‘We are buying’: Michael Saylor denies reports of Strategy dumping BTC
- BTC
- TRADING
Overview
Michael Saylor has refuted claims regarding the potential liquidation of Bitcoin holdings by his strategy. He confirmed that the strategy will continue to acquire Bitcoin even in light of a recent flash crash in BTC price.
Details of the Situation
Saylor emphasized that the strategy currently holds 640,000 Bitcoin and intends to increase this amount through continued purchases. This decision comes amidst market volatility characterized by a sudden decline in Bitcoin prices. Saylor’s comments serve to reassure stakeholders about the ongoing commitment to Bitcoin investment.
Impact on the crypto market
- The confirmation of continued Bitcoin purchases may bolster investor confidence during market downturns.
- Saylor’s statements could influence other investors and institutions to maintain or increase their Bitcoin holdings.
- The strategy’s commitment to buying Bitcoin may help stabilize market sentiment amid price fluctuations.
- Increased buying activity could potentially mitigate the effects of flash crashes in the future.
- The announcement highlights a long-term bullish outlook on Bitcoin, contrasting with short-term market volatility.
Updated: 11/14/2025, 7:19:53 PM