Topic: When will Michael Saylor and MicroStrategy sell BTC? - page 5. (Read 1269 times)

Yes, I also agree that Saylor and MS deserve the huge profits from their BTC strategy over the years. What is worrying is that when they change their strategy from buy-and-hold to a more flexible buy-and-sell, the negative impact of crypto winter may be amplified and its consequences will be extremely large.

Perhaps we will never know in advance when MS will sell BTC, we can only monitor and act reasonably. If MS will sell parts, we can also take profits not at the peak, but in the distribution zone.

As I stated, Saylor may not be able to decide everything for MicroStrategy, but the company's major shareholders will make the final decision. The price increase of MSTR is very significant, but the billions of USD in profits from BTC in the 2025-uptrend are also really attractive. Given the existence of a crypto winter in 2026 (assuming the cyclicality remains valid), there is no reason for MicroStrategy to continue holding for losses.

Anyway, these are just our speculations, we will wait for Saylor's actions in the 2024-2025 uptrend.

Microstrategy is in the business of selling stock, not Bitcoin. Saylor will likely just take loans out against his MSTR holdings and spend that with the hopes his company can continue buying BTC forever and the rise in value of his assets will dwarf his debts. That’s if he even has debts… He has probably already sold enough of his personal BTC to be set for life.

Exactly, it is all about the psychological effect on the market. Elon's moves were advertised massively in the bitcoin community which is why it had more effects. But also I'd like to mention that the whole Elon shenanigan helped mature the community a little bit too which means people are going to show less reactions to "celebrities" buying or selling bitcoin in the future. Which is one of the reasons why I said even if MicroStrategy dumps its bitcoins, it won't have a significant effect.

My thoughts would be that of congratulatory because they've been hodling that much bitcoin and have been accumulating for a really long time already and I think that whatever they do, they deserve to have it and I just hope that I'm prepared financially with whatever their big liquidation creates.
I anticipate it to be something that's going to lower the price of bitcoin to a point that many of us would probably think is impossible to happen, like for example, they might break the price floor for bitcoin many times than we think is possible.
I don't think that MS is an individual, they're an investment company right? Which means that there's a board sitting on top of that company that's deciding how they should do things and how they should sell the bitcoin. If I have an early information about their decisions, I'd probably consider but when it hits the trading space and investment space, it's already too late for us outside of their circle.

Every institution has the right to do what they deem fit for their investment. Michael Saylor can also change his stance about not selling Bitcoin if he thinks it is time to make a profit. Currently, Micheal is still accumulating more Bitcoin for personal hodling after he showed interest in selling  $216 million worth of his shares MicroStrategy. 

Such kind of news might bring FUD to the Bitcoin market but the market will recover as usual. The price of Bitcoin might drop slightly, but it will recover after a few days.

The actions of institutions like MicroStrategy are irrelevant when I am making my Bitcoin investment decision. Bitcoin is well well-programmed project that has an inbuilt recovery mechanism. The decisions of these major investors will just have an impact on the market in a short time. This why Bitcoin should be seen as a long-time investment, so that you can keep hodling even when the market is going down. 

Honestly, the op's post looks to me like it was written by AI, namely by Microsoft Copilot (Bing). I checked it through one of the online AI checking tools, which said the same thing, but I know those services are unreliable.
Now, to the main point. MicroStrategy can sell BTC after making some profit, it makes financial sense to do that. I don't think the impact would be significant, though (maybe a temporary 15% price drop or something). Also, the post says that Bitcoin might go up to $160k in 2025, and then go down to a price below $60k by 2026 in case MicroStrategy sells. I think it can easily happen without any activity on MicroStrategy's part, simply because Bitcoin tends to go into bull markets, and then lose around two thirds of the price during the bear market.

Well there's a possibility of Saylor selling some of his  Bitcoin but i don't think it would be anytime soon but in the future. He could decide to sell overtime, maybe if BTC reaches an all time high of $100k or above, over the years we've known him to be one of the major buyers of the asset and there's no point of him selling when the halving is by the corner. Instead MicroStrategy selling it's BTC they'll rather acquire more.

