Michael Saylor Denies Bitcoin Sale as Strategy’s Holdings Drop

Highlights:

• Michael Saylor denied rumors that Strategy sold Bitcoin amid the recent market downturn.
• Strategy’s Bitcoin balance dropped from 484,000 to roughly 437,000, which raises investor concerns.
• Peter Brandt warned Bitcoin could fall below $50,000 and put Strategy’s holdings at risk.

Michael Saylor acted quickly to deny rumors that Strategy had sold any of its Bitcoin. The rumors had gone viral online, suggesting the company was cutting back on its cryptocurrency holdings. This caused concern during the recent market downturn because Strategy is one of the largest corporate holders of Bitcoin. 

Michael Saylor Rejects Rumor of $1 Billion Bitcoin Sale

The speculation started after large Bitcoin transfers were noticed from addresses linked to Strategy. Screenshots of these transfers spread widely on social media, and some people claimed the company had sold more than $1 billion worth of Bitcoin. Arkham data showed that Strategy’s Bitcoin balance dropped from about 484,000 to around 437,000. The report did not explain whether this drop was due to actual sales or simply transfers between wallets.

Tension grew after Walter Bloomberg noted this would be Strategy’s first recorded drop in two years. Traders tracking the company’s wallet history had many questions. Michael Saylor responded directly on X. He wrote, “There is no truth to this rumor.” 

There is no truth to this rumor.

— Michael Saylor (@saylor) November 14, 2025

Ted Pillows was one of the first to respond. He said the Bitcoin was moved to another wallet, not sold. He told users to ignore clickbait accounts spreading the claims without checking the facts. His comments helped slow the rumors, but uncertainty kept growing as new posts appeared.

At the time of writing, Bitcoin was trading at $96,712.04, down 6% in the past 24 hours. The total crypto market cap fell to $3.25 trillion, showing a 5.5% drop in the same period. According to CryptoQuant CEO Ki Young Ju, Bitcoin is not in a bear market while capital continues to flow in.

He said BTC could bounce back at any time if major whales stop selling and macro conditions improve. The analysis also pointed out that the recent decline in BTC is mainly caused by U.S. liquidity stress, long-term holder tax profit-taking, and ongoing selling from American investors.

Bitcoin’s Decline Driven by U.S. Liquidity Stress, LTH Tax-Driven Profit Taking, and Persistent American Selling

“Together, these factors form a clear narrative: the current correction is driven primarily by the United States.” – By @xwinfinance pic.twitter.com/mIPbwqgM4r

— CryptoQuant.com (@cryptoquant_com) November 14, 2025

Peter Brandt Warns Bitcoin Could Fall Below Strategy’s Average Price

Peter Brandt also raised concerns that Bitcoin’s price could fall below Strategy’s average purchase price. He said Bitcoin could fall below $50,000 if the recent parabolic rise follows past downturns. He warned that this could put Strategy’s BTC holdings at serious risk.

Question:
At what price is Michael Saylor underwater?
Bitcoin could test him severely. If recent violation of the parabolic advance is similar to previous events the downside target could be sub $50s. This is NOT a prediction you pesty trolls pic.twitter.com/oCvgZQVGY4

— Peter Brandt (@PeterLBrandt) November 13, 2025

Strategy’s current average purchase price for Bitcoin is $74,079. Even with the market drop, the company recently bought 487 BTC for $49.9 million, showing it is still adding to its holdings. Bitcoin’s decline has pushed Strategy’s stock below $200. 

The company’s market value is now around $60 billion. At the same time, MSTR’s market NAV is below 1, meaning the company is worth less than its Bitcoin holdings, which are currently estimated at $61 billion. This episode shows how volatile Bitcoin can be and how corporate holdings are affected. Market watchers are closely watching for new developments. BTC could test lower support levels, but the Strategy continues to hold and add to its cryptocurrency.