Post
Topic
Board Bitcoin Discussion
Re: When will Michael Saylor and MicroStrategy sell BTC?
by
Vincom
on 28/02/2024, 18:36:44 UTC
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