When will Michael Saylor and MicroStrategy sell BTC? - page 4.

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Quote from: Vincom on March 06, 2024, 09:15:50 PM

MS invests in BTC, it is completely understandable that they will sell.

Microstrategy invests in Bitcoin, but if you watch just one of the videos in which Saylor talks about Bitcoin, you will see that Bitcoin is much more than an investment for his company. It is also important to emphasize that this company works on the development of applications for Bitcoin, and that it makes a profit from its main activity.

Quote from: Vincom on March 06, 2024, 09:15:50 PM

If this happens, I just hope that MS will sell portions of the approximately 200K BTC in their budget to ensure that their behavior does not negatively impact the BTC price and the entire crypto market.

It is logical that at some point the company will decide to sell part of its BTC, whether it will be a decision to reduce exposure to the risk that may arise in connection with Bitcoin at some point, or maybe even in the event that the company is put up for sale and gets new owner.

Quote from: Vincom on March 06, 2024, 09:15:50 PM

200K BTC ~ 14B USD is a huge amount, which can cause BTC to lose growth momentum and cause investor confidence to quickly evaporate. If the sell-off takes place, I fear we will see an extremely intense downtrend in 2026.

Question - do you know how much BTC was sold by the company Grayscale from the beginning of the year until today? The data is quite interesting because it is about 200 000 BTC worth about $9.26 billion. In other words, no disaster would happen for Bitcoin because it is only about 1% of the max supply, and even less than that if we compare it to the BTC that are currently in circulation.

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Quote from: sunsilk on February 28, 2024, 05:40:36 PM

While technically that's true that he's got to hold it for and he's one of the guys with their companies, financial institutions that has shown interest.

But for the sake of not being gullible, they'd really going to sell some in the future and that will surely going to affect the market once they do it.
-cut-
I agree.

He has to hold for the company and with his clients but the time of selling will come. It may not be as a whole for the $MSTR but there definitely going to be some huge profit taking that's about to come and they won't want to miss this cycle's moment.

MS invests in BTC, it is completely understandable that they will sell. If this happens, I just hope that MS will sell portions of the approximately 200K BTC in their budget to ensure that their behavior does not negatively impact the BTC price and the entire crypto market.

200K BTC ~ 14B USD is a huge amount, which can cause BTC to lose growth momentum and cause investor confidence to quickly evaporate. If the sell-off takes place, I fear we will see an extremely intense downtrend in 2026.

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Quote from: Wind_FURY on February 27, 2024, 11:08:18 AM

Quote from: sunsilk on February 27, 2024, 02:34:55 AM

Whether he's going to sell $MSTR shares or actual Bitcoin, don't be gullible with his words and also with other known people that owns a company.

They'd come to an unknown time selling their stash for their own benefit. All of them have their reasons why they've been buying and just as us, they're there to make profit.

So, if he said that he's never going to buy, he's got that laser eyes and diamond hands. Possible that he's saying is true but I don't buy that, he's also like us that would like to have some profits.

But from the context of what Bitcoin is evolving to be, and from an investment perspective, Michael Saylor and definitely many other insitutions - financial or government - should HODL Bitcoin in their treasury as a fall-back/back-up, no? Cool

There's another asset that many institutions truly like to HODL for that purpose. It's called Gold. Saylor's HODL-motive, Gold-like investment strategy for Bitcoin is nothing new. MicroStrategy might sell some Bitcoin, but it will always HODL Bitcoin. The cat is out of the bag ser.

While technically that's true that he's got to hold it for and he's one of the guys with their companies, financial institutions that has shown interest.

But for the sake of not being gullible, they'd really going to sell some in the future and that will surely going to affect the market once they do it.

Quote from: Cookdata on February 27, 2024, 04:45:28 PM

All companies has there yearly or annual revenue report which means the board need breeding about where and how money is going and coming. He might be the CEO of the company but with obligations to let people know there profits and there share and even with this, there will be some faction in that company that wouldn't like this buying of bitcoin, Michael Saylor tellimg us he is not going to sell and continue to buy and then went ahead to validate that statement with 300k think people are that dumb, trust me may whales are familiar with his game, they will sell and live him be until SEC will come knocking on his door for doing one or two things that is against the descipline of financial system.

