When will Michael Saylor and MicroStrategy sell BTC?

[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.