 My opinion is based on his statement in a video I came across on the media, he was asked "at any point would you sell, when would it make sense to take profits there"? And he replied saying "well I've famously said I'm going to be buying the top forever. Bitcoin is the exit strategy, it is the strongest asset, so what we've seen right now, is the Bitcoin is just emerged as a trillion dollar ($1,000,000,000,000) asset class and it's along side names like Apple, Google, and Microsoft but the difference between Bitcoin and the magnificent seven is that, Bitcoin is an asset class it's not a company,  there's not a lot enough room in the capital structure of those company to hold 10 trillion or a 100 trillion dollars worth of capital. So Bitcoin is competing against Gold which is 10x what it is right now, it is competing against S&P index, it competing against Real Estate a 100 trillion dollar plus asset class as a store value. So we believe capitals can keep flowing from those asset classes into Bitcoin cause Bitcoin is technically superior to those asset classes. And that being the case, there's just no reason to sell the winner to buy the loser".

 With that being said, i don't think Michael Saylor would sell his Bitcoin anytime soon. I think he's noticed that Bitcoin is a better investment that would yield him more profits and that's why he's staking more instead of selling it. Well Michael has acquired wealth for him self and whether he sells or not is none of my business and I'll rather focus on working hard to acquire my own Bitcoin and prepare for the halving, the Bullrun is already started but it's not too late to acquire more Bitcoin before the halving.

The other day, MS was a guest on Bloomberg and it was, as always, an interesting interview. Unfortunately I only found a shortened version, but it's always interesting to hear what Saylor has to say. As you can hear in the video, the company is not only focused on investing, but also works on applications for Bitcoin.

One thing people have to realize is that Microstrategy's Bitcoin holdings is the primary thing giving the company value now. Their business is a half billion dollar a year business, and has been flat for like a decade or more. While their Bitcoin is worth $10 billion and is only going to get much more valuable. They might occasionally sell for accounting purposes, taking a loss on some bitcoin to cancel out company profits and not pay taxes, like they did in late 2022. But in general if they need money they can raise it through issuing more equity.

I used to be surprised that Microstrategy would keep issuing more stock to buy Bitcoin. But Bitcoin is the thing that is going to keep making the company more valuable, so it always makes sense to sell equity in order to buy Bitcoin because that will make more money for their investors. So for the same reason, it doesn't really make any sense to ever actually get rid of any Bitcoin, because that will directly make the company lose value. Getting more bitcoin is always going to be more valuable than their stock at any given time, because their stock gets more valuable according to how much bitcoin they have. So buying more bitcoin forever makes sense, and issuing more stock to do that makes sense, and if the business needs money for a reason other than buying Bitcoin it makes much more sense to issue some stock for that rather than sell bitcoin.

Remember this is a company, not a person. I know we associate Microstrategy with Saylor, but the two are different. As a company, the goal is to increase the value of the company. That is what holding more bitcoin does. People on here are saying "I'm sure they'll cash out at some point", but why would they? It's not a person. It's not like Microstrategy is gonna one day retire and go live on a tropical island and needs the dollars to do that lol. Microstrategy doesn't need billions of dollars in fiat. Microstrategy just needs to keep increasing the value of the company. And selling Bitcoin never accomplishes that goal, unless they try to play the market cycles, selling during the bull run to buy during the bear market, but honestly I doubt they are going to bother trying to time the market like that.

When Saylor says they will never sell, it actually does make sense. I do expect them to keep adding Bitcoin forever and to never sell except possibly on a very short term basis for tax accounting like they've already done once.




If they were an extremely successful company this wouldn't be the optimal strategy, because expanding company operations could be more beneficial for growth than expanding bitcoin holdings, which is whey Apple or Google or whoever is never going to go all in on Bitcoin like Microstrategy (though I certainly expect them to start holding some bitcoin at some point to offset their depreciating cash). But because Microstrategy's business was flat, Bitcoin comparatively is like a super power. There is no reason to every sell their super power.

If he (MS) needed the money he would borrow against it not sell it.

The tech side of the house will die out eventually and they will left holding a big pile of BTC. He could pivot and re invent the company any way he wants to.

I suspect at some point a big fish (Saudi) will buy the whole company to get the BTC in one lump some and sell off the tech. To purchase 10 bil in BTC at one time (ish) would be very difficult.

Any way you slice it he and his investors will win.

I think you mixed up the first and second purchases - there is a topic started by @fillippone and you can see that the first purchase was in the amount of $250 million, and second was $175 million -> MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

They will sell but won't sell all bitcoins they have in one day or in a few days. They will only do it if their company has big problems and accident. Else they will do it gradually like whales do distribution phase in the market.

