When will Michael Saylor and MicroStrategy sell BTC?

[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.