probably had a positive effect on the price, but not even close when the news appeared that the companies of Mr. Mars invested in BTC. I concluded a long time ago that the number of BTC that someone bought is not too important, it is much more important who bought them.

Saylor doesn't have nearly the influence that some other people have, regardless of the fact that he is positive about Bitcoin unlike those other people. However, what Saylor is doing is far from the idea on which Bitcoin was built, so the question is always whether what he is doing is positive or negative for Bitcoin in the long term?

I still think that for him, regardless of the statements he makes, Bitcoin is just a business that should result in profit, and it is not impossible that one day he will sell part or all of the BTC that his company bought.

[cryptomaniac_xxx]

It's likely that everyone here has our own opinion, but it's only up to Michael Saylor as to when he is going to sell. But for sure, with the current sentiments and the approaching block halving, most likely the selling point not just for Saylor but for us long term holder is near the all time high.

They have big amount of Bitcoin in their arsenal, we might or might not known when they are going to sell as obviously it will have a impact on the market. So depends on how they sell it, OTC or other methods that those like whale alerts might not have known when they are going to dump.

[BlackBoss_]

I don't remember exactly if it was like that in the beginning, because the first public purchase was in the amount of $250 million and some 20 000+ BTC, which probably had a positive effect on the price, but not even close when the news appeared that the companies of Mr. Mars invested in BTC. I concluded a long time ago that the number of BTC that someone bought is not too important, it is much more important who bought them.

https://saylortracker.com/
The first purchase is 16796 BTC and a second purchase is 21454 BTC with its value at $250M that is mentioned by you. MicroStrategy even bought 19452 BTC when Bitcoin was exchanged at $52,765.

MicroStrategy or Mr. Mars (Elon) is only booster to hype the market that is necessary to help Bitcoin gets more attention from new investors and attract more capital to this market. In 2024, we will have Bitcoin Spot ETFs but they will not only components that contribute to Bitcoin growth and new all time high.

Tesla investment history in Bitcoin with a purchase when Bitcoin was about $38,000.
https://bitcointreasuries.net/entities/2

Rumor is SpaceX invested in Bitcoin too and Elon Musk confirmed in a Twitter Space.

I still think that for him, regardless of the statements he makes, Bitcoin is just a business that should result in profit, and it is not impossible that one day he will sell part or all of the BTC that his company bought.

He and MicroStrategy will take profit and they will not hold all their bitcoins forever. They can take profit partially with their bitcoins to polish their company balance sheet and financial report. They can come back to purchase bitcoin again but I don't believe if they will never take any profit from Bitcoin investment.

[DeathAngel]

I don’t know when they will sell some but at some stage I assume they will & be handsomely in profit. There is nothing to worry about when they do sell some though. Adoption is growing all the time, there is always a buyer & a seller, it doesn’t matter who is what. There will be a lot more institutional demand now that we have Spot ETFs. Don’t worry about what Saylor & Microstrategy do.

[BlackBoss_]

I don’t know when they will sell some but at some stage I assume they will & be handsomely in profit. There is nothing to worry about when they do sell some though. Adoption is growing all the time, there is always a buyer & a seller, it doesn’t matter who is what. There will be a lot more institutional demand now that we have Spot ETFs. Don’t worry about what Saylor & Microstrategy do.

They will sell but won't sell all bitcoins they have in one day or in a few days. They will only do it if their company has big problems and accident. Else they will do it gradually like whales do distribution phase in the market.

The Bitcoin market has been becoming bigger and its trading volume growing with time so there will be better ability to absorb selling pressure from MicroStrategy and other institutional investors. Sells, news about it will cause fear on the market and price will be affected but it will give nightmare to gamblers with leverages and risk of forced liquidations. Oppositely, it will give great opportunities with big discount to people who are intelligent investors and wait for dips to enter.

[Lucius]

https://saylortracker.com/
The first purchase is 16796 BTC and a second purchase is 21454 BTC with its value at $250M that is mentioned by you. MicroStrategy even bought 19452 BTC when Bitcoin was exchanged at $52,765.

I think you mixed up the first and second purchases - there is a topic started by @fillippone and you can see that the first purchase was in the amount of $250 million, and second was $175 million -> MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

[spectre71]

If he (MS) needed the money he would borrow against it not sell it.

The tech side of the house will die out eventually and they will left holding a big pile of BTC. He could pivot and re invent the company any way he wants to.

I suspect at some point a big fish (Saudi) will buy the whole company to get the BTC in one lump some and sell off the tech. To purchase 10 bil in BTC at one time (ish) would be very difficult.

Any way you slice it he and his investors will win.

[thecodebear]

One thing people have to realize is that Microstrategy's Bitcoin holdings is the primary thing giving the company value now. Their business is a half billion dollar a year business, and has been flat for like a decade or more. While their Bitcoin is worth $10 billion and is only going to get much more valuable. They might occasionally sell for accounting purposes, taking a loss on some bitcoin to cancel out company profits and not pay taxes, like they did in late 2022. But in general if they need money they can raise it through issuing more equity.

I used to be surprised that Microstrategy would keep issuing more stock to buy Bitcoin. But Bitcoin is the thing that is going to keep making the company more valuable, so it always makes sense to sell equity in order to buy Bitcoin because that will make more money for their investors. So for the same reason, it doesn't really make any sense to ever actually get rid of any Bitcoin, because that will directly make the company lose value. Getting more bitcoin is always going to be more valuable than their stock at any given time, because their stock gets more valuable according to how much bitcoin they have. So buying more bitcoin forever makes sense, and issuing more stock to do that makes sense, and if the business needs money for a reason other than buying Bitcoin it makes much more sense to issue some stock for that rather than sell bitcoin.

Remember this is a company, not a person. I know we associate Microstrategy with Saylor, but the two are different. As a company, the goal is to increase the value of the company. That is what holding more bitcoin does. People on here are saying "I'm sure they'll cash out at some point", but why would they? It's not a person. It's not like Microstrategy is gonna one day retire and go live on a tropical island and needs the dollars to do that lol. Microstrategy doesn't need billions of dollars in fiat. Microstrategy just needs to keep increasing the value of the company. And selling Bitcoin never accomplishes that goal, unless they try to play the market cycles, selling during the bull run to buy during the bear market, but honestly I doubt they are going to bother trying to time the market like that.

When Saylor says they will never sell, it actually does make sense. I do expect them to keep adding Bitcoin forever and to never sell except possibly on a very short term basis for tax accounting like they've already done once.




If they were an extremely successful company this wouldn't be the optimal strategy, because expanding company operations could be more beneficial for growth than expanding bitcoin holdings, which is whey Apple or Google or whoever is never going to go all in on Bitcoin like Microstrategy (though I certainly expect them to start holding some bitcoin at some point to offset their depreciating cash). But because Microstrategy's business was flat, Bitcoin comparatively is like a super power. There is no reason to every sell their super power.

[Lucius]

The other day, MS was a guest on Bloomberg and it was, as always, an interesting interview. Unfortunately I only found a shortened version, but it's always interesting to hear what Saylor has to say. As you can hear in the video, the company is not only focused on investing, but also works on applications for Bitcoin.

[Princess Leah]

They will sell but won't sell all bitcoins they have in one day or in a few days. They will only do it if their company has big problems and accident. Else they will do it gradually like whales do distribution phase in the market.

The Bitcoin market has been becoming bigger and its trading volume growing with time so there will be better ability to absorb selling pressure from MicroStrategy and other institutional investors. Sells, news about it will cause fear on the market and price will be affected but it will give nightmare to gamblers with leverages and risk of forced liquidations. Oppositely, it will give great opportunities with big discount to people who are intelligent investors and wait for dips to enter.

Well there's a possibility of Saylor selling some of his  Bitcoin but i don't think it would be anytime soon but in the future. He could decide to sell overtime, maybe if BTC reaches an all time high of $100k or above, over the years we've known him to be one of the major buyers of the asset and there's no point of him selling when the halving is by the corner. Instead MicroStrategy selling it's BTC they'll rather acquire more.

 My opinion is based on his statement in a video I came across on the media, he was asked "at any point would you sell, when would it make sense to take profits there"? And he replied saying "well I've famously said I'm going to be buying the top forever. Bitcoin is the exit strategy, it is the strongest asset, so what we've seen right now, is the Bitcoin is just emerged as a trillion dollar ($1,000,000,000,000) asset class and it's along side names like Apple, Google, and Microsoft but the difference between Bitcoin and the magnificent seven is that, Bitcoin is an asset class it's not a company,  there's not a lot enough room in the capital structure of those company to hold 10 trillion or a 100 trillion dollars worth of capital. So Bitcoin is competing against Gold which is 10x what it is right now, it is competing against S&P index, it competing against Real Estate a 100 trillion dollar plus asset class as a store value. So we believe capitals can keep flowing from those asset classes into Bitcoin cause Bitcoin is technically superior to those asset classes. And that being the case, there's just no reason to sell the winner to buy the loser".

 With that being said, i don't think Michael Saylor would sell his Bitcoin anytime soon. I think he's noticed that Bitcoin is a better investment that would yield him more profits and that's why he's staking more instead of selling it. Well Michael has acquired wealth for him self and whether he sells or not is none of my business and I'll rather focus on working hard to acquire my own Bitcoin and prepare for the halving, the Bullrun is already started but it's not too late to acquire more Bitcoin before the halving.

[kryptqnick]

Honestly, the op's post looks to me like it was written by AI, namely by Microsoft Copilot (Bing). I checked it through one of the online AI checking tools, which said the same thing, but I know those services are unreliable.
Now, to the main point. MicroStrategy can sell BTC after making some profit, it makes financial sense to do that. I don't think the impact would be significant, though (maybe a temporary 15% price drop or something). Also, the post says that Bitcoin might go up to $160k in 2025, and then go down to a price below $60k by 2026 in case MicroStrategy sells. I think it can easily happen without any activity on MicroStrategy's part, simply because Bitcoin tends to go into bull markets, and then lose around two thirds of the price during the bear market.

[Fiatless]

• What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?

Every institution has the right to do what they deem fit for their investment. Michael Saylor can also change his stance about not selling Bitcoin if he thinks it is time to make a profit. Currently, Micheal is still accumulating more Bitcoin for personal hodling after he showed interest in selling  $216 million worth of his shares MicroStrategy. 

• If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?

Such kind of news might bring FUD to the Bitcoin market but the market will recover as usual. The price of Bitcoin might drop slightly, but it will recover after a few days.

• Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

The actions of institutions like MicroStrategy are irrelevant when I am making my Bitcoin investment decision. Bitcoin is well well-programmed project that has an inbuilt recovery mechanism. The decisions of these major investors will just have an impact on the market in a short time. This why Bitcoin should be seen as a long-time investment, so that you can keep hodling even when the market is going down. 

[Maus0728]

What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?

My thoughts would be that of congratulatory because they've been hodling that much bitcoin and have been accumulating for a really long time already and I think that whatever they do, they deserve to have it and I just hope that I'm prepared financially with whatever their big liquidation creates.

If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?

I anticipate it to be something that's going to lower the price of bitcoin to a point that many of us would probably think is impossible to happen, like for example, they might break the price floor for bitcoin many times than we think is possible.

Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

I don't think that MS is an individual, they're an investment company right? Which means that there's a board sitting on top of that company that's deciding how they should do things and how they should sell the bitcoin. If I have an early information about their decisions, I'd probably consider but when it hits the trading space and investment space, it's already too late for us outside of their circle.

[pooya87]

I concluded a long time ago that the number of BTC that someone bought is not too important, it is much more important who bought them.

Exactly, it is all about the psychological effect on the market. Elon's moves were advertised massively in the bitcoin community which is why it had more effects. But also I'd like to mention that the whole Elon shenanigan helped mature the community a little bit too which means people are going to show less reactions to "celebrities" buying or selling bitcoin in the future. Which is one of the reasons why I said even if MicroStrategy dumps its bitcoins, it won't have a significant effect.

[OgNasty]

Microstrategy is in the business of selling stock, not Bitcoin. Saylor will likely just take loans out against his MSTR holdings and spend that with the hopes his company can continue buying BTC forever and the rise in value of his assets will dwarf his debts. That’s if he even has debts… He has probably already sold enough of his personal BTC to be set for life.