The Bitcoin market has been becoming bigger and its trading volume growing with time so there will be better ability to absorb selling pressure from MicroStrategy and other institutional investors. Sells, news about it will cause fear on the market and price will be affected but it will give nightmare to gamblers with leverages and risk of forced liquidations. Oppositely, it will give great opportunities with big discount to people who are intelligent investors and wait for dips to enter.

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.

https://saylortracker.com/
The first purchase is 16796 BTC and a second purchase is 21454 BTC with its value at $250M that is mentioned by you. MicroStrategy even bought 19452 BTC when Bitcoin was exchanged at $52,765.

MicroStrategy or Mr. Mars (Elon) is only booster to hype the market that is necessary to help Bitcoin gets more attention from new investors and attract more capital to this market. In 2024, we will have Bitcoin Spot ETFs but they will not only components that contribute to Bitcoin growth and new all time high.

Tesla investment history in Bitcoin with a purchase when Bitcoin was about $38,000.
https://bitcointreasuries.net/entities/2

Rumor is SpaceX invested in Bitcoin too and Elon Musk confirmed in a Twitter Space.

He and MicroStrategy will take profit and they will not hold all their bitcoins forever. They can take profit partially with their bitcoins to polish their company balance sheet and financial report. They can come back to purchase bitcoin again but I don't believe if they will never take any profit from Bitcoin investment.

It's likely that everyone here has our own opinion, but it's only up to Michael Saylor as to when he is going to sell. But for sure, with the current sentiments and the approaching block halving, most likely the selling point not just for Saylor but for us long term holder is near the all time high.

They have big amount of Bitcoin in their arsenal, we might or might not known when they are going to sell as obviously it will have a impact on the market. So depends on how they sell it, OTC or other methods that those like whale alerts might not have known when they are going to dump.

I don't remember exactly if it was like that in the beginning, because the first public purchase was in the amount of $250 million and some 20 000+ BTC, which probably had a positive effect on the price, but not even close when the news appeared that the companies of Mr. Mars invested in BTC. I concluded a long time ago that the number of BTC that someone bought is not too important, it is much more important who bought them.

Saylor doesn't have nearly the influence that some other people have, regardless of the fact that he is positive about Bitcoin unlike those other people. However, what Saylor is doing is far from the idea on which Bitcoin was built, so the question is always whether what he is doing is positive or negative for Bitcoin in the long term?

I still think that for him, regardless of the statements he makes, Bitcoin is just a business that should result in profit, and it is not impossible that one day he will sell part or all of the BTC that his company bought.

We all invest in bitcoin with the ultimate goal of profit, so even if they sell their bitcoins it is not surprising. And whether they want to sell their shares of the company or sell bitcoin is up to them to decide, there are no regulations prohibiting them from selling bitcoin when they want to make a profit.

Furthermore, why are so many people afraid of big investors selling their bitcoin? Bitcoin is a financial market and anyone has the right to buy and sell, why do we always ask stupid questions and get scared when someone sells large amounts of bitcoin? If there are sellers, there will be buyers, and the market will always be like that, there is nothing to fear what will happen even if Satoshi sells all his bitcoins, let alone these organizations.

No one knows when they will sell the Bitcoin they hold. They can sell when the Bitcoin price is rising or when it is falling, it depends on their decision. However, it doesn't matter when they will sell the Bitcoin they hold, because it won't have a significant impact on the Bitcoin market.

People get too obsessed with whether big holders are going to sell or not. Who cares. Microstrategy is on a bitcoin standard, they will continue accumulating bitcoin when they can. They have already sold once for tax accounting purposes, I'm sure they will sell some at other points in the future. I have no idea if they will try to play the market cycles or not, and it doesn't matter. Anyway it doesn't seem like Saylor has much interest in trying to gamble and beat the market with his company's holdings, but rather the safe choice of continuously accumulating more. If he wanted to play the market cycles he wouldn't have been buying all through the bull market in 2021.

I understand what they said. But, I don't think it's true fact that they will never sell their Holdings. There will be a time when they have to take profit from their investment. If they want to cash out their profits, there are no other ways except selling their Bitcoin. But, if they keep their Bitcoin as an investment asset only and want to calculate the profits as unrealized, then why not?

They could do it as long as they want. I am not part of their team and don't know what is happening in their mind. They may be saying those positive things to influence the market. We never know the truth.