Who doesn't like profit, tell me. I might believe if it's coming from Bitcoin company but not from a software company that is profit base and not a non government organization, he really think people really care about his position in Bitcoin.

I agree.

He has to hold for the company and with his clients but the time of selling will come. It may not be as a whole for the $MSTR but there definitely going to be some huge profit taking that's about to come and they won't want to miss this cycle's moment.

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Quote from: aoluain on February 27, 2024, 05:05:17 PM

It never enters my mind until these threads come up. Yea there is a probability of a sell off at some stage. It would go against everything he preaches and there is a chance that the majority of his co investors are on the same page as him so they have a loooooong outlook.

It depends on the amount of Bitcoin being sold, there would be an affect but in the end Bitcoin is bigger than any one entity.

No because as above Bitcoin is greater than any one entity and I'm not a trader so events whatever they are wont affect me in the long term

When MS holds BTC, there is always the possibility that MS will sell BTC to make a profit and they can explain it with some silly reason like Tesla used to sell BTC to test the liquidity of the market. Saylor may be a BTC fan but he does not own MS. He is just the CEO, the decision-making power belongs to the board of directors.

With around 200K BTC ~ 12B USD, the impact of the sell-off will be extremely large. I hope they will sell partially or in multiple batches, both on CEXs and on OTC to minimize the negative impact on price, MS will also benefit by selling at the highest possible price.

And I also don't expect that we will have some fake news about this issue when MS's X account may be hacked again in the uptrend Grin

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Quote from: Vincom on February 19, 2024, 08:06:11 PM

I would like to know your opinion on this issue:

What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?

It never enters my mind until these threads come up. Yea there is a probability of a sell off
at some stage. It would go against everything he preaches and there is a chance that the
majority of his co investors are on the same page as him so they have a loooooong outlook.

Quote from: Vincom on February 19, 2024, 08:06:11 PM

If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?

It depends on the amount of Bitcoin being sold, there would be an affect but in the
end Bitcoin is bigger than any one entity.

Quote from: Vincom on February 19, 2024, 08:06:11 PM

Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

No because as above Bitcoin is greater than any one entity and I'm not a trader
so events whatever they are wont affect me in the long term [/list]

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Quote from: sunsilk on February 27, 2024, 02:34:55 AM

Whether he's going to sell $MSTR shares or actual Bitcoin, don't be gullible with his words and also with other known people that owns a company.

They'd come to an unknown time selling their stash for their own benefit. All of them have their reasons why they've been buying and just as us, they're there to make profit.

So, if he said that he's never going to buy, he's got that laser eyes and diamond hands. Possible that he's saying is true but I don't buy that, he's also like us that would like to have some profits.

All companies has there yearly or annual revenue report which means the board need breeding about where and how money is going and coming. He might be the CEO of the company but with obligations to let people know there profits and there share and even with this, there will be some faction in that company that wouldn't like this buying of bitcoin, Michael Saylor tellimg us he is not going to sell and continue to buy and then went ahead to validate that statement with 300k think people are that dumb, trust me may whales are familiar with his game, they will sell and live him be until SEC will come knocking on his door for doing one or two things that is against the descipline of financial system.

Who doesn't like profit, tell me. I might believe if it's coming from Bitcoin company but not from a software company that is profit base and not a non government organization, he really think people really care about his position in Bitcoin.

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The way I see it, he treats it the way countries treat gold, like a reserve asset.
You have to realize that when you reach a certain level of wealth, you no longer have a normal bank account, but you start to have a deal with the bank. You don't need to go through processes other people do to take a loan. They know how much you have, you call them and you can refer the person you want to get the money to the bank and that person is being told that the money is now in his name and he's certain balance available.

When you own bitcoin, you can show that you have it and you can get open a line of credit using bitcoin as collateral, while your bitcoin gains value and fiat money that you're getting loses. It's a long term strategy and one that makes sense only when you operate in millions. It's a different world when you have a billion dollars in assets, which is why when Fink came in and said I want ETF in 1 year tops, he got it.

I believe when he says that he'll never sell it, at least for as long as he has something to say about the route the company takes.

