He will sell, or he won't - so what about it in the broader perspective?

We can't possibly know the exact date. But, it would be also a bit foolish to think that they would "never" sell, maybe in 40 years? That still is selling, sure it is very down the line, but it is still selling. Could anyone here guarantee that they won't sell within the next 40 years? Of course not and that is why we need to be careful about it. This of course doesn't mean they will sell 40 years later, it could be tomorrow, it could be after I die, so what we do is take them into consideration when buying bitcoin.

We can't wait for them to sell and get out before we buy, and we can't sell because they are selling, then we are missing profit chances. So, this is why we need to be careful with our purchases while thinking about all the whales.

Well it certainly won't mean "the end for bitcoin," but Microstrategy selling would reflect a loss of confidence in the market and could possibly spur panic selling and a downward spiral, especially if MS has to sell more in order to stay afloat as a company. But let's face it: most people hold BTC because they are expecting to profit from it, not because they actually intend on using it.


I agree with this... that's why Saylor isn't a good role model for actual bitcoiners. Or anybody, for that matter.

He is a bitcoin maximalist and even stated that will never sell his bitcoins, so I think he will never sell bitcoins just to buy shitcoins. He has put his heart and soul into bitcoin and his company so the only scenario that would force him to sell bitcoin is to save the company if the economic situation gets worse and causes problems for the business. Other than that, I don't think there is any other reason why he would sell bitcoin.

However, we are all the same, investing is to make profit so he can also sell bitcoin if he reaches his goal.

I guess you cannot get an accurate answer towards your question since same as you people also don't have any idea on when Microstrategy would sell their Bitcoins. For sure they won't give any clue on that incident since for sure they want to play with the market.

But I guess you can get an idea about their possible action if you follow Saylor on X https://x.com/saylor then he start saying negative about Bitcoin  maybe this is the least indicator to determine that they might sell their Bitcoin.

But again I don't really think don't think that selling of their Bitcoins will happen soon.

I don't know if you or anyone else believes what he says but honestly, I don't believe it. It is suspicious that he said he bought bitcoin not for profit while making exaggerated predictions about bitcoin like: bitcoin will reach $13 million by 2045 or reach $49 million in the future. If he really intended to burn those bitcoins, he should have thrown away the seed phrase immediately, not when he died.


He cannot be compared to Satoshi because Satoshi created bitcoin with the intention of using it as a currency and not as an investment as Saylor and his company are doing with bitcoin.


By the way, for those who don't know: Saylor holds 17,732 BTC and was purchased in 2020. While Strategy holds over 528,185 BTC at an average price of $67k.


https://cryptorank.io/news/feed/d5b14-michael-saylor-predicts-bitcoin-will-reach-13-million-per-coin

Saylor bought a ton of BTC to try to frontrun the potential nation-state buying wave which could have happened when the Bitcoin Reserve Strategy was announced, but so far there has been no frontrunning of nation-states to this plan. Therefore, Saylor bought a ton of BTC when he could have bought lower. But in any case, he already has the BTC and he is in a good position, since corporations will have a hard time trying to take the #1 spot from Strategy as the corporation with the largest holdings of BTC. The implication of being a monopoly on BTC holdings are not fully priced in within the current share value. This implies a rational NAV premium by default, since no other corporation is going to catch them at this point. The possibilities of being major BTC holder are also not fully understood. As predicted by Hal Finney years ago, Bitcoin banks may be a thing in the future and Saylor may be the JP Morgan of Bitcoin.

As far as dumping below 50k. The thing is, for MSTR to be insolvent, the price would need to go much, much lower. MSTR would be at a loss only under $15k if you actually run the numbers, so Saylor is doing a good job at keeping leverage at rational levels.

Regardless of Saylor's goal of buying a lot of bitcoins and continuing to accumulate them, it is clearly not something that some people want. Ownership is a concern among people, of course because in the end Saylor also aims to make a profit from his investment. He can sell bitcoin at any time at any price, that is his right and we should be aware the market will crash because of it.

Some people consider Saylor and his bitcoin holdings a red flag in the long term, but others don't. At least I still think Saylor will not sell his bitcoins on the market like in general, but he can sell them to various other companies when he wants to sell them. This way, the market will not be too volatile and the sale will not have as bad an impact as the sales some governments have made with confiscated bitcoin.

The scenario of one of the biggest supporters/investors of Bitcoin collapsing is the best theme to FUD the Bitcoin market.  So those who are plotting against Bitcoin or scheming to get Bitcoin price to plummet and then accumulate can use this strategy to inflict fear in the market making weak hands, uninformed, new investors to sell their stash to have a head start in retrieving their capital at minimal loss.

That said, companies always have a backup plan, an emergency protocol when their financial funding is reaching a red line.  It is also a common practice for companies to liquidate assets to fill the need for financial support so it won't be surprising if MicroStrategy indeed sells their Bitcoin in their financial struggle (if that scenario happens).

Although Microstrategy focuses in converting its funding to Bitcoin, Microstrategy still generates profit from its core business of providing intelligence and analytic software and have strategies to further safeguard or increase its revenue by planning to provide further services seen on their roadmap.  With these plans, it is less likely that MicroStrategy has the need to liquidate their Bitcoin soon or even better that we can see Microstrategy strengthening their position in the Bitcoin market by securing more Bitcoin through more aggressive accumulation.