Has Strategy, the leading Bitcoin Treasury company, started selling Bitcoin now that it has fallen back below $100,000? Rumors persist, given the number of intriguing transfers.
Is Strategy starting to sell its Bitcoin?
Strategy is the undisputed leader in Bitcoin Treasuries, with a portfolio equivalent to more than 3% of the total amount of BTC. Its almost compulsive accumulation has allowed it to amass 641,692 BTC at the last count… Well, not so sure!
This sector, which has been booming since the beginning of the year, is currently experiencing difficult times, with stock market returns far less explosive than expected. Even Michael Saylor’s company is feeling the pinch, to the point of having to reduce the amount of its weekly acquisitions.
This complicated situation has given rise to a recent rumor about the possible sale of BTC by Strategy at the very moment when it has just fallen back below the symbolic $100,000 mark.
The amounts vary from one publication to another, but the question remains the same: has Michael Saylor capitulated?
“There is no truth to this rumor.”
According to analyst Walter Bloomberg on the X network, this decline in the amount of BTC held by Strategy represents “the first reported decrease since July 2023, after months of steady accumulation,” without knowing whether these are sales or simple transfers.
Arkham Intelligence data shows numerous transfers made in recent hours, with different destinations and amounts. Could this be a strategy to secure funds by splitting them up, as El Salvador recently did to protect itself from the quantum threat? It’s hard to say.
In any case, the many questions raised were quickly answered by Michael Saylor’s unequivocal response, stating that “there is no truth to this rumor.”
Not everyone seems to take his word for it.
