Michael Saylor dismisses rumor of Strategy selling Bitcoin
Strategy’s wallet move sparks debate as Saylor reaffirms commitment to long-term Bitcoin holding strategy.
Key Takeaways
- Michael Saylor denied rumors that Strategy is selling Bitcoin.
- Speculation started after Bitcoin wallet transfers by Strategy raised questions online.
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Michael Saylor, founder and executive chairman of Strategy, a software company focused on Bitcoin acquisition, dismissed rumors today that his company is selling Bitcoin.
The speculation emerged after Strategy recently transferred Bitcoin to new wallets, prompting community discussions about the company’s holding intentions. Community posts on X speculated on potential reductions in Strategy’s Bitcoin holdings.
Saylor denied the selling rumors, asserting that the information circulating was false. He also posted “HODL” on his personal X account alongside imagery suggesting resilience, interpreted by many as a signal against selling Bitcoin. The executive has been a vocal advocate for Bitcoin as a superior store of value compared to gold.