[Vincom]

My thoughts would be that of congratulatory because they've been hodling that much bitcoin and have been accumulating for a really long time already and I think that whatever they do, they deserve to have it and I just hope that I'm prepared financially with whatever their big liquidation creates.

I anticipate it to be something that's going to lower the price of bitcoin to a point that many of us would probably think is impossible to happen, like for example, they might break the price floor for bitcoin many times than we think is possible.

I don't think that MS is an individual, they're an investment company right? Which means that there's a board sitting on top of that company that's deciding how they should do things and how they should sell the bitcoin. If I have an early information about their decisions, I'd probably consider but when it hits the trading space and investment space, it's already too late for us outside of their circle.

Yes, I also agree that Saylor and MS deserve the huge profits from their BTC strategy over the years. What is worrying is that when they change their strategy from buy-and-hold to a more flexible buy-and-sell, the negative impact of crypto winter may be amplified and its consequences will be extremely large.

Perhaps we will never know in advance when MS will sell BTC, we can only monitor and act reasonably. If MS will sell parts, we can also take profits not at the peak, but in the distribution zone.

Microstrategy is in the business of selling stock, not Bitcoin. Saylor will likely just take loans out against his MSTR holdings and spend that with the hopes his company can continue buying BTC forever and the rise in value of his assets will dwarf his debts. That’s if he even has debts… He has probably already sold enough of his personal BTC to be set for life.

As I stated, Saylor may not be able to decide everything for MicroStrategy, but the company's major shareholders will make the final decision. The price increase of MSTR is very significant, but the billions of USD in profits from BTC in the 2025-uptrend are also really attractive. Given the existence of a crypto winter in 2026 (assuming the cyclicality remains valid), there is no reason for MicroStrategy to continue holding for losses.

Anyway, these are just our speculations, we will wait for Saylor's actions in the 2024-2025 uptrend.

[Pi-network314159]

No need to rush or think of when micro strategy will sell of there bitcoin. With the look of things I don't think they will sell their bitcoin anytime soon. Bitcoin has not atain it ATH and they might be waiting for it to go so high before selling. Or just an asset for a very long term since everyone is talking about bullrun I believe they are trying to leverage on it .

[Inwestour]

As Michael Saylor promised, MicroStrategy continues to buy Bitcoin at any price whenever they can.

MicroStrategy has acquired an additional 3,000 BTC for ~$155 million at an average price of $51,813 per bitcoin.  
As of 2/25/24, @MicroStrategy now hodls 193,000 $BTC acquired for ~$6.09 billion at an average price of $31,544 per bitcoin.

https://twitter.com/saylor/status/1762101030336999899

[Casdinyard]

MicroStrategy, led by Michael Saylor, has become a prominent player in the Bitcoin market through its aggressive accumulation strategy. Their recent purchase of 850 BTC in January 2024 signals continued confidence in Bitcoin's potential^[1], especially considering their reported $4 billion profit on previous investments^[2]. This stands in stark contrast to mid-2022, when the company faced criticism for incurring significant losses^[3].

Saylor claims MicroStrategy will never sell their Bitcoin^[4], positioning them as unwavering "diamond hands". However, as a publicly traded company with profit-seeking shareholders like Capital International Investors, Vanguard, and Blackrock^[5], the pressure to capitalize on significant price increases cannot be ignored.

While missing out on 2021's peak proved costly, MicroStrategy's MSTR stock price has surged nearly 500% since their initial Bitcoin investment in July 2020^[6]. However, some argue that failing to take profits during bull runs contradicts optimal investment strategies.

While Saylor's personal belief in Bitcoin's future might be genuine, shareholder pressure could compel MicroStrategy to reconsider its stance if Bitcoin reaches significant highs, like the projected $160,000 in 2025, followed by signs of a downward trend. Considering the cyclical nature of the cryptocurrency market, with the next peak expected in 2025, it wouldn't be surprising to see MicroStrategy potentially offload some of its Bitcoin holdings then.

MicroStrategy's significant holdings and regular Bitcoin purchases have generated considerable interest in the cryptocurrency market. If the company decides to sell its BTC in 2025, it could trigger various market reactions:

• Potential Positive Impacts: MicroStrategy's monthly disclosures regarding BTC purchases and sales offer valuable insights into their perspective on the market, potentially influencing investor sentiment. Selling alongside a major player like MicroStrategy could present an opportunity for some investors to align their own investment decisions.
• Potential Negative Impacts: A large-scale BTC sell-off by MicroStrategy could trigger significant fear and panic selling, leading to a sharp decline in the price. If a prominent advocate like MicroStrategy loses faith in Bitcoin, it could erode investor confidence and lead to a sustained price drop, potentially pushing the price below $60,000 by 2026.

While Bitcoin's price fluctuations are cyclical, and Saylor and MicroStrategy acknowledged this, I would be surprised if they held onto their BTC during the anticipated crypto winter of 2026-2027.

I would like to know your opinion on this issue:

• What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
• If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
• Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

References:
[1] MicroStrategy acquired 850 bitcoin for $37.2 million in January
[2] Michael Saylor’s MicroStrategy Bitcoin Bet Tops $4B in Profit
[3] MicroStrategy’s Losses on Its Bitcoin Bet Near $1 Billion
[4] Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin
[5] MicroStrategy Incorporated (MSTR): Holders
[6] MicroStrategy becomes first listed company to buy bitcoin as part of its capital allocation strategy

Histories show that MicroStrategy did not indeed sell any of their bitcoin holdings over the past few years. If anything, during down times where people are more pressured to sell due to price drops, they are the ones who are going against the current and are buying more bitcoins, similar to what happened in 2020. If anything the pressure that these companies are making wouldn't get to MicroStrategy at all, they have been in the business for so long that they knew they wouldn't have to sell their cryptocurrencies at all. They are diamondhands as they say.

Quite recently as what Inwestour mentioned MicroStrategy bought even more bitcoins at this stage. Further emphasizing the fact that the company regardless of the outside pressures isn't going to sell any of their shit. Pretty sure soon enough they would be able to sell their bitcoins, but not today, I'm supposing the only market pressure that they'd relent against is when the world finally runs out of stray bitcoins and the demand to buy bitcoins skyrockets. They'd be able to a huge portion of their treasury into cash which would then allow them to become one of the most powerful companies in the planet (LOL). But for real though, I'm guessing that's the strategy they're pushing for.

[CODE200]

I don’t know when they will sell some but at some stage I assume they will & be handsomely in profit. There is nothing to worry about when they do sell some though. Adoption is growing all the time, there is always a buyer & a seller, it doesn’t matter who is what. There will be a lot more institutional demand now that we have Spot ETFs. Don’t worry about what Saylor & Microstrategy do.

I feel like they're not going to be doing any kind of selling anytime soon, I'm sure that they're probably planning buying more bitcoin in the future and they're probably benefiting from it anyway, maybe their bottom line got a lot of people selling daily and them getting some form of commission. There's also the fact that he's the real deal when it comes to buying bitcoin and an outright supporter of the market and it's movement through the year. I don't think we're going to have to worry anytime soon about them being likely to sell their bitcoin and flood the market.

[hatshepsut93]

Saylor claims MicroStrategy will never sell their Bitcoin^[4], positioning them as unwavering "diamond hands".

Saylor created himself an image of a true Bitcoin believer who is in for the tech and will hodl forever, but remember that it costs him nothing to write posts on twitter, and some 5 years ago he was a Bitcoin skeptic. He changed his opinion because he saw opportunity for profit, and if Bitcoin starts performing poorly, he could easily dump it and look for new investment opportunities. I won't even be surprised if one day he turns into an altcoin shill - maybe he'll use the trust he build to launch his coin or promote someone's coin for a decent chunk of premine.

[Crypto Library]

Saylor claims MicroStrategy will never sell their Bitcoin^[4], positioning them as unwavering "diamond hands".

Saylor created himself an image of a true Bitcoin believer who is in for the tech and will hodl forever, but remember that it costs him nothing to write posts on twitter, and some 5 years ago he was a Bitcoin skeptic. He changed his opinion because he saw opportunity for profit, and if Bitcoin starts performing poorly, he could easily dump it and look for new investment opportunities. I won't even be surprised if one day he turns into an altcoin shill - maybe he'll use the trust he build to launch his coin or promote someone's coin for a decent chunk of premine.

Logically, your words are also correct. Because the words of these big whales have no fixed address, They often say one thing during the day and another at night. And in this middle, they take their profit and advantage. But I think Michael Saylor's eyes that were closed five years ago are now open, even though he has been investing heavily in Bitcoin for the past few years. So I think he is going to make his bitcoin investment for a long term. Because there is loss in other investments and there is no loss in Bitcoin investment, just to hold for a little long term. But it may also be true that in the future he may own an Altcoin like Elon Musk did.

[Cookdata]

I don’t know when they will sell some but at some stage I assume they will & be handsomely in profit. There is nothing to worry about when they do sell some though. Adoption is growing all the time, there is always a buyer & a seller, it doesn’t matter who is what. There will be a lot more institutional demand now that we have Spot ETFs. Don’t worry about what Saylor & Microstrategy do.

The sell will definitely shake the market, they were holding $10b worth of Bitcoin before this and they have been the catalyst behind this pump, they just bought an additional 3k to their reserve and that should be an additional bitcoin. Remember, last 2 years they were about to be liquidated if Bitcoin price should reach $12k and they immediately borrowed fund to further reduce their liquidation price, they had the opportunity before the FTX disasters and they didn't sell, I'm not sure they will take such risk again, they will sell when they want.

 Now imagine when they want move such amount to the market or if they decide to move some part of it, recall that it was $3b worth of bitcoin Luna protocol dump that made bitcoin crash first when they were trying to defend USTC coin, how much damage do you think this one will do if micheal saylor move $2b even if they announce to sell, a crash of plummet will come because the market is not trusting anyone yet but if he refused to sell, it will help the market in the long run.

[davis196]

What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

AFAIK, Michael Saylor has a Twitter/X account. Why don't you asking him? All those "What if Microstrategy sells BTC?" questions are pure speculation and nothing else. I don't believe in Saylor's statements, that he will "never sell" any BTC. What's the point of buying BTC, if you never sell the BTC? Using those BTC to buy goods and services? Microstrategy is an investment fund, not a regular "brick and mortar" business. Keeping the BTC forever in a cold wallet, even if the BTC price hits 100K USD? I don't think that the Microstrategy shareholders will be happy with that decision. However, I don't want to speculate or discuss gossips and rumors about Saylor's future decisions.

[sunsilk]

Whether he's going to sell $MSTR shares or actual Bitcoin, don't be gullible with his words and also with other known people that owns a company.

They'd come to an unknown time selling their stash for their own benefit. All of them have their reasons why they've been buying and just as us, they're there to make profit.

So, if he said that he's never going to buy, he's got that laser eyes and diamond hands. Possible that he's saying is true but I don't buy that, he's also like us that would like to have some profits.

[CryptoBuds]

What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

AFAIK, Michael Saylor has a Twitter/X account. Why don't you asking him? All those "What if Microstrategy sells BTC?" questions are pure speculation and nothing else. I don't believe in Saylor's statements, that he will "never sell" any BTC. What's the point of buying BTC, if you never sell the BTC? Using those BTC to buy goods and services? Microstrategy is an investment fund, not a regular "brick and mortar" business. Keeping the BTC forever in a cold wallet, even if the BTC price hits 100K USD? I don't think that the Microstrategy shareholders will be happy with that decision. However, I don't want to speculate or discuss gossips and rumors about Saylor's future decisions.

If OP could have asked Michael Saylor directly and had them answer, he wouldn't have asked this question here  .
But what I find strange is why are many people always afraid of organizations and whales selling their bitcoins? They are also investors like us and the purpose of investment is profit, so it is normal for them to take profits. That's nothing scary or something that should make us worry, it's even a good thing because then we will have the opportunity to buy cheap bitcoin.

Also, you're right, those who say they would never sell bitcoin are liars and trying to manipulate the market.

