Michael Saylor Denies Bitcoin Sale Rumors, Reaffirms Aggressive Accumulation Strategy
November 14, 2025
Amid ongoing turbulence in the crypto market, rumors spread that Strategy (MSTR) might be selling off part of its bitcoin reserves. However, Michael Saylor, Executive Chairman of the company, quickly addressed these rumors, putting them to rest during a Friday morning appearance on CNBC.
“Ignore the noise,” Saylor firmly stated, reaffirming his company’s commitment to its bitcoin strategy.
With both bitcoin (BTC) and Strategy’s stock facing downward pressure, Saylor emphasized that the company continues to pursue its plan of accumulating more bitcoin. “We are buying bitcoin, and we’ll report our next purchases on Monday,” he said, adding that the company is “accelerating” its bitcoin buys. Saylor suggested that recent transactions in the company’s wallets would indicate aggressive accumulation.
The rumors regarding a potential bitcoin sale were fueled by on-chain data showing bitcoin moving out of company wallets, which coincided with the decline in both bitcoin and MSTR stock prices. Some speculated that the company might be selling bitcoin to bolster its balance sheet.
However, Saylor quickly took to X (formerly Twitter) to put those rumors to rest, writing: “There is no truth to this rumor.”
As for the recent dip in bitcoin’s price, Saylor advised investors to take a longer view. He reminded them that bitcoin had been trading between $55,000 and $65,000 just over a year ago, and even with the recent drop, it remains significantly higher than that range. At the time of writing, bitcoin was priced around $95,000, still offering strong returns despite the market downturn.
“We’ve established a solid base of support here,” Saylor said, expressing confidence that bitcoin would recover from its current levels.
On Friday morning, MSTR shares were down 4%, dipping below $200, bringing the stock’s year-to-date loss to nearly 35%. Meanwhile, bitcoin had fallen 5.8% in the last 24 hours, trading at $96,200.
While the rumors of a bitcoin sale weren’t entirely unfounded, given that Strategy currently holds over 641,000 BTC (worth approximately $22.5 billion), the company’s market cap has fallen below that figure. This discrepancy has driven the company’s market-to-net-asset value (mNAV) ratio below 1, suggesting that MSTR may be undervalued. Some analysts speculated that selling off a portion of its bitcoin holdings could be a way to stabilize the company’s finances.
Despite these concerns, Saylor’s comments made it clear that Strategy is committed to its strategy of aggressively acquiring bitcoin, with no plans to sell off significant amounts of its holdings.
