MicroStrategy Denies Reports of Significant Bitcoin Reduction

MicroStrategy co-founder Michael Saylor rejected speculation of a large Bitcoin sell-off, clarifying that recent transfers were routine custodial changes. In a November 17 interview, Saylor stated the firm would only sell its Bitcoin if the price fell below $10,000. This follows rumors from blockchain data suggesting significant reductions in holdings, which Arkham Intelligence confirmed were mistaken interpretations of custodian rotation and wallet rebalancing. MicroStrategy continues daily Bitcoin purchases, maintaining its long-term strategy, with debt maturities over four years away.

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