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Topic: When will Michael Saylor and MicroStrategy sell BTC? (Read 1269 times)

full member
Activity: 238
Merit: 297
MicroStrategy has acquired 18,300 BTC for ~$1.11 billion at ~$60,408 per #bitcoin. As of 9/12/2024, we hodl 244,800 $BTC acquired for ~$9.45 billion at ~$38,585 per bitcoin. $MSTR
https://x.com/saylor/status/1834564555944481227
member
Activity: 210
Merit: 47
₿itcoin maximalist
Michael Saylor and MicroStrategy are smart to invest in Bitcoin years ago when many companies from WallStreet did not invest in Bitcoin.

They are smart enough to know that they are holding big advantage by invest in Bitcoin earlier than those companies and they know well about Bitcoin total supply and how it will be halved each four year and how many Bitcoin will ever be launched more through mining in future.

If they sell their bitcoins now, Wall Street companies will buy it and they will self-throw-away their big advantage in this game.
I also believe that Saylor and MS are smart enough to understand that the BTC halving is just the beginning of the uptrend and they will not sell BTC right now, even after the Halving. But I doubt their ability to continue to hold and buy BTC in 2026, when the crypto winter will likely take over the market.

Saylor has said that MS will hold BTC forever, but I don't even dare to believe that MS will exist forever, so we will continue to monitor MS's actions. In the meantime, I support MS's continued accumulation of BTC.
sr. member
Activity: 602
Merit: 387
Rollbit is for you. Take $RLB token!
I believe they will still not sell this time, just look what they did, they just bought more at the top.
So for me, this is the sign for some people who waited for Bitcoin to dump just to buy again, they are telling like, "hey, you can still buy now".
Michael Saylor and MicroStrategy are smart to invest in Bitcoin years ago when many companies from WallStreet did not invest in Bitcoin.

They are smart enough to know that they are holding big advantage by invest in Bitcoin earlier than those companies and they know well about Bitcoin total supply and how it will be halved each four year and how many Bitcoin will ever be launched more through mining in future.

If they sell their bitcoins now, Wall Street companies will buy it and they will self-throw-away their big advantage in this game.

Controlled supply
Equivalent Network Time
How is the 21 Million Bitcoin Cap Defined and Enforced?
The chart shows us all and MicroStrategy do know about it.
member
Activity: 210
Merit: 47
₿itcoin maximalist
woah i just noticed MSTR announced that they bought another >9000 BTC last week!

Where are they getting all this money? They just did a funds raise but I thought that went to the last huge buy a few weeks ago. Now they've already spent another $600+ million somehow!

Over 1% of the entire supply. That's crazy. Only like a year or so ago I though it'd take them until like end of the decade to hit that.

They've been very very smart, substantially adding to their holdings before this bull run really starts to heat up. It'll be interesting to see if they do any more huge buys during the bull run, or if they just do small buys with extra cash on hand and then wait until prices come back down during the bear market to do more huge buys.
BTC price is performing very well, even when BTC price drops to 60K USD, MS still continues to make huge profits, so I am not surprised that MS can continue to raise more money to accumulate BTC. And I'm happy about that: it helps promote BTC as a reserve asset, and increases the scarcity of BTC on the market, we will see BTC price continue to increase.

Like you, I am also waiting for MS's action and Saylor's speech when we will enter the crypto winter in 2026. If they really continue to buy more BTC throughout the crypto winter, I will be very surprised and have great respect for them for their belief and tireless efforts for BTC.
hero member
Activity: 2240
Merit: 848
woah i just noticed MSTR announced that they bought another >9000 BTC last week!

Where are they getting all this money? They just did a funds raise but I thought that went to the last huge buy a few weeks ago. Now they've already spent another $600+ million somehow!

Over 1% of the entire supply. That's crazy. Only like a year or so ago I though it'd take them until like end of the decade to hit that.

