When will Michael Saylor and MicroStrategy sell BTC?

[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.