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Does it have to do anything with your holdings or accumulation, as far as I know, it won't impact you at ll but it will cause some temporary fluctuation in the market still many buyers are waiting to make the OTC deals with MicroStrategy for the mass buying. They won't dump all in the open market because they've already experienced how big mess it creates in the market, a recent example is LUNA treasury.\

At present, there is a multitude of fan theories surrounding Bitcoin, accompanied by numerous concerns and speculations. All we require is time to allow destiny to unfold. Whether we emerge wealthy or impoverished hinges on our chosen course of action. My sole recommendation for any crisis is to avoid succumbing to weakness, as the potential of Bitcoin, even amidst a million speculations, will remain unchanged haha the hero is reborn haha just a joke.

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Quote from: sunsilk on February 27, 2024, 02:34:55 AM

Whether he's going to sell $MSTR shares or actual Bitcoin, don't be gullible with his words and also with other known people that owns a company.

They'd come to an unknown time selling their stash for their own benefit. All of them have their reasons why they've been buying and just as us, they're there to make profit.

So, if he said that he's never going to buy, he's got that laser eyes and diamond hands. Possible that he's saying is true but I don't buy that, he's also like us that would like to have some profits.

But from the context of what Bitcoin is evolving to be, and from an investment perspective, Michael Saylor and definitely many other insitutions - financial or government - should HODL Bitcoin in their treasury as a fall-back/back-up, no? Cool

There's another asset that many institutions truly like to HODL for that purpose. It's called Gold. Saylor's HODL-motive, Gold-like investment strategy for Bitcoin is nothing new. MicroStrategy might sell some Bitcoin, but it will always HODL Bitcoin. The cat is out of the bag ser.

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Quote from: Vincom on February 19, 2024, 08:06:11 PM

I would like to know your opinion on this issue:

What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

1. I think they are going to take a profit, there is no doubt about that because the primary purpose of their investing in Bitcoin is to gain profit on their investments, and if they don't take profit when the time is right, they are not doing it right. They don't need to sell everything they hold for that though, they can just sell a portion of it.

2. I don't think they or any other company selling their Bitcoins will affect the price of Bitcoin much because they will most probably sell them in batches, and even if they don't do that, they don't hold a large percentage of the total Bitcoin supply.

3. No, I don't consider the actions or holdings of individual entities or companies when making my investment decisions. I only look at market conditions and the position within the cycle where we are at.

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Quote from: davis196 on February 27, 2024, 02:16:47 AM

Quote

What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

AFAIK, Michael Saylor has a Twitter/X account. Why don't you asking him? All those "What if Microstrategy sells BTC?" questions are pure speculation and nothing else. I don't believe in Saylor's statements, that he will "never sell" any BTC. What's the point of buying BTC, if you never sell the BTC? Using those BTC to buy goods and services? Microstrategy is an investment fund, not a regular "brick and mortar" business. Keeping the BTC forever in a cold wallet, even if the BTC price hits 100K USD? I don't think that the Microstrategy shareholders will be happy with that decision. However, I don't want to speculate or discuss gossips and rumors about Saylor's future decisions.

If OP could have asked Michael Saylor directly and had them answer, he wouldn't have asked this question here Cheesy

.
But what I find strange is why are many people always afraid of organizations and whales selling their bitcoins? They are also investors like us and the purpose of investment is profit, so it is normal for them to take profits. That's nothing scary or something that should make us worry, it's even a good thing because then we will have the opportunity to buy cheap bitcoin.

Also, you're right, those who say they would never sell bitcoin are liars and trying to manipulate the market.

sunsilk

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Whether he's going to sell $MSTR shares or actual Bitcoin, don't be gullible with his words and also with other known people that owns a company.

They'd come to an unknown time selling their stash for their own benefit. All of them have their reasons why they've been buying and just as us, they're there to make profit.

So, if he said that he's never going to buy, he's got that laser eyes and diamond hands. Possible that he's saying is true but I don't buy that, he's also like us that would like to have some profits.

davis196

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Quote

What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

AFAIK, Michael Saylor has a Twitter/X account. Why don't you asking him? All those "What if Microstrategy sells BTC?" questions are pure speculation and nothing else. I don't believe in Saylor's statements, that he will "never sell" any BTC. What's the point of buying BTC, if you never sell the BTC? Using those BTC to buy goods and services? Microstrategy is an investment fund, not a regular "brick and mortar" business. Keeping the BTC forever in a cold wallet, even if the BTC price hits 100K USD? I don't think that the Microstrategy shareholders will be happy with that decision. However, I don't want to speculate or discuss gossips and rumors about Saylor's future decisions.