[Webetcoins]

I would like to know your opinion on this issue:

• What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
• If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
• Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

1. I think they are going to take a profit, there is no doubt about that because the primary purpose of their investing in Bitcoin is to gain profit on their investments, and if they don't take profit when the time is right, they are not doing it right. They don't need to sell everything they hold for that though, they can just sell a portion of it.

2. I don't think they or any other company selling their Bitcoins will affect the price of Bitcoin much because they will most probably sell them in batches, and even if they don't do that, they don't hold a large percentage of the total Bitcoin supply.

3. No, I don't consider the actions or holdings of individual entities or companies when making my investment decisions. I only look at market conditions and the position within the cycle where we are at.

[Wind_FURY]

Whether he's going to sell $MSTR shares or actual Bitcoin, don't be gullible with his words and also with other known people that owns a company.

They'd come to an unknown time selling their stash for their own benefit. All of them have their reasons why they've been buying and just as us, they're there to make profit.

So, if he said that he's never going to buy, he's got that laser eyes and diamond hands. Possible that he's saying is true but I don't buy that, he's also like us that would like to have some profits.

But from the context of what Bitcoin is evolving to be, and from an investment perspective, Michael Saylor and definitely many other insitutions - financial or government - should HODL Bitcoin in their treasury as a fall-back/back-up, no?

There's another asset that many institutions truly like to HODL for that purpose. It's called Gold. Saylor's HODL-motive, Gold-like investment strategy for Bitcoin is nothing new. MicroStrategy might sell some Bitcoin, but it will always HODL Bitcoin. The cat is out of the bag ser.

[Hamza2424]

Does it have to do anything with your holdings or accumulation, as far as I know, it won't impact you at ll but it will cause some temporary fluctuation in the market still many buyers are waiting to make the OTC deals with MicroStrategy for the mass buying. They won't dump all in the open market because they've already experienced how big mess it creates in the market, a recent example is LUNA treasury.\

At present, there is a multitude of fan theories surrounding Bitcoin, accompanied by numerous concerns and speculations. All we require is time to allow destiny to unfold. Whether we emerge wealthy or impoverished hinges on our chosen course of action. My sole recommendation for any crisis is to avoid succumbing to weakness, as the potential of Bitcoin, even amidst a million speculations, will remain unchanged haha the hero is reborn haha just a joke.

[coolcoinz]

The way I see it, he treats it the way countries treat gold, like a reserve asset.
You have to realize that when you reach a certain level of wealth, you no longer have a normal bank account, but you start to have a deal with the bank. You don't need to go through processes other people do to take a loan. They know how much you have, you call them and you can refer the person you want to get the money to the bank and that person is being told that the money is now in his name and he's certain balance available.

When you own bitcoin, you can show that you have it and you can get open a line of credit using bitcoin as collateral, while your bitcoin gains value and fiat money that you're getting loses. It's a long term strategy and one that makes sense only when you operate in millions. It's a different world when you have a billion dollars in assets, which is why when Fink came in and said I want ETF in 1 year tops, he got it.

I believe when he says that he'll never sell it, at least for as long as he has something to say about the route the company takes. 

[Cookdata]

Whether he's going to sell $MSTR shares or actual Bitcoin, don't be gullible with his words and also with other known people that owns a company.

They'd come to an unknown time selling their stash for their own benefit. All of them have their reasons why they've been buying and just as us, they're there to make profit.

So, if he said that he's never going to buy, he's got that laser eyes and diamond hands. Possible that he's saying is true but I don't buy that, he's also like us that would like to have some profits.

All companies has there yearly or annual revenue report which means the board need breeding about where and how money is going and coming. He might be the CEO of the company but with obligations to let people know there profits and there share and even with this, there will be some faction in that company that wouldn't like this buying of bitcoin, Michael Saylor tellimg us he is not going to sell and continue to buy and then went ahead to validate that statement with 300k think people are that dumb, trust me may whales are familiar with his game, they will sell and live him be until SEC will come knocking on his door for doing one or two things that is against the descipline of financial system.

Who doesn't like profit, tell me. I might believe if it's coming from Bitcoin company but not from a software company that is profit base and not a non government organization, he really think people really care about his position in Bitcoin.

[aoluain]

I would like to know your opinion on this issue:

• What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?

It never enters my mind until these threads come up. Yea there is a probability of a sell off
at some stage. It would go against everything he preaches and there is a chance that the
majority of his co investors are on the same page as him so they have a loooooong outlook.

• If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?

It depends on the amount of Bitcoin being sold, there would be an affect but in the
end Bitcoin is bigger than any one entity.

• Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

No because as above Bitcoin is greater than any one entity and I'm not a trader
so events whatever they are wont affect me in the long term [/list]

[Vincom]

It never enters my mind until these threads come up. Yea there is a probability of a sell off at some stage. It would go against everything he preaches and there is a chance that the majority of his co investors are on the same page as him so they have a loooooong outlook.

It depends on the amount of Bitcoin being sold, there would be an affect but in the end Bitcoin is bigger than any one entity.

No because as above Bitcoin is greater than any one entity and I'm not a trader so events whatever they are wont affect me in the long term

When MS holds BTC, there is always the possibility that MS will sell BTC to make a profit and they can explain it with some silly reason like Tesla used to sell BTC to test the liquidity of the market. Saylor may be a BTC fan but he does not own MS. He is just the CEO, the decision-making power belongs to the board of directors.

With around 200K BTC ~ 12B USD, the impact of the sell-off will be extremely large. I hope they will sell partially or in multiple batches, both on CEXs and on OTC to minimize the negative impact on price, MS will also benefit by selling at the highest possible price.

And I also don't expect that we will have some fake news about this issue when MS's X account may be hacked again in the uptrend 

[sunsilk]

Whether he's going to sell $MSTR shares or actual Bitcoin, don't be gullible with his words and also with other known people that owns a company.

They'd come to an unknown time selling their stash for their own benefit. All of them have their reasons why they've been buying and just as us, they're there to make profit.

So, if he said that he's never going to buy, he's got that laser eyes and diamond hands. Possible that he's saying is true but I don't buy that, he's also like us that would like to have some profits.

But from the context of what Bitcoin is evolving to be, and from an investment perspective, Michael Saylor and definitely many other insitutions - financial or government - should HODL Bitcoin in their treasury as a fall-back/back-up, no?

There's another asset that many institutions truly like to HODL for that purpose. It's called Gold. Saylor's HODL-motive, Gold-like investment strategy for Bitcoin is nothing new. MicroStrategy might sell some Bitcoin, but it will always HODL Bitcoin. The cat is out of the bag ser.

While technically that's true that he's got to hold it for and he's one of the guys with their companies, financial institutions that has shown interest.

But for the sake of not being gullible, they'd really going to sell some in the future and that will surely going to affect the market once they do it.

All companies has there yearly or annual revenue report which means the board need breeding about where and how money is going and coming. He might be the CEO of the company but with obligations to let people know there profits and there share and even with this, there will be some faction in that company that wouldn't like this buying of bitcoin, Michael Saylor tellimg us he is not going to sell and continue to buy and then went ahead to validate that statement with 300k think people are that dumb, trust me may whales are familiar with his game, they will sell and live him be until SEC will come knocking on his door for doing one or two things that is against the descipline of financial system.

Who doesn't like profit, tell me. I might believe if it's coming from Bitcoin company but not from a software company that is profit base and not a non government organization, he really think people really care about his position in Bitcoin.

I agree.

He has to hold for the company and with his clients but the time of selling will come. It may not be as a whole for the $MSTR but there definitely going to be some huge profit taking that's about to come and they won't want to miss this cycle's moment.

[Vincom]

While technically that's true that he's got to hold it for and he's one of the guys with their companies, financial institutions that has shown interest.

But for the sake of not being gullible, they'd really going to sell some in the future and that will surely going to affect the market once they do it.
-cut-
I agree.

He has to hold for the company and with his clients but the time of selling will come. It may not be as a whole for the $MSTR but there definitely going to be some huge profit taking that's about to come and they won't want to miss this cycle's moment.

MS invests in BTC, it is completely understandable that they will sell. If this happens, I just hope that MS will sell portions of the approximately 200K BTC in their budget to ensure that their behavior does not negatively impact the BTC price and the entire crypto market.

200K BTC ~ 14B USD is a huge amount, which can cause BTC to lose growth momentum and cause investor confidence to quickly evaporate. If the sell-off takes place, I fear we will see an extremely intense downtrend in 2026.

[Lucius]

MS invests in BTC, it is completely understandable that they will sell.

Microstrategy invests in Bitcoin, but if you watch just one of the videos in which Saylor talks about Bitcoin, you will see that Bitcoin is much more than an investment for his company. It is also important to emphasize that this company works on the development of applications for Bitcoin, and that it makes a profit from its main activity.

If this happens, I just hope that MS will sell portions of the approximately 200K BTC in their budget to ensure that their behavior does not negatively impact the BTC price and the entire crypto market.

It is logical that at some point the company will decide to sell part of its BTC, whether it will be a decision to reduce exposure to the risk that may arise in connection with Bitcoin at some point, or maybe even in the event that the company is put up for sale and gets new owner.

200K BTC ~ 14B USD is a huge amount, which can cause BTC to lose growth momentum and cause investor confidence to quickly evaporate. If the sell-off takes place, I fear we will see an extremely intense downtrend in 2026.

Question - do you know how much BTC was sold by the company Grayscale from the beginning of the year until today? The data is quite interesting because it is about 200 000 BTC worth about $9.26 billion. In other words, no disaster would happen for Bitcoin because it is only about 1% of the max supply, and even less than that if we compare it to the BTC that are currently in circulation.

[thecodebear]

Just realize this, bitcoin is far more profitable than the company Microstrategy. So it literally doesn't make sense for them to sell bitcoin. What would they do with it? Keep it in cash? Great now they just exchanged a hard currency for a weak currency, pretty terrible decision. Bitcoin IS the thing that is growing the company. Selling Bitcoin would only hurt the growth of the company.


The only reasons they would sell Bitcoin, other than some tax loss harvesting like they did a couple years ago (though that same quarter they bought more Bitcoin than they had sold), would be to have money to grow the business if they thought they can grow the business at a faster rate than Bitcoin's price growth, or to time the market and sell high to buy in low.

Michael Saylor has been pretty straight forward about not trying to time the market, they just DCA and don't sell. So I doubt they are going to bother timing the market cycles and selling during a bull run to buy back on the crash. They might, but so far it doesn't seem like they have any intention of doing that. And it would kind of ruin their reputation as a Bitcoin accumulator and make them look more like a Bitcoin trader.

And the other reason, to grow the business, well they can also just raise money through equity offerings to grow the business, they don't need to sell Bitcoin. And since Bitcoin is the thing driving their price of their stock, it would make more sense to sell some equity rather than sell the thing that gives that equity most of its value.


So the people who think Microstrategy is going to at some point just dump all its bitcoin, like when it reaches a certain price, just aren't thinking through the whole reason why Microstrategy has adotped Bitcoin. It essentially never makes sense for them to sell Bitcoin. They aren't a person who is saving up in Bitcoin to retire or to buy things later in life. They are a company whose goal is to grow its market cap. Owning Bitcoin, and buying more and more Bitcoin, is THE thing that grows their market cap. Selling Bitcoin would be completely opposite of the basic economic goals of the company.

[Vincom]

Question - do you know how much BTC was sold by the company Grayscale from the beginning of the year until today? The data is quite interesting because it is about 200 000 BTC worth about $9.26 billion. In other words, no disaster would happen for Bitcoin because it is only about 1% of the max supply, and even less than that if we compare it to the BTC that are currently in circulation.

I also referenced this number 200K BTC, but perhaps we are talking about BTC selling behavior at different times.

urrently we are in the early stages of the uptrend, strong buying from other ETF providers such as BlackRock and Fidelity are enough to absorb all of the BTC sold by GrayScale, and are even enough to support BTC prices on the Spot market.

Conversely, if MS were to sell 200K BTC right at the peak of the market this season, say in 2025 at 150K USD, this selling could prompt a simultaneous sell-off in the market: the selling force completely overwhelms the buying force and the BTC price can return to 100K USD extremely quickly. Worse, BTC spot ETF can completely make the situation worse when traditional investors also want to take profits, the negative impact will be amplified and we may have the opportunity to buy back BTC at 50K USD.

