Michael Saylor Dismisses Rumors of Bitcoin Sales, Reaffirms Aggressive Accumulation Strategy
November 14, 2025

Amid continued turbulence in the crypto markets, rumors surfaced online suggesting that Strategy (MSTR) might be selling off part of its bitcoin holdings. However, the company’s Executive Chairman, Michael Saylor, quickly refuted these claims during a CNBC appearance on Friday morning.

“Ignore the noise,” Saylor said, putting the speculation to rest.

With both bitcoin (BTC) and Strategy’s stock experiencing significant declines, Saylor reiterated that his company is fully committed to its strategy of accumulating more bitcoin. He confirmed that the company continues to purchase BTC and will disclose its latest acquisitions on Monday. “We are buying bitcoin, and we’re accelerating those purchases,” Saylor added, hinting that the upcoming wallet activity would reflect this aggressive accumulation.

The rumors about Strategy selling bitcoin were fueled by on-chain data showing BTC leaving company-controlled wallets, coinciding with the price declines in both bitcoin and MSTR stock. This led to speculation that the company might be liquidating some of its holdings to stabilize its position.

Immediately following his CNBC interview, Saylor took to X (formerly Twitter) to dismiss the rumors: “There is no truth to this rumor,” he wrote.

Regarding bitcoin’s recent price drop, Saylor urged investors to keep a long-term perspective. He pointed out that just over a year ago, bitcoin was fluctuating between $55,000 and $65,000, and even with the recent decline, it remains well above those levels. At the time of writing, bitcoin was trading near $95,000, offering a solid return despite the recent dip.

“We’ve established a strong base of support at these levels,” Saylor remarked, expressing confidence that bitcoin could rebound from its current position.

At the start of Friday’s trading, Strategy’s stock was down 4%, dipping below $200 and bringing its year-to-date loss to nearly 35%. Bitcoin, while off its recent lows, had also dropped by 5.8% in the last 24 hours, sitting at $96,200.

The rumors of bitcoin sales were not entirely unfounded, given Strategy’s massive bitcoin holdings, which now exceed 641,000 BTC, valued at approximately $22.5 billion. However, the company’s market capitalization has fallen below this amount, leading to a market-to-net-asset value (mNAV) ratio below 1 — a sign that the stock may be undervalued. Under these circumstances, some speculated that selling some bitcoin might be a logical move to stabilize the company’s finances.

However, Saylor’s comments make it clear that the company’s commitment to its bitcoin accumulation strategy remains unchanged, with no intention to sell off any significant portion of its holdings.