Will Michael Saylor Sell Bitcoin When Strategy Moves 796 Million USD BTC?

The cryptocurrency market is witnessing a wave of widespread anxiety after Strategy ('s new name MicroStrategy) — a company famous for its aggressive investment strategy in Bitcoin under the leadership of Michael Saylor — unexpectedly transferred a large amount of BTC worth approximately 796 million USD into three new wallets. This information was revealed by the blockchain analysis platform Lookonchain, which noted that 7,382 BTC were transferred on Sunday, but there has been no official explanation from the company. The event raises concerns in the investor community In the context of a fluctuating market, this move raises questions: Is Michael Saylor starting to sell the huge amount of BTC that his company holds? This further panics investors when they learn that Strategy currently holds up to 592,345 BTC, equivalent to approximately 64.28 billion USD, making the company the largest corporate holder of Bitcoin globally. With such a scale, if a sell-off truly occurs, it could trigger a "seismic event" in the cryptocurrency market, severely undermining the confidence and value of BTC in the short term. Michael Saylor – A symbol of long-term faith in Bitcoin Michael Saylor has long been regarded as the "unofficial ambassador of Bitcoin" in the traditional financial world. His strategy with Strategy in recent years has primarily focused on buying and holding (HODL) BTC, despite short-term volatility. Over the past 11 weeks, Strategy has continuously accumulated more, with the most recent purchase worth 26 million USD last week. Although there was a time when 704 BTC was sold in December 2022 ( equivalent to 11.81 million USD), just two days later, Strategy bought back 810 BTC, as a way to reaffirm its long-term commitment to Bitcoin. CEO selling shares – Negative signal? Another noteworthy point is the action of the Chief Executive Officer of Strategy, Mr. Phong Le, as he is in the process of selling a large amount of MSTR shares he holds. Many experts believe this is a negative signal for the value of MSTR as well as the near future of the company's Bitcoin investment strategy. At the same time, data from CryptoQuant indicates that there is currently a significant demand shortage for BTC — raising concerns that the price of Bitcoin may face further downward pressure if a large supply is sold off. Is this just a wallet restructuring or a sign of a sell-off? According to analysis from various blockchain experts, the Strategy of transferring BTC to a new wallet is likely just a step in the management plan for security or asset distribution custody management — a common practice for organizations that hold a large amount of digital assets. Most importantly, Michael Saylor has never sold a large amount of BTC, except for the event in 2022 as mentioned. He has emphasized that if he had to sell something to survive, "sell everything except Bitcoin." With that steadfast mindset, and an unrealized profit of over 21 billion USD, experts believe that the scenario of selling is unreasonable at this time. Conclusion: Temporarily a technical move, not a sell-off Although Strategy has not yet made any official announcement regarding the reason for transferring BTC, according to assessments from analysts and blockchain data, this may just be a technical move aimed at optimizing security and asset storage. However, in a news-sensitive and volatile capital market environment like today, any moves from major individuals and organizations like Michael Saylor can potentially trigger a chain reaction. Until there is a specific announcement from Strategy, the investor community should remain calm and closely monitor the upcoming developments. 📌 In summary: 7.382 BTC ( worth 796 million USD ) was transferred by Strategy to a new wallet. There is no evidence to suggest a sell-off; this move is believed to enhance security. Michael Saylor continues to affirm a "long-term holding" stance on Bitcoin. However, market sentiment remains tense as there has been no official statement from Strategy.