Just realize this, bitcoin is far more profitable than the company Microstrategy. So it literally doesn't make sense for them to sell bitcoin. What would they do with it? Keep it in cash? Great now they just exchanged a hard currency for a weak currency, pretty terrible decision. Bitcoin IS the thing that is growing the company. Selling Bitcoin would only hurt the growth of the company.


The only reasons they would sell Bitcoin, other than some tax loss harvesting like they did a couple years ago (though that same quarter they bought more Bitcoin than they had sold), would be to have money to grow the business if they thought they can grow the business at a faster rate than Bitcoin's price growth, or to time the market and sell high to buy in low.

Michael Saylor has been pretty straight forward about not trying to time the market, they just DCA and don't sell. So I doubt they are going to bother timing the market cycles and selling during a bull run to buy back on the crash. They might, but so far it doesn't seem like they have any intention of doing that. And it would kind of ruin their reputation as a Bitcoin accumulator and make them look more like a Bitcoin trader.

And the other reason, to grow the business, well they can also just raise money through equity offerings to grow the business, they don't need to sell Bitcoin. And since Bitcoin is the thing driving their price of their stock, it would make more sense to sell some equity rather than sell the thing that gives that equity most of its value.


So the people who think Microstrategy is going to at some point just dump all its bitcoin, like when it reaches a certain price, just aren't thinking through the whole reason why Microstrategy has adotped Bitcoin. It essentially never makes sense for them to sell Bitcoin. They aren't a person who is saving up in Bitcoin to retire or to buy things later in life. They are a company whose goal is to grow its market cap. Owning Bitcoin, and buying more and more Bitcoin, is THE thing that grows their market cap. Selling Bitcoin would be completely opposite of the basic economic goals of the company.

If Saylor and MS will hold BTC through the next crypto winter, they will have a neew fan, is me

If the business situation continues to be positive and shareholders continue to trust MS's investment strategy, MS will have no reason to sell their BTC. On the contrary, if the market situation is not favorable and shareholders want to maximize business profits, it would not be unusual for MS to sell part or all of BTC right in the distribution area of this season.

Personally, I also want MS to hold BTC forever so that this uptrend lasts a little longer, giving altcoins more time to grow and create greater profits for wise investors!

[btc78]

• What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?

If they know any better, they might keep on holding until after halving comes. Of course, it’s hard to predict because we don’t know their goals and objectives but I think a lot of people who are into long-term holding would only take profits after new ATH is hit.

• If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?

They’re probably not gonna take all their bitcoin in one single transaction and there are other ways to sell bitcoin without directly alerting the market. But if they do sell a huge amount, there might be other investors who will follow suit.

• Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

No. It might be a good indication for others but I prefer looking at the market myself.

[highalch]

Saylor claims, never.

It's his promise. At this point it would not even make financial sense, as bitcoin is THE thing that gives Microstrategy and Saylor their credibility. Once he sells one sat, the whole world follows and pulls money out of MSTR.

[thecodebear]

If Saylor and MS will hold BTC through the next crypto winter, they will have a neew fan, is me

If the business situation continues to be positive and shareholders continue to trust MS's investment strategy, MS will have no reason to sell their BTC. On the contrary, if the market situation is not favorable and shareholders want to maximize business profits, it would not be unusual for MS to sell part or all of BTC right in the distribution area of this season.

Personally, I also want MS to hold BTC forever so that this uptrend lasts a little longer, giving altcoins more time to grow and create greater profits for wise investors!

Well they already did hold it through crypto winter. So you should already be a fan haha.

The last bear market was the only time they would be at all worried about their bitcoin holdings, because the market went much lower than where they bought a lot of their bitcoin. The next bear market is going to be a breeze for them because most of their bitcoin will be in profit even at the bottom of the next bear market. There is no reason whatsoever to expect them to sell anything during the next bear market. They will continue buying in the next bear market, as they did last bear market.

In terms of maximizing business profits, selling Bitcoin would be the opposite of that. Selling bitcoin means the company becomes less valuable. Saylor understands this well, which is why he always says they won't sell and they will keep buying.

Saylor claims, never.

It's his promise. At this point it would not even make financial sense, as bitcoin is THE thing that gives Microstrategy and Saylor their credibility. Once he sells one sat, the whole world follows and pulls money out of MSTR.

Yes. As simple as this. The entire promise to investors that the company will keep growing their value is based on the company increasing the amount of Bitcoin they have, not decreasing!

[blckhawk]

Saylor claims, never.

It's his promise. At this point it would not even make financial sense, as bitcoin is THE thing that gives Microstrategy and Saylor their credibility. Once he sells one sat, the whole world follows and pulls money out of MSTR.

Maybe that's the answer when he's asked if he will sell all the bitcoins at once, I don't think that selling a small portion to make a profit and then get back on the market is a better strategy than just hodling it in. That power is really something though, when you move your bitcoin, the market has it's eyes on you and what you'll plan to do with it, it sounds like market manipulation but when you get to his level, I don't think that you're smart if you don't abuse that power. Maybe I'm wrong that even a single bitcoin would never be sold by MicroStrategy and they really plan to hodl but I like to think that when the whole board decides though, will he be powerful enough to circumvent their authority?

[thecodebear]

Saylor claims, never.

It's his promise. At this point it would not even make financial sense, as bitcoin is THE thing that gives Microstrategy and Saylor their credibility. Once he sells one sat, the whole world follows and pulls money out of MSTR.

Maybe that's the answer when he's asked if he will sell all the bitcoins at once, I don't think that selling a small portion to make a profit and then get back on the market is a better strategy than just hodling it in. That power is really something though, when you move your bitcoin, the market has it's eyes on you and what you'll plan to do with it, it sounds like market manipulation but when you get to his level, I don't think that you're smart if you don't abuse that power. Maybe I'm wrong that even a single bitcoin would never be sold by MicroStrategy and they really plan to hodl but I like to think that when the whole board decides though, will he be powerful enough to circumvent their authority?

I think they just realize its safer to not try to time the market. Sure they COULD try to time the market, and say that they are selling some to buy back in on the crash. But again, that involves timing the market. If they time it wrong it just makes them look bad and makes them seem like they are trying to become a trader. Saylor has made it very clear they are just going to keep DCAing into Bitcoin, not try to time the market, and not sell. They've already sold once for tax accounting purposes, but also bought enough at the same time to make up for that. They could do something like that in the future, but it would likely just involve buying back the same amount or more, not trying to time the market to buy back later.

It just simply does not make sense for them to do anything other than keep stacking sats. Selling sats only hurts the company.

[dansus021]

Sooner or later Michael Saylor or MicroStrategy would sell its bitcoin because, in the end, the Company wants a piece of the profit tho I believe both Michael Saylor the company MicroStrategy gonna sell all of it, Maybe they gonna sell like a quarter or even a half of it but not all of it.

[Lucius]

I also referenced this number 200K BTC, but perhaps we are talking about BTC selling behavior at different times.

urrently we are in the early stages of the uptrend, strong buying from other ETF providers such as BlackRock and Fidelity are enough to absorb all of the BTC sold by GrayScale, and are even enough to support BTC prices on the Spot market.

Conversely, if MS were to sell 200K BTC right at the peak of the market this season, say in 2025 at 150K USD, this selling could prompt a simultaneous sell-off in the market: the selling force completely overwhelms the buying force and the BTC price can return to 100K USD extremely quickly. Worse, BTC spot ETF can completely make the situation worse when traditional investors also want to take profits, the negative impact will be amplified and we may have the opportunity to buy back BTC at 50K USD.

I still think you're overestimating the 200 000 BTC that MS has compared to the 19.6+ million BTC that are in circulation - as well as ignoring the fact that MS buys their BTC through the OTC, and their sales would go the same way. MS is really the least problem when it comes to the price of BTC, because the ETFs that are buying now will reach 1 million BTC at some point, and the data on how much they buy/sell is publicly available and we will all know when/if the mass outflow starts.

Corrections always happened and went up to 90%, it's nothing new that we haven't experienced before and that we won't experience again. The only question is whether the new players in the game will stabilize the market to some extent or whether everything will continue to happen in cycles as before.

[bbc.reporter]

Sooner or later Michael Saylor or MicroStrategy would sell its bitcoin because, in the end, the Company wants a piece of the profit tho I believe both Michael Saylor the company MicroStrategy gonna sell all of it, Maybe they gonna sell like a quarter or even a half of it but not all of it.

I had a similar opinion before, however, it presently appears that he wants to create his legacy more than profit. I reckon that under his leadership over Microstrategy's bitcoin fund, there might be no selling of all of the bitcoin in their treasury. I speculate that he also wants to be someone who is written in investment history books as a financial genius. This also implies that we will hear more of his there is no second best speeches hehehehee.



The world’s most famous Bitcoin billionaire says the new Bitcoin ETFs from BlackRock and Fidelity have proven more successful than even he had imagined.

"We thought that maybe Bitcoin was a competitor to gold, but it has actually run up the leaderboard, and now it’s starting to nip at the heels of the S&P 500 Index ETFs,” MicroStrategy CEO Michael Saylor said during an interview at the Madeira Bitcoin conference.

Saylor said gold ETFs, which remain the largest commodity ETFs in the United States, will be surpassed by their Bitcoin counterparts in “not too long a time.”

Read in full https://decrypt.co/220434/bitcoin-etf-versus-gold-sp500-index

[Iranus]

Sooner or later Michael Saylor or MicroStrategy would sell its bitcoin because, in the end, the Company wants a piece of the profit tho I believe both Michael Saylor the company MicroStrategy gonna sell all of it, Maybe they gonna sell like a quarter or even a half of it but not all of it.

It's all for profit, so if they feel it's not enough, they won't sell it all, but if they need money or feel it's profitable enough, there's no reason not to sell it all. I don't rule out the possibility that they will sell out of bitcoin during the next bull season when bitcoin peaks and that will probably be the cause of another bear market. And then, they continue to buy back bitcoin during bear season at lower prices.

Don't be too naive to believe that they will never sell all their bitcoins, they are large organizations and have enough potential to manipulate the market more than we think.

[khiholangkang]

Sooner or later Michael Saylor or MicroStrategy would sell its bitcoin because, in the end, the Company wants a piece of the profit tho I believe both Michael Saylor the company MicroStrategy gonna sell all of it, Maybe they gonna sell like a quarter or even a half of it but not all of it.

It's all for profit, so if they feel it's not enough, they won't sell it all, but if they need money or feel it's profitable enough, there's no reason not to sell it all. I don't rule out the possibility that they will sell out of bitcoin during the next bull season when bitcoin peaks and that will probably be the cause of another bear market. And then, they continue to buy back bitcoin during bear season at lower prices.

Don't be too naive to believe that they will never sell all their bitcoins, they are large organizations and have enough potential to manipulate the market more than we think.

There is no other indicator that crazy bitcoin investors will try to make a profit from bitcoin itself, I am very sure of that, how can large companies buy bitcoin with large amounts without any purpose other than profit.

They are businessmen, and they know how to multiply money with bitcoin, so we who invest in bitcoin, is not one of the goals is the profit from the increase in the price of bitcoin itself, microstrategy is a company that must make a profit and may have to give dividends every year to its shareholders, so with other institutions. So before they sell we must sell early, and before they enter we must enter earlier than them, simple but difficult.

[thecodebear]

Sooner or later Michael Saylor or MicroStrategy would sell its bitcoin because, in the end, the Company wants a piece of the profit tho I believe both Michael Saylor the company MicroStrategy gonna sell all of it, Maybe they gonna sell like a quarter or even a half of it but not all of it.

It's all for profit, so if they feel it's not enough, they won't sell it all, but if they need money or feel it's profitable enough, there's no reason not to sell it all. I don't rule out the possibility that they will sell out of bitcoin during the next bull season when bitcoin peaks and that will probably be the cause of another bear market. And then, they continue to buy back bitcoin during bear season at lower prices.