They've been very very smart, substantially adding to their holdings before this bull run really starts to heat up. It'll be interesting to see if they do any more huge buys during the bull run, or if they just do small buys with extra cash on hand and then wait until prices come back down during the bear market to do more huge buys.
member
Activity: 210
Merit: 47
₿itcoin maximalist
I believe they will still not sell this time, just look what they did, they just bought more at the top.
So for me, this is the sign for some people who waited for Bitcoin to dump just to buy again, they are telling like, "hey, you can still buy now".
Of course, I believe MS and Saylor are smart enough to realize the growth potential of the market at this point: we are in an uptrend and accumulation is the thing to do, not selling and liquidating positions. What I want to talk about is the possibility of MS selling some or all of their BTC in the distribution zone of this season, and its potential impact on BTC and the market.

With the BTC Halving yet to come and the market having recovered impressively, all statements and expectations for the future of BTC are extremely optimistic and we will see everyone want to be an ally of BTC. However, when the market turns negative and goes into a crypto winter, we will know who the real friends of BTC are. I believe MS is a friend of BTC, but they may still sell BTC to optimize their BTC strategy.
newbie
Activity: 88
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     Michael Saylor is obviously a bitcoin fanatic, and I can make him an example of a good holder of a crypto that should be emulated. I am not talking about how much you can buy, but whatever goal he has, he really wants to achieve.

     And what I saw from him is that whatever he has, he will immediately sell bitcoin, which is a good example for other investors, to be honest. And if he ever sells it, I am pretty sure that he will release the bitcoin, as it already has a huge ROI for him.

Do you know what his thinking is like now? If you can figure out Michael Saylor's way of thinking about something like this, you might be a smarter person than Michael Saylor. But I don't think you are smarter than Michael Saylor, who is currently still very happy in hoarding Bitcoin and perhaps has never thought about selling it because he is still quite cool hoarding Bitcoin to the point where he is the holder of the most Bitcoin in the world. So what do you think that Michael Saylor will soon give up Bitcoin because he is already seeing huge ROI?


True, we can't know what is he thinking about and what are his plans. But I'd like to see him selling BTC just to see how the market, influencers, and regular folks would react to this.
legendary
Activity: 2534
Merit: 1397
I believe they will still not sell this time, just look what they did, they just bought more at the top.
So for me, this is the sign for some people who waited for Bitcoin to dump just to buy again, they are telling like, "hey, you can still buy now".
hero member
Activity: 1050
Merit: 844
     Michael Saylor is obviously a bitcoin fanatic, and I can make him an example of a good holder of a crypto that should be emulated. I am not talking about how much you can buy, but whatever goal he has, he really wants to achieve.

     And what I saw from him is that whatever he has, he will immediately sell bitcoin, which is a good example for other investors, to be honest. And if he ever sells it, I am pretty sure that he will release the bitcoin, as it already has a huge ROI for him.

Do you know what his thinking is like now? If you can figure out Michael Saylor's way of thinking about something like this, you might be a smarter person than Michael Saylor. But I don't think you are smarter than Michael Saylor, who is currently still very happy in hoarding Bitcoin and perhaps has never thought about selling it because he is still quite cool hoarding Bitcoin to the point where he is the holder of the most Bitcoin in the world. So what do you think that Michael Saylor will soon give up Bitcoin because he is already seeing huge ROI?
member
Activity: 238
Merit: 59

   
   MicroStrategy's Michael Saylor Breaks Silence on BTC Price Drop

    MicroStrategy recently made its second multimillion-dollar Bitcoin purchase, bringing its total holdings to more than 1% of all the Bitcoin that will ever be issued.

   Michael Saylor began buying Bitcoin in 2020 as an inflation hedge and cash alternative. The business now owns 214,246 BTC, and the maximum total supply of Bitcoin is 21 million, with around 19.7 million tokens issued to date.

MicroStrategy’s total BTC holding was $35,160.



Source: CryptoU.Today



hero member
Activity: 1512
Merit: 509
That he will definitely say because indeed until now he is still a bitcoin maximalist but that does not mean that the words cannot be changed because in the end when someone who has a large level of popularity and has many followers in it, it is likely that changes in statements even opposite even that can happen. We take the example of Elon before in this case because indeed he was also in bitcoin and even gave a situation where he seemed to have a strong desire for his company to adopt bitcoin but look at what happened afterwards because even statements like that are like a situation where it only attracts the trust of the crowd and slowly drops it.
Now what Saylor is doing is very good but we will not know what he will do in the future in the end.