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Quote from: DeathAngel on February 20, 2024, 09:05:01 AM

I don’t know when they will sell some but at some stage I assume they will & be handsomely in profit. There is nothing to worry about when they do sell some though. Adoption is growing all the time, there is always a buyer & a seller, it doesn’t matter who is what. There will be a lot more institutional demand now that we have Spot ETFs. Don’t worry about what Saylor & Microstrategy do.

The sell will definitely shake the market, they were holding $10b worth of Bitcoin before this and they have been the catalyst behind this pump, they just bought an additional 3k to their reserve and that should be an additional bitcoin. Remember, last 2 years they were about to be liquidated if Bitcoin price should reach $12k and they immediately borrowed fund to further reduce their liquidation price, they had the opportunity before the FTX disasters and they didn't sell, I'm not sure they will take such risk again, they will sell when they want.

Now imagine when they want move such amount to the market or if they decide to move some part of it, recall that it was $3b worth of bitcoin Luna protocol dump that made bitcoin crash first when they were trying to defend USTC coin, how much damage do you think this one will do if micheal saylor move $2b even if they announce to sell, a crash of plummet will come because the market is not trusting anyone yet but if he refused to sell, it will help the market in the long run.

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Quote from: hatshepsut93 on February 26, 2024, 11:35:47 AM

Quote from: Vincom on February 19, 2024, 08:06:11 PM

Saylor claims MicroStrategy will never sell their Bitcoin^[4], positioning them as unwavering "diamond hands".

Saylor created himself an image of a true Bitcoin believer who is in for the tech and will hodl forever, but remember that it costs him nothing to write posts on twitter, and some 5 years ago he was a Bitcoin skeptic. He changed his opinion because he saw opportunity for profit, and if Bitcoin starts performing poorly, he could easily dump it and look for new investment opportunities. I won't even be surprised if one day he turns into an altcoin shill - maybe he'll use the trust he build to launch his coin or promote someone's coin for a decent chunk of premine.

Logically, your words are also correct. Because the words of these big whales have no fixed address, They often say one thing during the day and another at night. And in this middle, they take their profit and advantage. But I think Michael Saylor's eyes that were closed five years ago are now open, even though he has been investing heavily in Bitcoin for the past few years. So I think he is going to make his bitcoin investment for a long term. Because there is loss in other investments and there is no loss in Bitcoin investment, just to hold for a little long term. But it may also be true that in the future he may own an Altcoin like Elon Musk did.

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Quote from: Vincom on February 19, 2024, 08:06:11 PM

Saylor claims MicroStrategy will never sell their Bitcoin^[4], positioning them as unwavering "diamond hands".

Saylor created himself an image of a true Bitcoin believer who is in for the tech and will hodl forever, but remember that it costs him nothing to write posts on twitter, and some 5 years ago he was a Bitcoin skeptic. He changed his opinion because he saw opportunity for profit, and if Bitcoin starts performing poorly, he could easily dump it and look for new investment opportunities. I won't even be surprised if one day he turns into an altcoin shill - maybe he'll use the trust he build to launch his coin or promote someone's coin for a decent chunk of premine.

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Quote from: DeathAngel on February 20, 2024, 09:05:01 AM

I don’t know when they will sell some but at some stage I assume they will & be handsomely in profit. There is nothing to worry about when they do sell some though. Adoption is growing all the time, there is always a buyer & a seller, it doesn’t matter who is what. There will be a lot more institutional demand now that we have Spot ETFs. Don’t worry about what Saylor & Microstrategy do.

I feel like they're not going to be doing any kind of selling anytime soon, I'm sure that they're probably planning buying more bitcoin in the future and they're probably benefiting from it anyway, maybe their bottom line got a lot of people selling daily and them getting some form of commission. There's also the fact that he's the real deal when it comes to buying bitcoin and an outright supporter of the market and it's movement through the year. I don't think we're going to have to worry anytime soon about them being likely to sell their bitcoin and flood the market.

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Quote from: Vincom on February 19, 2024, 08:06:11 PM

MicroStrategy, led by Michael Saylor, has become a prominent player in the Bitcoin market through its aggressive accumulation strategy. Their recent purchase of 850 BTC in January 2024 signals continued confidence in Bitcoin's potential^[1], especially considering their reported $4 billion profit on previous investments^[2]. This stands in stark contrast to mid-2022, when the company faced criticism for incurring significant losses^[3].

