Michael Saylor Denies Bitcoin Sale Rumors, Says Strategy's BTC Buys Are 'Accelerating'
- BTC
- BUSINESS
Overview
Michael Saylor, co-founder and executive chairman of Strategy, has addressed recent rumors regarding the sale of Bitcoin by the company. He emphasized the ongoing commitment to accumulating Bitcoin, stating that their strategy for purchasing the cryptocurrency is “accelerating.”
Details of the Situation
Saylor’s remarks come in response to speculation about a potential sale of Bitcoin by Strategy. He firmly denied these rumors, reinforcing the company’s strong interest in Bitcoin. According to Saylor, the company’s appetite for Bitcoin remains insatiable, indicating a robust strategy focused on acquiring more of the cryptocurrency.
Impact on the crypto market
- The denial of sale rumors may bolster investor confidence in Bitcoin as a long-term asset.
- Saylor’s comments about an accelerating buying strategy suggest increased demand for Bitcoin.
- The reaffirmation of commitment to Bitcoin could influence market sentiment positively.
- Ongoing accumulation strategies by major players may lead to reduced selling pressure in the market.
- The situation highlights the importance of leadership statements in shaping market perceptions.
Updated: 11/14/2025, 6:33:28 PM