Don't be too naive to believe that they will never sell all their bitcoins, they are large organizations and have enough potential to manipulate the market more than we think.

There is no other indicator that crazy bitcoin investors will try to make a profit from bitcoin itself, I am very sure of that, how can large companies buy bitcoin with large amounts without any purpose other than profit.

They are businessmen, and they know how to multiply money with bitcoin, so we who invest in bitcoin, is not one of the goals is the profit from the increase in the price of bitcoin itself, microstrategy is a company that must make a profit and may have to give dividends every year to its shareholders, so with other institutions. So before they sell we must sell early, and before they enter we must enter earlier than them, simple but difficult.

lol a lot of you all are still stuck in a fiat mindset...thinking they they have to sell to make a profit haha. They make a profit by HOLDING bitcoin, not by selling! All selling would do would be to decrease the value of the company. They aren't a person, living off of bitcoin. They are a company with a preexisiting business. They NEVER have to sell if they don't want to. And it makes no financial sense for them to ever sell. Also they don't pay a dividend, so they don't need cashflow to pay that.

You all saying the MUST sell at some point need to switch your thinking. You are in a fiat mindset while Saylor is in a Bitcoin and shareholder mindset. Saylor wants to increase the value of his company, owning more Bitcoin does that. Selling bitcoin would mean owning less bitcoin which would decrease the value of his company. Selling bitcoin is literally completely against their goals as a company.



Also MicroStrategy just bought another 12,000 BTC with over $800 million at $68k and change from their latest convertible note offering. They now own 205k bitcoin, making the company more valuable than ever.

[bbc.reporter]

Sooner or later Michael Saylor or MicroStrategy would sell its bitcoin because, in the end, the Company wants a piece of the profit tho I believe both Michael Saylor the company MicroStrategy gonna sell all of it, Maybe they gonna sell like a quarter or even a half of it but not all of it.

It's all for profit, so if they feel it's not enough, they won't sell it all, but if they need money or feel it's profitable enough, there's no reason not to sell it all. I don't rule out the possibility that they will sell out of bitcoin during the next bull season when bitcoin peaks and that will probably be the cause of another bear market. And then, they continue to buy back bitcoin during bear season at lower prices.

Don't be too naive to believe that they will never sell all their bitcoins, they are large organizations and have enough potential to manipulate the market more than we think.

On Michael Sailor Moon, I disagree. I speculate that it is not only profit for him. He is certainly doing this for his legacy and also why would he sell bitcoin if this is going to become something similar to gold? Uncle Larry and Aunt Cathie has been buying much of the bitcoin cousin Barry has been dumping.

There was a news article that mentioned Blackrock has presently more bitcoin than Microstrategy. This is only the beginning of this race who creates a legacy. Will it be Michael Sailor Moon or the new mayor of bitcoin Larry Fink.



BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy

Source https://www.coindesk.com/markets/2024/03/10/blackrocks-spot-etf-nears-200k-bitcoin-passing-michael-saylors-microstrategy/

[OcTradism]

On Michael Sailor Moon, I disagree. I speculate that it is not only profit for him. He is certainly doing this for his legacy and also why would he sell bitcoin if this is going to become something similar to gold? Uncle Larry and Aunt Cathie has been buying much of the bitcoin cousin Barry has been dumping.

Michael Saylor invested his money to Bitcoin for himself but here we are more talking about investment of MicroStrategy and Michael is their brand ambassador in Bitcoin market and communities.

Many people confuse between Michael Saylor and MicroStrategy investments in Bitcoin. Here is a portfolio tracker of MicroStrategy.
https://saylortracker.com/

There was a news article that mentioned Blackrock has presently more bitcoin than Microstrategy. This is only the beginning of this race who creates a legacy. Will it be Michael Sailor Moon or the new mayor of bitcoin Larry Fink

BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy

Source https://www.coindesk.com/markets/2024/03/10/blackrocks-spot-etf-nears-200k-bitcoin-passing-michael-saylors-microstrategy/

In fact MicroStrategy bought 12,000 bitcoins on 11 March and reclaim their leading position from BlackRock.
https://twitter.com/saylor/status/1767158870294605904
https://assets.contentstack.io/v3/assets/bltb564490bc5201f31/bltc7dc403dd2f481f3/65eeec3173d0bcfc03f3976f/form-8-k_03-11-2024_filing-2.pdf

[Vincom]

Michael Saylor invested his money to Bitcoin for himself but here we are more talking about investment of MicroStrategy and Michael is their brand ambassador in Bitcoin market and communities.

Many people confuse between Michael Saylor and MicroStrategy investments in Bitcoin. Here is a portfolio tracker of MicroStrategy.
https://saylortracker.com/

In fact MicroStrategy bought 12,000 bitcoins on 11 March and reclaim their leading position from BlackRock.
https://twitter.com/saylor/status/1767158870294605904
https://assets.contentstack.io/v3/assets/bltb564490bc5201f31/bltc7dc403dd2f481f3/65eeec3173d0bcfc03f3976f/form-8-k_03-11-2024_filing-2.pdf

Anyway, we are witnessing a race for BTC reserves between two giants: MicroStrategy and BlackRock. Both Michael Saylor and Larry Fink have identified BTC as their major strategy for many years to come. This brings positive value to the uptrend of the crypto market and I wish both of them continue to accumulate more BTC for their reserves to push BTC price to 150K USD or even higher during this season.

Unlike Michael Saylor, Larry Fink does not have the right to decide whether BlackRock will buy or sell BTC because everything is up to the decision of IBIT investors. I'm still skeptical about the possibility that MS will sell BTC in the 2025 distribution area, but I can believe that IBIT investors will sell their IBIT when the market declines and as a result, BlackRock will also have to sell BTC from its reserves.

[Vickysagar]

I would like to know your opinion on this issue:

• What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
• If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
• Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

References:
[1] MicroStrategy acquired 850 bitcoin for $37.2 million in January
[2] Michael Saylor’s MicroStrategy Bitcoin Bet Tops $4B in Profit
[3] MicroStrategy’s Losses on Its Bitcoin Bet Near $1 Billion
[4] Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin
[5] MicroStrategy Incorporated (MSTR): Holders
[6] MicroStrategy becomes first listed company to buy bitcoin as part of its capital allocation strategy

1. I don't think that they are gonna sell Bitcoin. But I'd love to see how the market and community would react to that.
2. I think the price would drop significantly, the biggest BTC bull is selling his BTC, imagine that.
3. Not really, I was DCAing when it was cheaper, but now I just switched to altcoins.

[OcTradism]

1. I don't think that they are gonna sell Bitcoin. But I'd love to see how the market and community would react to that.
2. I think the price would drop significantly, the biggest BTC bull is selling his BTC, imagine that.
3. Not really, I was DCAing when it was cheaper, but now I just switched to altcoins.

They create a financial model that allow MicroStrategy investors to get profit without need to force MicroStrategy to sell their bitcoins.

Since September 2020, this model has worked well for MicroStrategy and their investors. This working model is reflected on price of their stock $MSTR that grows from around $150 to $1,500 today.
https://www.google.com/finance/quote/MSTR:NASDAQ

I see their model works but I am not certainly that they will never sell their bitcoins.

[bbc.reporter]

On Michael Sailor Moon, I disagree. I speculate that it is not only profit for him. He is certainly doing this for his legacy and also why would he sell bitcoin if this is going to become something similar to gold? Uncle Larry and Aunt Cathie has been buying much of the bitcoin cousin Barry has been dumping.

Michael Saylor invested his money to Bitcoin for himself but here we are more talking about investment of MicroStrategy and Michael is their brand ambassador in Bitcoin market and communities.

Many people confuse between Michael Saylor and MicroStrategy investments in Bitcoin. Here is a portfolio tracker of MicroStrategy.
https://saylortracker.com/

There was a news article that mentioned Blackrock has presently more bitcoin than Microstrategy. This is only the beginning of this race who creates a legacy. Will it be Michael Sailor Moon or the new mayor of bitcoin Larry Fink

BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy

Source https://www.coindesk.com/markets/2024/03/10/blackrocks-spot-etf-nears-200k-bitcoin-passing-michael-saylors-microstrategy/

In fact MicroStrategy bought 12,000 bitcoins on 11 March and reclaim their leading position from BlackRock.
https://twitter.com/saylor/status/1767158870294605904
https://assets.contentstack.io/v3/assets/bltb564490bc5201f31/bltc7dc403dd2f481f3/65eeec3173d0bcfc03f3976f/form-8-k_03-11-2024_filing-2.pdf

I cannot argue about the most updated numbers and who presently has the higher number of bitcoin in their treasury. However, similar to what I have already mentioned, this is a race on who will be the king of bitcoin. Will it be the new mayor of bitcoin Larry Fink or will it be Michael Sailor Moon? I reckon Satoshi should send $1 of bitcoin to tell everyone that he still has control over his 1 million bitcoin wallet heehhe. Satoshi the real king who can dump 1 million coins to $10k.

[thecodebear]

lol why are you all acting like it is some sort of race between Microstrategy and Blackrock?

Microstrategy is one company, buying Bitcoin for themselves to store on their balance sheet. Blackrock's is an ETF that OTHER people put money into. It's comparing one company against an entire market of investors. Obviously Microstrategy can never keep up with the amount of bitcoin that will be in the Blackrock ETF.

[Iranus]

Sooner or later Michael Saylor or MicroStrategy would sell its bitcoin because, in the end, the Company wants a piece of the profit tho I believe both Michael Saylor the company MicroStrategy gonna sell all of it, Maybe they gonna sell like a quarter or even a half of it but not all of it.

It's all for profit, so if they feel it's not enough, they won't sell it all, but if they need money or feel it's profitable enough, there's no reason not to sell it all. I don't rule out the possibility that they will sell out of bitcoin during the next bull season when bitcoin peaks and that will probably be the cause of another bear market. And then, they continue to buy back bitcoin during bear season at lower prices.

Don't be too naive to believe that they will never sell all their bitcoins, they are large organizations and have enough potential to manipulate the market more than we think.

On Michael Sailor Moon, I disagree. I speculate that it is not only profit for him. He is certainly doing this for his legacy and also why would he sell bitcoin if this is going to become something similar to gold? Uncle Larry and Aunt Cathie has been buying much of the bitcoin cousin Barry has been dumping.

There was a news article that mentioned Blackrock has presently more bitcoin than Microstrategy. This is only the beginning of this race who creates a legacy. Will it be Michael Sailor Moon or the new mayor of bitcoin Larry Fink.

Just because they sell bitcoins and make a profit doesn't mean they will never buy them back when they drop in price. Like all of us here, we will sell and take profits when bitcoin hits $100k or $200k. But is anyone saying they will never go back to buying bitcoin or will people wait for bitcoin to drop to $50k and then start another accumulation?
If I remember correctly, blackrock is a fund that owns assets worth more than 10 trillion USD, do you think that if they buy, buy and never sold, they could have that huge amount of assets? 

[bettercrypto]

Michael Saylor was one of the bitcoin believer who accumulates bitcoin from time to time, as far as I know. Now, why do you want to know when Saylor and Microstrategy wants to sell his Bitcoin holdings? Shouldn't you worry about that because it's his choice? Do you mind your own business?

Maybe it's better for you to understand your holdings because Michael Saylor is sure to have a profit to get from that. Why would Saylor be blindsided by the profit he's going to get?

[DanWalker]

Michael Saylor was one of the bitcoin believer who accumulates bitcoin from time to time, as far as I know. Now, why do you want to know when Saylor and Microstrategy wants to sell his Bitcoin holdings? Shouldn't you worry about that because it's his choice? Do you mind your own business?

Maybe it's better for you to understand your holdings because Michael Saylor is sure to have a profit to get from that. Why would Saylor be blindsided by the profit he's going to get?

I also find it funny and confusing that so many people are always worried about Michael Saylor, Tesla or Satoshi selling their bitcoins. They are also investors like us and if they want to take profits they can sell their bitcoins at any time, there is nothing to worry about and it's not too scary. Because once they sell their bitcoins, someone will definitely buy back all their bitcoins and that's how the market works. Even though they are the ones who hold a lot of bitcoin, they are not the ones who control bitcoin and control the market, what do we have to fear?