Saylor claims MicroStrategy will never sell their Bitcoin^[4], positioning them as unwavering "diamond hands". However, as a publicly traded company with profit-seeking shareholders like Capital International Investors, Vanguard, and Blackrock^[5], the pressure to capitalize on significant price increases cannot be ignored.

While missing out on 2021's peak proved costly, MicroStrategy's MSTR stock price has surged nearly 500% since their initial Bitcoin investment in July 2020^[6]. However, some argue that failing to take profits during bull runs contradicts optimal investment strategies.

While Saylor's personal belief in Bitcoin's future might be genuine, shareholder pressure could compel MicroStrategy to reconsider its stance if Bitcoin reaches significant highs, like the projected $160,000 in 2025, followed by signs of a downward trend. Considering the cyclical nature of the cryptocurrency market, with the next peak expected in 2025, it wouldn't be surprising to see MicroStrategy potentially offload some of its Bitcoin holdings then.

MicroStrategy's significant holdings and regular Bitcoin purchases have generated considerable interest in the cryptocurrency market. If the company decides to sell its BTC in 2025, it could trigger various market reactions:

Potential Positive Impacts: MicroStrategy's monthly disclosures regarding BTC purchases and sales offer valuable insights into their perspective on the market, potentially influencing investor sentiment. Selling alongside a major player like MicroStrategy could present an opportunity for some investors to align their own investment decisions.
Potential Negative Impacts: A large-scale BTC sell-off by MicroStrategy could trigger significant fear and panic selling, leading to a sharp decline in the price. If a prominent advocate like MicroStrategy loses faith in Bitcoin, it could erode investor confidence and lead to a sustained price drop, potentially pushing the price below $60,000 by 2026.

While Bitcoin's price fluctuations are cyclical, and Saylor and MicroStrategy acknowledged this, I would be surprised if they held onto their BTC during the anticipated crypto winter of 2026-2027.

I would like to know your opinion on this issue:

What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?

References:
[1] MicroStrategy acquired 850 bitcoin for $37.2 million in January
[2] Michael Saylor’s MicroStrategy Bitcoin Bet Tops $4B in Profit
[3] MicroStrategy’s Losses on Its Bitcoin Bet Near $1 Billion
[4] Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin
[5] MicroStrategy Incorporated (MSTR): Holders
[6] MicroStrategy becomes first listed company to buy bitcoin as part of its capital allocation strategy

Histories show that MicroStrategy did not indeed sell any of their bitcoin holdings over the past few years. If anything, during down times where people are more pressured to sell due to price drops, they are the ones who are going against the current and are buying more bitcoins, similar to what happened in 2020. If anything the pressure that these companies are making wouldn't get to MicroStrategy at all, they have been in the business for so long that they knew they wouldn't have to sell their cryptocurrencies at all. They are diamondhands as they say.

Quite recently as what Inwestour mentioned MicroStrategy bought even more bitcoins at this stage. Further emphasizing the fact that the company regardless of the outside pressures isn't going to sell any of their shit. Pretty sure soon enough they would be able to sell their bitcoins, but not today, I'm supposing the only market pressure that they'd relent against is when the world finally runs out of stray bitcoins and the demand to buy bitcoins skyrockets. They'd be able to a huge portion of their treasury into cash which would then allow them to become one of the most powerful companies in the planet (LOL). But for real though, I'm guessing that's the strategy they're pushing for.

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As Michael Saylor promised, MicroStrategy continues to buy Bitcoin at any price whenever they can.

MicroStrategy has acquired an additional 3,000 BTC for ~$155 million at an average price of $51,813 per bitcoin.
As of 2/25/24, @MicroStrategy now hodls 193,000 $BTC acquired for ~$6.09 billion at an average price of $31,544 per bitcoin.

https://twitter.com/saylor/status/1762101030336999899

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No need to rush or think of when micro strategy will sell of there bitcoin. With the look of things I don't think they will sell their bitcoin anytime soon. Bitcoin has not atain it ATH and they might be waiting for it to go so high before selling. Or just an asset for a very long term since everyone is talking about bullrun I believe they are trying to leverage on it .

Topic: When will Michael Saylor and MicroStrategy sell BTC? - page 4. (Read 1246 times)