Saylor Shoots Down Rumors of Bitcoin Selling, Reasserts Strategy’s Commitment to Accumulation
November 14, 2025
As crypto markets continued their volatile slide on Friday, speculation rippled across social platforms claiming Strategy (MSTR) was unloading part of its massive bitcoin treasury. Executive Chairman Michael Saylor quickly stepped in to put those rumors to rest.
“Ignore the noise,” Saylor said during a Friday morning appearance on CNBC, brushing aside the chatter and reaffirming the company’s long-standing bitcoin strategy.
Despite sharp declines in both bitcoin (BTC) and Strategy’s stock, Saylor insisted the company is not backing away from its accumulation plan. “We are buying bitcoin, and we’ll report our next buys on Monday morning,” he said, noting that the pace of purchasing has actually increased. He hinted that recent wallet activity, soon to be reflected on-chain, would show continued aggressive accumulation.
The confusion stemmed from bitcoin movements detected leaving wallets associated with Strategy, which some interpreted as evidence of selling—especially given the steep drop in BTC and MSTR earlier in the day.
Shortly after his CNBC comments, Saylor took to X to bluntly reject the speculation: “There is no truth to this rumor.”
Addressing bitcoin’s recent plunge, Saylor urged investors to take a broader perspective. He reminded viewers that just over a year ago, bitcoin was trading in a $55,000–$65,000 range. Even with the latest pullback, BTC around $95,000 still represents a substantial year-over-year gain.
“We’ve put in a pretty strong base of support around here,” Saylor said, expressing confidence that bitcoin could rebound from current levels.
Strategy shares were down 4% early Friday, slipping below $200 and widening the stock’s year-to-date decline to nearly 35%. Bitcoin, while bouncing off its lows, remained down 5.8% over the past 24 hours at about $96,200.
Given Strategy’s enormous bitcoin holdings—now exceeding 641,000 BTC, worth roughly $22.5 billion—the rumors weren’t entirely outlandish to some observers. The company’s market cap has fallen below the value of its BTC, pushing its market-to-net-asset value (mNAV) below 1, a sign the stock may be undervalued. In that context, selling a portion of the bitcoin treasury to stabilize the balance sheet might appear reasonable.
But Saylor made it clear: Strategy is not selling. The company’s conviction in bitcoin, and its plan to continue accumulating it aggressively, remains unchanged.