For the total amount issue, I might be mistaken for taking reference from others because I took the reference from Coingecko but thanks for setting the record straight and providing the latest data Smiley.
No one really knows on when these fellas would really be selling out their bags, but one things for sure that it would really be surely be bringing out that huge impact or movement towards the price.
This is why it cant really be avoided for the masses to have this kind of worrying just because we've been aware on how big or many coins that they've been holding Even if we do say that he's really that a maximalist or really that a solid believer but doesnt mean that those words would really be that remains forever on which we do really have that so called profit taking of course.

It is really just that impossible that these people wont really be having that threshold point. We could really be assuming out that acquiring Bitcoin doesnt really give him that potential
earning or profits in long time but also it is really that bring out some attention and exposure towards him and the companies that he owns or handling
on which its a win-win situation.
Actually no, even though the words of influencers or people who have a large following such as Elon and Saylor are still possible to change and make a movement to the contrary but when talking about prices then it will not have too much more impact because after all we must be aware of the current situation let alone only a small portion of bitcoin they have what is expected to make market manipulation because in the end as said earlier the total bitcoin they have is not even up to 2 percent of the total amount in circulation today.

Although surely this will have an impact because it is certain that when influencers like this sell their portopolio then it will be followed by many of their followers with the added spice of panic as if it were the end just like Elon did before but in the end the condition of bitcoin will still remain the same where the movement will still continue to occur and it could be that it creates a new situation where the increase is getting bigger in the end.
The sale of some people who own bitcoin like Saylor will indeed have an impact but it will not be as big as expected and I believe it is also temporary so there is no need to worry too much about this.
member
Activity: 560
Merit: 18
Eloncoin.org - Mars, here we come!
     Michael Saylor is obviously a bitcoin fanatic, and I can make him an example of a good holder of a crypto that should be emulated. I am not talking about how much you can buy, but whatever goal he has, he really wants to achieve.

     And what I saw from him is that whatever he has, he will immediately sell bitcoin, which is a good example for other investors, to be honest. And if he ever sells it, I am pretty sure that he will release the bitcoin, as it already has a huge ROI for him.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
When I am holding Bitcoin, I only know when I will sell it. Only MicroStrategy can say when they are going to sell their holdings. For a long time, MicroStrategy has been accumulating bitcoin, and we don't know what their exact target is. By considering the average accumulation price, they are already making profits. I don't think they will sell their holdings very early. They must have a goal where they might sell. They would have a selling strategy as well, since they have an accumulation strategy. They won't dump the market at all.

Michael Saylor (MicroStrategy) are smart investors, they already have am exit strategy which they won't disclosed to anyone knowing it would affect the market and reduced their chances of making far more profits than they'll make of the public doesn't know their existing targets. Lets take Bitcoin as an example, when it's a public knowledge that the potential ATH is at a specific price from various top speculators, Bitcoin find it hard to get to that price because there's many selling pressure from traders at a closer price to that targeted ATH so Micheal saylor won't be disclosing that information to the public and we should stop being bothered about when they're going to sell because they're not the ones controlling the market.

They might be the top investors that everyone is lookin up to for now but whenever they're ready to leave the market, they'll be replaced by other top investors. Why aren't we asking, when is Michael Saylor (MicroStrategy) buying and not when they're selling, we should be interested more in when they're buying so we join them in buying then we can set our own exits plans but it shouldn't be a permanent exit plan from Bitcoin because Bitcoin isn't going anywhere and anyone that leaves the market permanently irrespective of how much they have made will be missing out if what Bitcoin has for its investors ahead.
full member
Activity: 2576
Merit: 205
If a Microstrategy shareholder wants to take profits all they have to do is sell their shares of the company. No need to sell any bitcoin for that.

If Michael Saylor himself wants to profit from his bitcoin investment then likewise he can just sell some shares of the company. Not a single bitcoin ever needs to be sold.
This is if the Microstrategy is a complete Bitcoin supporter and will truly a Holder then that will be
their action to sell their share of company more than selling bitcoin but the problem is that what if they truly
intended just to buy and sell bitcoin? then this will be a different approach because obviously all of them are
about money and all of us believe that we can make money in crypto and most specially bitcoin , so this is
still depending in their plans and target in long term.
legendary
Activity: 2408
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Leading Crypto Sports Betting & Casino Platform
If you are waiting for any of this big companies to stop buying bitcoin, just know that's not happening, micro strategy plans to hold more of the total supply of bitcoin than any one else and that the goal of most big companies, they plan to hold bitcoin and keep their value in bitcoin.