[bbc.reporter]

Sooner or later Michael Saylor or MicroStrategy would sell its bitcoin because, in the end, the Company wants a piece of the profit tho I believe both Michael Saylor the company MicroStrategy gonna sell all of it, Maybe they gonna sell like a quarter or even a half of it but not all of it.

It's all for profit, so if they feel it's not enough, they won't sell it all, but if they need money or feel it's profitable enough, there's no reason not to sell it all. I don't rule out the possibility that they will sell out of bitcoin during the next bull season when bitcoin peaks and that will probably be the cause of another bear market. And then, they continue to buy back bitcoin during bear season at lower prices.

Don't be too naive to believe that they will never sell all their bitcoins, they are large organizations and have enough potential to manipulate the market more than we think.

On Michael Sailor Moon, I disagree. I speculate that it is not only profit for him. He is certainly doing this for his legacy and also why would he sell bitcoin if this is going to become something similar to gold? Uncle Larry and Aunt Cathie has been buying much of the bitcoin cousin Barry has been dumping.

There was a news article that mentioned Blackrock has presently more bitcoin than Microstrategy. This is only the beginning of this race who creates a legacy. Will it be Michael Sailor Moon or the new mayor of bitcoin Larry Fink.

Just because they sell bitcoins and make a profit doesn't mean they will never buy them back when they drop in price. Like all of us here, we will sell and take profits when bitcoin hits $100k or $200k. But is anyone saying they will never go back to buying bitcoin or will people wait for bitcoin to drop to $50k and then start another accumulation?
If I remember correctly, blackrock is a fund that owns assets worth more than 10 trillion USD, do you think that if they buy, buy and never sold, they could have that huge amount of assets?  

Who said they are dumping? I did not say this. I said that this will be a race on how who the king of bitcoin. This will be a race berween Larry Fink vs. Michael Saylor. I reckon they want to create a legacy that will be remembered as being financial geniuses who became a king of this new type of digital currency. They are also beginning to notice each other.



While the crypto asset industry faces fear and uncertainty over regulatory clarity in the United States, trading of Bitcoin is hardly contested by regulators. Speaking to CNBC, Saylor said Bitcoin is the “Most certain thing in an economy full of uncertainty.” Also, he welcomed the spot ETF developments from the financial giants. However, he rejected the argument that the ETFs would threaten his company’s investment strategy.

“You can think of Bitcoin as a beautiful house in a scary neighborhood that you have to pay in cash and takes a year to buy and never rent. Whereas the spot Bitcoin ETF is like the same beatiful house in a nice neighborhood that you can buy tomorrow with no down payment.”

Source https://coingape.com/michael-saylor-microstrategy-bitcoin-news-crypto/

[FinneysTrueVision]

The success of the MicroStrategy stock is heavily dependent on Bitcoin performing well. Their holdings are large enough that if they decided to start cashing out it could have a significant impact on Bitcoin’s price which would also negatively affect their stock. MicroStrategy has made a bet on Bitcoin and if they were to sell it would be a signal that they have begun to lose faith in it.

The diamond hands approach is at this point their best strategy. If investors are anxious about losing out on profits then perhaps they should sell their own shares which have been pumped because of Bitcoin, rather than expecting MicroStrategy to sell their BTC holdings.

[Vincom]

I also find it funny and confusing that so many people are always worried about Michael Saylor, Tesla or Satoshi selling their bitcoins. They are also investors like us and if they want to take profits they can sell their bitcoins at any time, there is nothing to worry about and it's not too scary. Because once they sell their bitcoins, someone will definitely buy back all their bitcoins and that's how the market works. Even though they are the ones who hold a lot of bitcoin, they are not the ones who control bitcoin and control the market, what do we have to fear?

What I mentioned consists of 2 parts: MS can totally sell BTC even though Saylor once claimed that MS will hold BTC forever, and if MS sells a large amount of BTC in the distribution zone, their actions will have a very negative impact on the market because of their reputation and the value of their BTC. The selling action of diamond hands can trigger extreme fear in the market and cause the downtrend to be extremely fierce, possibly bigger than what we saw from the collapse of Terra and FTX in 2022.

I myself am not worried about the market going into a downtrend in the future, I am just afraid that such big impacts can change the nature of the market and make me unable to liquidate my crypto assets at the best price I feel uncomfortable that the market can be strongly affected by a few companies, the market should operate according to its own behavior.

[_BlackStar]

I would like to know your opinion on this issue:

• What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
• If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
• Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

Firstly - that's his business, but maybe he won't sell it so soon. He appears to be waiting a little longer and patiently while stimulating more panic among other small investors who are afraid of failing to get maximum returns at the peak of the bullrun.

In the end Michael Saylor and MicroStrategy are very likely to sell some of their bitcoin holdings - but what's the point of thinking about that if you have your own investment goals and profit targets. The impact of a big sell is a price dump - but you can decide when to sell regardless of when Michael Saylor and MicroStrategy sell.

Third - not very, but maybe it's useful. At least bitcoin is more trustworthy because big institutions do it too - that can influence other investors' interest and trust in bitcoin indirectly.

[Vincom]

Firstly - that's his business, but maybe he won't sell it so soon. He appears to be waiting a little longer and patiently while stimulating more panic among other small investors who are afraid of failing to get maximum returns at the peak of the bullrun.

In the end Michael Saylor and MicroStrategy are very likely to sell some of their bitcoin holdings - but what's the point of thinking about that if you have your own investment goals and profit targets. The impact of a big sell is a price dump - but you can decide when to sell regardless of when Michael Saylor and MicroStrategy sell.

Third - not very, but maybe it's useful. At least bitcoin is more trustworthy because big institutions do it too - that can influence other investors' interest and trust in bitcoin indirectly.

I am also prepared to receive any new information about the actions of Saylor and MS regarding their BTC reserves. I would be happier if MS continues to issue bonds or stocks to accumulate BTC, but if MS sells BTC, maybe that is part of their business.

As you said, MS has really become famous for its BTC accumulation strategy, and currently MS is also helping BTC gain more credibility and become an asset worth considering in the asset diversification process of many companies. Whether MS sells BTC in the future or not, Saylor and MS still deserve respect for their contributions to promoting the value of BTC.

[The Cryptovator]

When I am holding Bitcoin, I only know when I will sell it. Only MicroStrategy can say when they are going to sell their holdings. For a long time, MicroStrategy has been accumulating bitcoin, and we don't know what their exact target is. By considering the average accumulation price, they are already making profits. I don't think they will sell their holdings very early. They must have a goal where they might sell. They would have a selling strategy as well, since they have an accumulation strategy. They won't dump the market at all. 

[Medusah]

I do not have anything but the feeling that Saylor will not exit Bitcoin.  He looks convinced that Bitcoin is the top asset.  He is doing nothing but buying and buying more for the past few years.  Recently, he claimed that Bitcoin is the "End Game" and whoever owns the most wins.  It would ruin his reputation if we knew that he sold all of his holdings, and more importantly, MicroStrategy's reputation.

[red4slash]

Microstrategy only has about 174. 530 bitcoins at the moment meaning that with the current supply which is already 19 million in circulation and 2 million that are still not mined means that Microstrategi only has about 1 percent and even that is still less so what are we worried about with this because it might even show a small fluctuation in terms of decline just like what happened when Elon's statement did not accept bitcoin for Tesla but it will not affect the whole because after all it is only a small portion of the bitcoin they have and when it is sold in the end there are still many who will buy bitcoin without worrying that it will affect the market globally.

On the other hand I quite agree with some people who have the thought that if they really want to profit then another possibility to sell the stock they can do without disturbing or selling any bitcoin but indeed if they don't want to do that and sell bitcoin then it also won't be a problem for us as hodlers or people who are in bitcoin because in the end they have decided that and we just need to make plans for our profits by buying it without having to think about anything.

[dansus021]

Just because they sell bitcoins and make a profit doesn't mean they will never buy them back when they drop in price.

“You can think of Bitcoin as a beautiful house in a scary neighborhood that you have to pay in cash and takes a year to buy and never rent. Whereas the spot Bitcoin ETF is like the same beatiful house in a nice neighborhood that you can buy tomorrow with no down payment.”[/i]

Wow wow I never thought that my post was gonna multiple quotes by you Guys hahaha  Hahaha I want to add it up whether BlakcRock or Microstrategy is for-profit company and like many of us when the bitcoin reached its peak I do believe both of them will take the profit and ofcourse they are gonna buy more when the price drops and Bitcoin now is part of the Regular asset like stock bond and forex in my opinion. In the future bitcoin would likely be trade by similar companies like MicroStrategy Blackrock or Tesla and this is is a good thing

[Vincom]

Microstrategy only has about 174. 530 bitcoins at the moment meaning that with the current supply which is already 19 million in circulation and 2 million that are still not mined means that Microstrategi only has about 1 percent and even that is still less so what are we worried about with this because it might even show a small fluctuation in terms of decline just like what happened when Elon's statement did not accept bitcoin for Tesla but it will not affect the whole because after all it is only a small portion of the bitcoin they have and when it is sold in the end there are still many who will buy bitcoin without worrying that it will affect the market globally.

On the other hand I quite agree with some people who have the thought that if they really want to profit then another possibility to sell the stock they can do without disturbing or selling any bitcoin but indeed if they don't want to do that and sell bitcoin then it also won't be a problem for us as hodlers or people who are in bitcoin because in the end they have decided that and we just need to make plans for our profits by buying it without having to think about anything.

I don't think we can rest assured when comparing MS's 200K BTC to the circulating supply of about 19M BTC on the market. Most BTC has not been circulated, and the amount of BTC on CEXs is only about 1.8M BTC. Of course, MS will choose to sell BTC on OTC to get a higher price, but that will also change the supply and demand on CEXs and negatively impact the price of BTC. In the worst case, if the selling pressure is pushed onto CEXs at a time when the market is fearful, we could see a serious drop in the BTC price chart and the entire crypto market.

I'm just a little worried about this, because Saylor always says he will keep buying BTC and hold forever. I don't believe in those statements, I believe in the existence of limits, and I even doubt the ability of MS company to exist for another 100 years...

• Bitcoin Exchange Balance

[Medusah]

Microstrategy only has about 174. 530 bitcoins at the moment

You are 39,716 bitcoins off!

Hahaha I want to add it up whether BlakcRock or Microstrategy is for-profit company and like many of us when the bitcoin reached its peak I do believe both of them will take the profit and ofcourse they are gonna buy more when the price drops and Bitcoin now is part of the Regular asset like stock bond and forex in my opinion. In the future bitcoin would likely be trade by similar companies like MicroStrategy Blackrock or Tesla and this is is a good thing

MicroStrategy got bitcoin at a substantially lower average price than $63k.  They would have made enormous profits if they had sold previously.  However, they are not selling a single satoshi.  I doubt they will sell anytime soon.  They consider it as the most valuable asset.  I am confident they think long term and see themselves as the new elite, because you can tell that they do not treat it as a get-rich-quick plan. 

[yazher]

I do not have anything but the feeling that Saylor will not exit Bitcoin.  He looks convinced that Bitcoin is the top asset.  He is doing nothing but buying and buying more for the past few years.  Recently, he claimed that Bitcoin is the "End Game" and whoever owns the most wins.  It would ruin his reputation if we knew that he sold all of his holdings, and more importantly, MicroStrategy's reputation.

It depends on them whether they want to sell it so soon when the price is quite high or just simply wait for an even longer period in order to maximize their earnings. overall, they are working for their future and making it something interesting by accumulating bitcoins throughout the years without worrying about the consequences of their actions because they have the means to lose it and they are firm on their decisions. As for us, it will just depend on how we want to use our bitcoins because most likely when the price reaches new ATH most of us are selling our bitcoins and those bifg companies are just waiting to buy it for us because they know in the future we will gonna buy it from them.

[Medusah]

It depends on them whether they want to sell it so soon when the price is quite high or just simply wait for an even longer period in order to maximize their earnings.

As I previously stated, they have realized that this is the next big thing, the best store-of-value deserving asset that cannot be inflated arbitrarily.  Why would you want to sell that?  If you were a real estate investor, you would not sell an expensive house in New York or London; instead, you would keep accumulating because you know this is one of the best investments that keeps generating capital. 

