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Breaking: Michael Saylor Debunks Rumor of Strategy Selling Bitcoin Amid Crypto Market Crash

Paul Adedoyin
2 hours ago Updated 12 minutes ago
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Michael Saylor stands before Bitcoin graphics amid market volatility, reflecting controversy over alleged Strategy Bitcoin sales.

Highlights

  • Michael Saylor says MicroStrategy didn't sell any Bitcoin, despite rumors.
  • Big wallet moves confused traders, who thought billions in BTC were sold.
  • Arkham data showed lower BTC balance for Strategy sparking panic until Saylor shut it down.

Michael Saylor has moved quickly to shut down fresh speculation that Strategy had sold part of its massive Bitcoin treasury. This comes after a flurry of viral posts claimed the company had reduced its holdings. The rumors accelerated during a broader crypto market decline, fueling concern that one of Bitcoin’s largest corporate holders was cutting exposure.

Saylor Denies Bitcoin Sale as Wallet Shifts Spark Market Panic

The confusion began after large Bitcoin transfers linked to addresses previously associated with Strategy moved across the network. Screenshots of the activity circulated widely and led several influencers to claim the company had unloaded more than $1 billion worth of Bitcoin.

Uncertainty grew after Arkham data showed a sharp drop in Strategy’s Bitcoin holdings. The company’s Bitcoin balance had fallen from about 484,000 to roughly 437,000. The data did not state whether the drop came from transfers or sales.

Tension escalated further after Walter Bloomberg noted that this would mark the first recorded decrease since mid-2023. The post quickly attracted questions from traders who follow the firm’s wallet history.

Michael Saylor responded directly moments later. “There is no truth to this rumor,” he wrote on X, rejecting the claim that the company had reduced its holdings. Saylor has repeatedly maintained a highly bullish long-term outlook for the leading cryptocurrency. Recently, he predicted that Bitcoin will overtake gold in market cap by 2035.

His comment followed an earlier “HODL” post accompanied by an image of himself in a lifeboat near a burning ship. The mix of messages had initially created confusion, but his explicit denial clarified the company’s stance.

Polymarket Bets Show That Strategy Cannot Sell Its Bitcoin

The reaction of prediction markets differed from that of the panic. Recent activity has even shown renewed confidence in the firm’s accumulation trend. Earlier this week, Strategy added to its Bitcoin holdings with a 487 BTC purchase.

A Polymarket bet on Strategy selling Bitcoin in 2025 dropped sharply. The probability fell to about 12%, signaling that traders viewed the rumors as inaccurate and expected no confirmed selling activity.

Chart showing Polymarket odds dropping to 12% on the question of whether the company sells any Bitcoin in 2025.
The chart shows traders lowering expectations that Strategy will sell Bitcoin.

Ted Pillows was among the first to push back. He said the Bitcoin had been moved to a different wallet, not sold.

He warned users to avoid what he called clickbait accounts that were amplifying the claims without verifying the data. His comments helped slow the spread of the narrative, but uncertainty continued to build as new posts emerged.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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