Same with Micro Strategy, as institutional investor, they have big capital to buy and they're ready to use leverages for buying bitcoins. It's dangerous double-edged investment strategy and even Michael Saylor said "Bitcoin is the end game",
it doesn't mean Micro Strategy will never sell their bitcoins. It's very naive for thinking like this because no investor will hold their investment position forever.
We don't know when they will sell bitcoin but they will have selling times in future. In fact Micro Strategy did sold bitcoin 1 time, but it is like their action for tax report with sale and purchase on a same day 28 December 2022 (sold 704
BTC and bought 810
BTC.)
https://saylortracker.comWith all due respect, you have no idea what you are talking about. Saylor has repeated ad nauseam that he will never sell his bitcoin, referring to MSTR, other than that he also personally holds them and will not sell them. But it is not only that, he has based the value of his company on never selling and never stop accumulating, so if he were to sell (leaving aside a small sale at the end of the year for tax purposes, as you mention) it would automatically mean a drastic drop in the share, and he is not going to stick a thread in his foot.
At the moment the plan is to get $42B the next 3 years to keep buying more bitcoin.