MicroStrategy Clarifies Bitcoin Sale: Only 32 BTC Sold vs 175K Bought This Year

BTC-2.86%

According to Michael Saylor, founder of MicroStrategy, at the New Era Finance Podcast in Prague, the company did not abandon its Bitcoin strategy despite recent market rumors of a sale. Saylor clarified that MicroStrategy sold only 32 Bitcoin, representing just 0.02% of its total assets, while buying 175,000 Bitcoin in the middle of the bear market this year.

Saylor emphasized that the small transaction was a strategic move to balance obligations to lending investors and equity holders. He added that he personally has not sold any Bitcoin: "I personally bought a lot of Bitcoin and haven't sold a single Satoshi yet."

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