Retail investors must buckle up cause if big companies that have the power to trade bitcoin or make real short term profits from bitcoin would rather not and hold bitcoin for long then they is a reason why long term investment should be favoured above short term investment.
I don't think they will sell their entire BTC reserve and then declare to abandon the crypto market when BTC continues to be a major asset in this market. They will sell a part or all of it and then buy it back and continue their long-term Bitcoin strategy. But MS's selling will go against Saylor's statement, that will be an interesting time that I'm waiting for. I wouldn't be surprised if MS sells their BTC in 2025 or 2026, the surprise would be that they will continue to hold BTC through the crypto winter.


Don't listen to what they say but look at what they do. If MS sells some or all of its bitcoin holdings during the next bull season, I wouldn't be surprised.

Ask the question, they are large holders of bitcoin, they understand that their words and actions will have a significant impact on the market. If they honestly disclosed the bitcoin sale time, how would the market react? Surely bitcoin will be dumped immediately after their statement and they will have to sell their bitcoin at a much lower price. But instead, they announced they would not sell bitcoins and always believed in bitcoins, and they silently sold them to the market at high prices while everyone was falling into the Fomo trap.

If I were MS, I would definitely do the same. Everyone needs to remember that this is a battlefield, not a place of charity, the business arena is a battlefield, so never trust anyone.
member
Activity: 210
Merit: 47
₿itcoin maximalist
If you are waiting for any of this big companies to stop buying bitcoin, just know that's not happening, micro strategy plans to hold more of the total supply of bitcoin than any one else and that the goal of most big companies, they plan to hold bitcoin and keep their value in bitcoin.

Retail investors must buckle up cause if big companies that have the power to trade bitcoin or make real short term profits from bitcoin would rather not and hold bitcoin for long then they is a reason why long term investment should be favoured above short term investment.
I don't think they will sell their entire BTC reserve and then declare to abandon the crypto market when BTC continues to be a major asset in this market. They will sell a part or all of it and then buy it back and continue their long-term Bitcoin strategy. But MS's selling will go against Saylor's statement, that will be an interesting time that I'm waiting for. I wouldn't be surprised if MS sells their BTC in 2025 or 2026, the surprise would be that they will continue to hold BTC through the crypto winter.

But there is one thing in common between MS and BlackRock that is the main goal is profit and to achieve profit they need to have transactions meaning they will buy, accumulate and sell when the time is right. So, it would be foolish for us to believe that MS will hold bitcoins forever or will not sell any bitcoins. Just because they have been accumulating bitcoin for years and haven't sold any yet doesn't mean they won't sell in the future.
Precisely, we should realize this: they are all companies looking for profits, not love for BTC. BTC has been around for 15 years, they know BTC but only really wanted to profit from it in 2020 and 2023. BlackRock will sell BTC as soon as their clients sell too much IBIT, which will happen in about 18 months, but MS may hold it longer, but it's not like they won't sell any BTC until the end of the world!
legendary
Activity: 2002
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Free Free Palestine
MicroStrategy is still buying and has no plans to stop buying bitcoin this year, but that doesn't mean they will never sell their bitcoin. Just as blackrock has been buying bitcoin continuously since the ETFs were passed, they absorb all the bitcoin sold each day from Grayscale. Many people are excited because large funds continuously buy bitcoin on the market, making the supply increasingly scarce and the price of bitcoin will rise higher. But don't they think that one day if these large funds massively buy their bitcoins, what will happen? Like what Grayscale is doing, they sell large amounts of bitcoin every day, and for the past 2 days they are selling quite large amounts. It can be said that bitcoin's correction is partly due to Grayscale selling its bitcoin. So it was naive for many to believe that MicroStrategy would never sell their bitcoins.
There is a slight difference between MS and BlackRock: MS buys BTC using the money of MSTR stock investors according to MS's own plan. BlackRock accumulates BTC according to the demand of investors in the BTC spot ETF.

