Michael Saylor’s Strategy remains in the headlines due to the Bitcoin price, as it dropped below $95,000, reaching its lowest point in over a month. This led to speculations being rife over the sale of over $1 billion worth of BTC by Michael Saylor’s company to reduce the loss. But on analyzing the facts, it is seen that this is nothing but misinformation.
Speculation began as popular crypto influencers and on-chain tracking tools brought attention to wallet activity related to “Strategy.” Some large Bitcoin transactions were logged, ranging from tens to hundreds of millions of dollars.
These activities triggered speculations of MicroStrategy or Saylor liquidating some of their Bitcoin holdings. However, on-chain data by itself is not enough to prove any sales, and the facts, as corroborated by verified reports, are quite different.
MicroStrategy hasn’t sold Bitcoin yet in 2025. In fact, the company has been actively accumulating BTC, as it bought 487 coins on Nov 10 and 397 coins the previous week.
In mid-November 2025, MicroStrategy’s total Bitcoin holdings are close to 641,692 BTC, worth over $65 billion. This is clear evidence of the company’s plan to accumulate Bitcoin, and they are not looking to sell any.
The blockchain data reveals large BTC transactions associated with MicroStrategy, but all are internal wallet transfers and/or custody change-outs. Arkham Intelligence verified that there are no sales reflected in any of the on-chain data.
This is a very significant point, as it draws attention to a misconception. Many large Bitcoin transactions are assumed to be liquidations, yet they are merely part of corporate wallet management.
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Michael Saylor has publicly denied the rumors, emphasizing that MicroStrategy remains committed to Bitcoin. In a recent CNBC interview, he stated:
“I think the volatility is part of the territory. If you’re going to be investing in Bitcoin, you have to have a four-year time horizon and you have to be able to handle the volatility in this market.”
Saylor’s views reflect his decades-long “never sell” philosophy, emphasizing his faith in Bitcoin’s growth.
Despite the price decline in Bitcoin, MicroStrategy is still accumulating and not selling. It is important to note that large blockchain transactions are often misunderstood as liquidations and that MicroStrategy’s commitment to BTC is still very strong.
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