As for us, it will just depend on how we want to use our bitcoins because most likely when the price reaches new ATH most of us are selling our bitcoins and those bifg companies are just waiting to buy it for us because they know in the future we will gonna buy it from them.

Exactly.  And they will buy it from you (not you personally), since you think in terms of fiat.  However, these folks who are accumulating bitcoin like crazy do not perceive it as a method to become richer in fiat. 

[hd49728]

Microstrategy only has about 174. 530 bitcoins at the moment

MicroStrategy bought a lot of bitcoins recent weeks and they are accumulating more bitcoins. As Michael Saylor said "The end game is who has most bitcoins win". His company is doing exactly like his vision for the end game.

From buying with own money, now they are doing this with convertible notes, two rounds already.

Your number is not correct and you can use two websites to track MicroStrategy portolio.
https://bitcointreasuries.net/entities/1
https://saylortracker.com/

They have 214,215 BTC now.

[Smack That Ace]

Microstrategy only has about 174. 530 bitcoins at the moment

MicroStrategy bought a lot of bitcoins recent weeks and they are accumulating more bitcoins. As Michael Saylor said "The end game is who has most bitcoins win". His company is doing exactly like his vision for the end game.

From buying with own money, now they are doing this with convertible notes, two rounds already.

Your number is not correct and you can use two websites to track MicroStrategy portolio.
https://bitcointreasuries.net/entities/1
https://saylortracker.com/

They have 214,215 BTC now.

MicroStrategy is still buying and has no plans to stop buying bitcoin this year, but that doesn't mean they will never sell their bitcoin. Just as blackrock has been buying bitcoin continuously since the ETFs were passed, they absorb all the bitcoin sold each day from Grayscale. Many people are excited because large funds continuously buy bitcoin on the market, making the supply increasingly scarce and the price of bitcoin will rise higher. But don't they think that one day if these large funds massively buy their bitcoins, what will happen? Like what Grayscale is doing, they sell large amounts of bitcoin every day, and for the past 2 days they are selling quite large amounts. It can be said that bitcoin's correction is partly due to Grayscale selling its bitcoin. So it was naive for many to believe that MicroStrategy would never sell their bitcoins.

[red4slash]

Microstrategy only has about 174. 530 bitcoins at the moment

MicroStrategy bought a lot of bitcoins recent weeks and they are accumulating more bitcoins. As Michael Saylor said "The end game is who has most bitcoins win". His company is doing exactly like his vision for the end game.

From buying with own money, now they are doing this with convertible notes, two rounds already.

Your number is not correct and you can use two websites to track MicroStrategy portolio.
https://bitcointreasuries.net/entities/1
https://saylortracker.com/

They have 214,215 BTC now.

That he will definitely say because indeed until now he is still a bitcoin maximalist but that does not mean that the words cannot be changed because in the end when someone who has a large level of popularity and has many followers in it, it is likely that changes in statements even opposite even that can happen. We take the example of Elon before in this case because indeed he was also in bitcoin and even gave a situation where he seemed to have a strong desire for his company to adopt bitcoin but look at what happened afterwards because even statements like that are like a situation where it only attracts the trust of the crowd and slowly drops it.
Now what Saylor is doing is very good but we will not know what he will do in the future in the end.

For the total amount issue, I might be mistaken for taking reference from others because I took the reference from Coingecko but thanks for setting the record straight and providing the latest data .

[Vincom]

MicroStrategy is still buying and has no plans to stop buying bitcoin this year, but that doesn't mean they will never sell their bitcoin. Just as blackrock has been buying bitcoin continuously since the ETFs were passed, they absorb all the bitcoin sold each day from Grayscale. Many people are excited because large funds continuously buy bitcoin on the market, making the supply increasingly scarce and the price of bitcoin will rise higher. But don't they think that one day if these large funds massively buy their bitcoins, what will happen? Like what Grayscale is doing, they sell large amounts of bitcoin every day, and for the past 2 days they are selling quite large amounts. It can be said that bitcoin's correction is partly due to Grayscale selling its bitcoin. So it was naive for many to believe that MicroStrategy would never sell their bitcoins.

There is a slight difference between MS and BlackRock: MS buys BTC using the money of MSTR stock investors according to MS's own plan. BlackRock accumulates BTC according to the demand of investors in the BTC spot ETF.

Although both buy BTC with the money of other parties, their nature is different. Similarly, when ETF investors sell IBIT, BlackRock will have to sell BTC, while MS can continue to hold BTC even if the price of MSTR falls due to selling pressure. However, that does not mean that MS will hold BTC forever.

We do not believe that MS company can exist forever, so we do not need to hope that MS will hold and buy BTC forever. Even if BTC can reach 100K USD or 1M USD, at some point in the future, I believe that we will have news about MS selling BTC.

[Lanatsa]

Microstrategy only has about 174. 530 bitcoins at the moment

MicroStrategy bought a lot of bitcoins recent weeks and they are accumulating more bitcoins. As Michael Saylor said "The end game is who has most bitcoins win". His company is doing exactly like his vision for the end game.

From buying with own money, now they are doing this with convertible notes, two rounds already.

Your number is not correct and you can use two websites to track MicroStrategy portolio.
https://bitcointreasuries.net/entities/1
https://saylortracker.com/

They have 214,215 BTC now.

That he will definitely say because indeed until now he is still a bitcoin maximalist but that does not mean that the words cannot be changed because in the end when someone who has a large level of popularity and has many followers in it, it is likely that changes in statements even opposite even that can happen. We take the example of Elon before in this case because indeed he was also in bitcoin and even gave a situation where he seemed to have a strong desire for his company to adopt bitcoin but look at what happened afterwards because even statements like that are like a situation where it only attracts the trust of the crowd and slowly drops it.
Now what Saylor is doing is very good but we will not know what he will do in the future in the end.

For the total amount issue, I might be mistaken for taking reference from others because I took the reference from Coingecko but thanks for setting the record straight and providing the latest data .

No one really knows on when these fellas would really be selling out their bags, but one things for sure that it would really be surely be bringing out that huge impact or movement towards the price.
This is why it cant really be avoided for the masses to have this kind of worrying just because we've been aware on how big or many coins that they've been holding Even if we do say that he's really that a maximalist or really that a solid believer but doesnt mean that those words would really be that remains forever on which we do really have that so called profit taking of course.

It is really just that impossible that these people wont really be having that threshold point. We could really be assuming out that acquiring Bitcoin doesnt really give him that potential
earning or profits in long time but also it is really that bring out some attention and exposure towards him and the companies that he owns or handling
on which its a win-win situation.

[livingfree]

Microstrategy only has about 174. 530 bitcoins at the moment

MicroStrategy bought a lot of bitcoins recent weeks and they are accumulating more bitcoins. As Michael Saylor said "The end game is who has most bitcoins win". His company is doing exactly like his vision for the end game.

From buying with own money, now they are doing this with convertible notes, two rounds already.

Your number is not correct and you can use two websites to track MicroStrategy portolio.
https://bitcointreasuries.net/entities/1
https://saylortracker.com/

They have 214,215 BTC now.

They keep on buying and their other rival in the competition of owning the most Bitcoins is BlackRock. These two are like in a head to head war on who's going to have the most of it.

While it's likely that MSTR won't really sell all of it at once but I do believe that there's one point in our lifetimes that they're going to sell bulk of it that shall send the market down.

They'll get to buyback that and take the clean cash and profit from the market. That's what I am really thinking about on how they're going to capitalize on their holdings.

[Troytech]

If you are waiting for any of this big companies to stop buying bitcoin, just know that's not happening, micro strategy plans to hold more of the total supply of bitcoin than any one else and that the goal of most big companies, they plan to hold bitcoin and keep their value in bitcoin.

Retail investors must buckle up cause if big companies that have the power to trade bitcoin or make real short term profits from bitcoin would rather not and hold bitcoin for long then they is a reason why long term investment should be favoured above short term investment.

[Smack That Ace]

MicroStrategy is still buying and has no plans to stop buying bitcoin this year, but that doesn't mean they will never sell their bitcoin. Just as blackrock has been buying bitcoin continuously since the ETFs were passed, they absorb all the bitcoin sold each day from Grayscale. Many people are excited because large funds continuously buy bitcoin on the market, making the supply increasingly scarce and the price of bitcoin will rise higher. But don't they think that one day if these large funds massively buy their bitcoins, what will happen? Like what Grayscale is doing, they sell large amounts of bitcoin every day, and for the past 2 days they are selling quite large amounts. It can be said that bitcoin's correction is partly due to Grayscale selling its bitcoin. So it was naive for many to believe that MicroStrategy would never sell their bitcoins.

There is a slight difference between MS and BlackRock: MS buys BTC using the money of MSTR stock investors according to MS's own plan. BlackRock accumulates BTC according to the demand of investors in the BTC spot ETF.

Although both buy BTC with the money of other parties, their nature is different. Similarly, when ETF investors sell IBIT, BlackRock will have to sell BTC, while MS can continue to hold BTC even if the price of MSTR falls due to selling pressure. However, that does not mean that MS will hold BTC forever.

We do not believe that MS company can exist forever, so we do not need to hope that MS will hold and buy BTC forever. Even if BTC can reach 100K USD or 1M USD, at some point in the future, I believe that we will have news about MS selling BTC.

But there is one thing in common between MS and BlackRock that is the main goal is profit and to achieve profit they need to have transactions meaning they will buy, accumulate and sell when the time is right. So, it would be foolish for us to believe that MS will hold bitcoins forever or will not sell any bitcoins. Just because they have been accumulating bitcoin for years and haven't sold any yet doesn't mean they won't sell in the future.

[Vincom]

If you are waiting for any of this big companies to stop buying bitcoin, just know that's not happening, micro strategy plans to hold more of the total supply of bitcoin than any one else and that the goal of most big companies, they plan to hold bitcoin and keep their value in bitcoin.

Retail investors must buckle up cause if big companies that have the power to trade bitcoin or make real short term profits from bitcoin would rather not and hold bitcoin for long then they is a reason why long term investment should be favoured above short term investment.

I don't think they will sell their entire BTC reserve and then declare to abandon the crypto market when BTC continues to be a major asset in this market. They will sell a part or all of it and then buy it back and continue their long-term Bitcoin strategy. But MS's selling will go against Saylor's statement, that will be an interesting time that I'm waiting for. I wouldn't be surprised if MS sells their BTC in 2025 or 2026, the surprise would be that they will continue to hold BTC through the crypto winter.

But there is one thing in common between MS and BlackRock that is the main goal is profit and to achieve profit they need to have transactions meaning they will buy, accumulate and sell when the time is right. So, it would be foolish for us to believe that MS will hold bitcoins forever or will not sell any bitcoins. Just because they have been accumulating bitcoin for years and haven't sold any yet doesn't mean they won't sell in the future.

Precisely, we should realize this: they are all companies looking for profits, not love for BTC. BTC has been around for 15 years, they know BTC but only really wanted to profit from it in 2020 and 2023. BlackRock will sell BTC as soon as their clients sell too much IBIT, which will happen in about 18 months, but MS may hold it longer, but it's not like they won't sell any BTC until the end of the world!

[Marvell1]

If you are waiting for any of this big companies to stop buying bitcoin, just know that's not happening, micro strategy plans to hold more of the total supply of bitcoin than any one else and that the goal of most big companies, they plan to hold bitcoin and keep their value in bitcoin.

Retail investors must buckle up cause if big companies that have the power to trade bitcoin or make real short term profits from bitcoin would rather not and hold bitcoin for long then they is a reason why long term investment should be favoured above short term investment.

I don't think they will sell their entire BTC reserve and then declare to abandon the crypto market when BTC continues to be a major asset in this market. They will sell a part or all of it and then buy it back and continue their long-term Bitcoin strategy. But MS's selling will go against Saylor's statement, that will be an interesting time that I'm waiting for. I wouldn't be surprised if MS sells their BTC in 2025 or 2026, the surprise would be that they will continue to hold BTC through the crypto winter.

