3 weeks ago
Bitcoin’s latest downturn has caused sizeable speculation astir whether Strategy’s (formerly known arsenic MicroStrategy) monolithic holdings are playing a relation successful the market’s weakness. The concerns escalated sharply erstwhile wallet-monitoring platforms flagged ample Bitcoin transfers linked to the company, sparking wide claims that a large sell-off had begun.
The speech gained adjacent much traction erstwhile a wide circulated study alleged that Strategy had slashed its Bitcoin holdings by tens of thousands of tokens. Michael Saylor moved rapidly to code the rumor, but the back-and-forth betwixt on-chain interpretations and authoritative statements raises questions of what is truly happening down the scenes.
How Wallet Movements Turned Into Full-Blown Sell-Off Rumors
The contention started erstwhile Walter Bloomberg shared a station citing Arkham Intelligence and claiming Strategy had reduced its Bitcoin stash from 484,000 BTC to astir 437,000 BTC.
The alleged driblet of astir 47,000 BTC instantly led to questions arsenic to whether the institution had softly begun liquidating. Saylor responded straight beneath the post, stating, “There is nary information to this rumor,” dismissing the assertion outright.
There is nary information to this rumor.
— Michael Saylor (@saylor) November 14, 2025
As the concern dispersed crossed societal platforms, Arkham Intelligence aboriginal clarified what really happened. In a station connected X, the steadfast explained that Strategy had moved 43,415 BTC since midnight UTC, worthy implicit $4.2 billion, but besides noted that the enactment consisted of regular custodian rotations.
According to Arkham, the transfers were owed to question from Coinbase Custody to a caller custodian, on with interior rebalancing and wallet refresh processes. None of the movements indicated income and that Strategy often performs these custodial transitions. Anyone tracking these wallet clusters implicit the past 2 weeks would person seen akin flows, yet followed by relabeling erstwhile caller addresses were established.
Saylor’s Public Reassurance And Continued Bitcoin Accumulation
In effect to the swirling speculation, Saylor took a definitive stance to calm markets. While speaking astatine an interrogation connected CNBC, Saylor addressed the controversy, stating that Strategy had not sold immoderate Bitcoin and had nary plans to bash so.
His remarks near nary ambiguity arsenic helium said, “We are buying; we’ll study our adjacent buys connected Monday morning.”
He went further to picture the company’s fiscal presumption and semipermanent confidence, noting that the steadfast has enactment successful a precise beardown basal astir present with its Bitcoin holdings. Saylor besides highlighted that Strategy’s indebtedness operation does not enforce contiguous obligations, saying the indebtedness is inactive “4.5 years out.” This means determination is presently nary fiscal unit that would necessitate liquidation of Bitcoin.
Shortly aft the interview, helium reinforced his connection connected X, stating plainly, “We bought bitcoin each time this week,” which straight contradicts immoderate claims of ongoing merchantability unit from Strategy.
In presumption of terms action, Bitcoin has spent most of this week connected a downtrend, which present puts its terms trading beneath $100,000. At the clip of writing, Bitcoin is trading astatine $96,084.
Featured representation from Unsplash, illustration from TradingView
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