Although both buy BTC with the money of other parties, their nature is different. Similarly, when ETF investors sell IBIT, BlackRock will have to sell BTC, while MS can continue to hold BTC even if the price of MSTR falls due to selling pressure. However, that does not mean that MS will hold BTC forever.

We do not believe that MS company can exist forever, so we do not need to hope that MS will hold and buy BTC forever. Even if BTC can reach 100K USD or 1M USD, at some point in the future, I believe that we will have news about MS selling BTC.

But there is one thing in common between MS and BlackRock that is the main goal is profit and to achieve profit they need to have transactions meaning they will buy, accumulate and sell when the time is right. So, it would be foolish for us to believe that MS will hold bitcoins forever or will not sell any bitcoins. Just because they have been accumulating bitcoin for years and haven't sold any yet doesn't mean they won't sell in the future.
sr. member
Activity: 98
Merit: 55
If you are waiting for any of this big companies to stop buying bitcoin, just know that's not happening, micro strategy plans to hold more of the total supply of bitcoin than any one else and that the goal of most big companies, they plan to hold bitcoin and keep their value in bitcoin.

Retail investors must buckle up cause if big companies that have the power to trade bitcoin or make real short term profits from bitcoin would rather not and hold bitcoin for long then they is a reason why long term investment should be favoured above short term investment.
hero member
Activity: 2996
Merit: 580
Hire Bitcointalk Camp. Manager @ r7promotions.com
Microstrategy only has about 174. 530 bitcoins at the moment
MicroStrategy bought a lot of bitcoins recent weeks and they are accumulating more bitcoins. As Michael Saylor said "The end game is who has most bitcoins win". His company is doing exactly like his vision for the end game.

From buying with own money, now they are doing this with convertible notes, two rounds already.

Your number is not correct and you can use two websites to track MicroStrategy portolio.
https://bitcointreasuries.net/entities/1
https://saylortracker.com/

They have 214,215 BTC now.
They keep on buying and their other rival in the competition of owning the most Bitcoins is BlackRock. These two are like in a head to head war on who's going to have the most of it.

While it's likely that MSTR won't really sell all of it at once but I do believe that there's one point in our lifetimes that they're going to sell bulk of it that shall send the market down.

They'll get to buyback that and take the clean cash and profit from the market. That's what I am really thinking about on how they're going to capitalize on their holdings.
hero member
Activity: 2968
Merit: 687
Microstrategy only has about 174. 530 bitcoins at the moment
MicroStrategy bought a lot of bitcoins recent weeks and they are accumulating more bitcoins. As Michael Saylor said "The end game is who has most bitcoins win". His company is doing exactly like his vision for the end game.

From buying with own money, now they are doing this with convertible notes, two rounds already.

Your number is not correct and you can use two websites to track MicroStrategy portolio.
https://bitcointreasuries.net/entities/1
https://saylortracker.com/

They have 214,215 BTC now.
That he will definitely say because indeed until now he is still a bitcoin maximalist but that does not mean that the words cannot be changed because in the end when someone who has a large level of popularity and has many followers in it, it is likely that changes in statements even opposite even that can happen. We take the example of Elon before in this case because indeed he was also in bitcoin and even gave a situation where he seemed to have a strong desire for his company to adopt bitcoin but look at what happened afterwards because even statements like that are like a situation where it only attracts the trust of the crowd and slowly drops it.
Now what Saylor is doing is very good but we will not know what he will do in the future in the end.

For the total amount issue, I might be mistaken for taking reference from others because I took the reference from Coingecko but thanks for setting the record straight and providing the latest data Smiley.
No one really knows on when these fellas would really be selling out their bags, but one things for sure that it would really be surely be bringing out that huge impact or movement towards the price.
This is why it cant really be avoided for the masses to have this kind of worrying just because we've been aware on how big or many coins that they've been holding Even if we do say that he's really that a maximalist or really that a solid believer but doesnt mean that those words would really be that remains forever on which we do really have that so called profit taking of course.

It is really just that impossible that these people wont really be having that threshold point. We could really be assuming out that acquiring Bitcoin doesnt really give him that potential
earning or profits in long time but also it is really that bring out some attention and exposure towards him and the companies that he owns or handling
on which its a win-win situation.
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