Don't listen to what they say but look at what they do. If MS sells some or all of its bitcoin holdings during the next bull season, I wouldn't be surprised.

Ask the question, they are large holders of bitcoin, they understand that their words and actions will have a significant impact on the market. If they honestly disclosed the bitcoin sale time, how would the market react? Surely bitcoin will be dumped immediately after their statement and they will have to sell their bitcoin at a much lower price. But instead, they announced they would not sell bitcoins and always believed in bitcoins, and they silently sold them to the market at high prices while everyone was falling into the Fomo trap.

If I were MS, I would definitely do the same. Everyone needs to remember that this is a battlefield, not a place of charity, the business arena is a battlefield, so never trust anyone.

[rodskee]

If a Microstrategy shareholder wants to take profits all they have to do is sell their shares of the company. No need to sell any bitcoin for that.

If Michael Saylor himself wants to profit from his bitcoin investment then likewise he can just sell some shares of the company. Not a single bitcoin ever needs to be sold.

This is if the Microstrategy is a complete Bitcoin supporter and will truly a Holder then that will be
their action to sell their share of company more than selling bitcoin but the problem is that what if they truly
intended just to buy and sell bitcoin? then this will be a different approach because obviously all of them are
about money and all of us believe that we can make money in crypto and most specially bitcoin , so this is
still depending in their plans and target in long term.

[CryptopreneurBrainboss]

When I am holding Bitcoin, I only know when I will sell it. Only MicroStrategy can say when they are going to sell their holdings. For a long time, MicroStrategy has been accumulating bitcoin, and we don't know what their exact target is. By considering the average accumulation price, they are already making profits. I don't think they will sell their holdings very early. They must have a goal where they might sell. They would have a selling strategy as well, since they have an accumulation strategy. They won't dump the market at all.

Michael Saylor (MicroStrategy) are smart investors, they already have am exit strategy which they won't disclosed to anyone knowing it would affect the market and reduced their chances of making far more profits than they'll make of the public doesn't know their existing targets. Lets take Bitcoin as an example, when it's a public knowledge that the potential ATH is at a specific price from various top speculators, Bitcoin find it hard to get to that price because there's many selling pressure from traders at a closer price to that targeted ATH so Micheal saylor won't be disclosing that information to the public and we should stop being bothered about when they're going to sell because they're not the ones controlling the market.

They might be the top investors that everyone is lookin up to for now but whenever they're ready to leave the market, they'll be replaced by other top investors. Why aren't we asking, when is Michael Saylor (MicroStrategy) buying and not when they're selling, we should be interested more in when they're buying so we join them in buying then we can set our own exits plans but it shouldn't be a permanent exit plan from Bitcoin because Bitcoin isn't going anywhere and anyone that leaves the market permanently irrespective of how much they have made will be missing out if what Bitcoin has for its investors ahead.

[Ben Barubal]

     Michael Saylor is obviously a bitcoin fanatic, and I can make him an example of a good holder of a crypto that should be emulated. I am not talking about how much you can buy, but whatever goal he has, he really wants to achieve.

     And what I saw from him is that whatever he has, he will immediately sell bitcoin, which is a good example for other investors, to be honest. And if he ever sells it, I am pretty sure that he will release the bitcoin, as it already has a huge ROI for him.

[red4slash]

That he will definitely say because indeed until now he is still a bitcoin maximalist but that does not mean that the words cannot be changed because in the end when someone who has a large level of popularity and has many followers in it, it is likely that changes in statements even opposite even that can happen. We take the example of Elon before in this case because indeed he was also in bitcoin and even gave a situation where he seemed to have a strong desire for his company to adopt bitcoin but look at what happened afterwards because even statements like that are like a situation where it only attracts the trust of the crowd and slowly drops it.
Now what Saylor is doing is very good but we will not know what he will do in the future in the end.

For the total amount issue, I might be mistaken for taking reference from others because I took the reference from Coingecko but thanks for setting the record straight and providing the latest data .

No one really knows on when these fellas would really be selling out their bags, but one things for sure that it would really be surely be bringing out that huge impact or movement towards the price.
This is why it cant really be avoided for the masses to have this kind of worrying just because we've been aware on how big or many coins that they've been holding Even if we do say that he's really that a maximalist or really that a solid believer but doesnt mean that those words would really be that remains forever on which we do really have that so called profit taking of course.

It is really just that impossible that these people wont really be having that threshold point. We could really be assuming out that acquiring Bitcoin doesnt really give him that potential
earning or profits in long time but also it is really that bring out some attention and exposure towards him and the companies that he owns or handling
on which its a win-win situation.

Actually no, even though the words of influencers or people who have a large following such as Elon and Saylor are still possible to change and make a movement to the contrary but when talking about prices then it will not have too much more impact because after all we must be aware of the current situation let alone only a small portion of bitcoin they have what is expected to make market manipulation because in the end as said earlier the total bitcoin they have is not even up to 2 percent of the total amount in circulation today.

Although surely this will have an impact because it is certain that when influencers like this sell their portopolio then it will be followed by many of their followers with the added spice of panic as if it were the end just like Elon did before but in the end the condition of bitcoin will still remain the same where the movement will still continue to occur and it could be that it creates a new situation where the increase is getting bigger in the end.
The sale of some people who own bitcoin like Saylor will indeed have an impact but it will not be as big as expected and I believe it is also temporary so there is no need to worry too much about this.

[Benedictare]

   
   MicroStrategy's Michael Saylor Breaks Silence on BTC Price Drop

    MicroStrategy recently made its second multimillion-dollar Bitcoin purchase, bringing its total holdings to more than 1% of all the Bitcoin that will ever be issued.

   Michael Saylor began buying Bitcoin in 2020 as an inflation hedge and cash alternative. The business now owns 214,246 BTC, and the maximum total supply of Bitcoin is 21 million, with around 19.7 million tokens issued to date.

MicroStrategy’s total BTC holding was $35,160.



Source: CryptoU.Today

[CageMabok]

     Michael Saylor is obviously a bitcoin fanatic, and I can make him an example of a good holder of a crypto that should be emulated. I am not talking about how much you can buy, but whatever goal he has, he really wants to achieve.

     And what I saw from him is that whatever he has, he will immediately sell bitcoin, which is a good example for other investors, to be honest. And if he ever sells it, I am pretty sure that he will release the bitcoin, as it already has a huge ROI for him.

Do you know what his thinking is like now? If you can figure out Michael Saylor's way of thinking about something like this, you might be a smarter person than Michael Saylor. But I don't think you are smarter than Michael Saylor, who is currently still very happy in hoarding Bitcoin and perhaps has never thought about selling it because he is still quite cool hoarding Bitcoin to the point where he is the holder of the most Bitcoin in the world. So what do you think that Michael Saylor will soon give up Bitcoin because he is already seeing huge ROI?

[GreatArkansas]

I believe they will still not sell this time, just look what they did, they just bought more at the top.
So for me, this is the sign for some people who waited for Bitcoin to dump just to buy again, they are telling like, "hey, you can still buy now".

[vitya1982]

     Michael Saylor is obviously a bitcoin fanatic, and I can make him an example of a good holder of a crypto that should be emulated. I am not talking about how much you can buy, but whatever goal he has, he really wants to achieve.

     And what I saw from him is that whatever he has, he will immediately sell bitcoin, which is a good example for other investors, to be honest. And if he ever sells it, I am pretty sure that he will release the bitcoin, as it already has a huge ROI for him.

Do you know what his thinking is like now? If you can figure out Michael Saylor's way of thinking about something like this, you might be a smarter person than Michael Saylor. But I don't think you are smarter than Michael Saylor, who is currently still very happy in hoarding Bitcoin and perhaps has never thought about selling it because he is still quite cool hoarding Bitcoin to the point where he is the holder of the most Bitcoin in the world. So what do you think that Michael Saylor will soon give up Bitcoin because he is already seeing huge ROI?

True, we can't know what is he thinking about and what are his plans. But I'd like to see him selling BTC just to see how the market, influencers, and regular folks would react to this.

[Vincom]

I believe they will still not sell this time, just look what they did, they just bought more at the top.
So for me, this is the sign for some people who waited for Bitcoin to dump just to buy again, they are telling like, "hey, you can still buy now".

Of course, I believe MS and Saylor are smart enough to realize the growth potential of the market at this point: we are in an uptrend and accumulation is the thing to do, not selling and liquidating positions. What I want to talk about is the possibility of MS selling some or all of their BTC in the distribution zone of this season, and its potential impact on BTC and the market.

With the BTC Halving yet to come and the market having recovered impressively, all statements and expectations for the future of BTC are extremely optimistic and we will see everyone want to be an ally of BTC. However, when the market turns negative and goes into a crypto winter, we will know who the real friends of BTC are. I believe MS is a friend of BTC, but they may still sell BTC to optimize their BTC strategy.

[thecodebear]

woah i just noticed MSTR announced that they bought another >9000 BTC last week!

Where are they getting all this money? They just did a funds raise but I thought that went to the last huge buy a few weeks ago. Now they've already spent another $600+ million somehow!

Over 1% of the entire supply. That's crazy. Only like a year or so ago I though it'd take them until like end of the decade to hit that.

They've been very very smart, substantially adding to their holdings before this bull run really starts to heat up. It'll be interesting to see if they do any more huge buys during the bull run, or if they just do small buys with extra cash on hand and then wait until prices come back down during the bear market to do more huge buys.

[Vincom]

woah i just noticed MSTR announced that they bought another >9000 BTC last week!

Where are they getting all this money? They just did a funds raise but I thought that went to the last huge buy a few weeks ago. Now they've already spent another $600+ million somehow!

Over 1% of the entire supply. That's crazy. Only like a year or so ago I though it'd take them until like end of the decade to hit that.

They've been very very smart, substantially adding to their holdings before this bull run really starts to heat up. It'll be interesting to see if they do any more huge buys during the bull run, or if they just do small buys with extra cash on hand and then wait until prices come back down during the bear market to do more huge buys.

BTC price is performing very well, even when BTC price drops to 60K USD, MS still continues to make huge profits, so I am not surprised that MS can continue to raise more money to accumulate BTC. And I'm happy about that: it helps promote BTC as a reserve asset, and increases the scarcity of BTC on the market, we will see BTC price continue to increase.

Like you, I am also waiting for MS's action and Saylor's speech when we will enter the crypto winter in 2026. If they really continue to buy more BTC throughout the crypto winter, I will be very surprised and have great respect for them for their belief and tireless efforts for BTC.

[BlackBoss_]

I believe they will still not sell this time, just look what they did, they just bought more at the top.
So for me, this is the sign for some people who waited for Bitcoin to dump just to buy again, they are telling like, "hey, you can still buy now".

Michael Saylor and MicroStrategy are smart to invest in Bitcoin years ago when many companies from WallStreet did not invest in Bitcoin.

They are smart enough to know that they are holding big advantage by invest in Bitcoin earlier than those companies and they know well about Bitcoin total supply and how it will be halved each four year and how many Bitcoin will ever be launched more through mining in future.

If they sell their bitcoins now, Wall Street companies will buy it and they will self-throw-away their big advantage in this game.

Controlled supply
Equivalent Network Time
How is the 21 Million Bitcoin Cap Defined and Enforced?
The chart shows us all and MicroStrategy do know about it.

[Vincom]

Michael Saylor and MicroStrategy are smart to invest in Bitcoin years ago when many companies from WallStreet did not invest in Bitcoin.

They are smart enough to know that they are holding big advantage by invest in Bitcoin earlier than those companies and they know well about Bitcoin total supply and how it will be halved each four year and how many Bitcoin will ever be launched more through mining in future.

If they sell their bitcoins now, Wall Street companies will buy it and they will self-throw-away their big advantage in this game.

I also believe that Saylor and MS are smart enough to understand that the BTC halving is just the beginning of the uptrend and they will not sell BTC right now, even after the Halving. But I doubt their ability to continue to hold and buy BTC in 2026, when the crypto winter will likely take over the market.

Saylor has said that MS will hold BTC forever, but I don't even dare to believe that MS will exist forever, so we will continue to monitor MS's actions. In the meantime, I support MS's continued accumulation of BTC.