Is Bitcoin Falling Because Of Strategy Sell-Offs? On-Chain Data Fuels Debate
Bitcoin’s latest downturn has brought about appreciable hypothesis about whether or not Strategy’s (previously generally known as MicroStrategy) large holdings are enjoying a job available in the market’s weak spot. The issues escalated sharply when wallet-monitoring platforms flagged giant Bitcoin transfers linked to the corporate, sparking widespread claims {that a} main sell-off had begun.
The dialog gained much more traction when a broadly circulated report alleged that Strategy had slashed its Bitcoin holdings by tens of hundreds of tokens. Michael Saylor moved rapidly to handle the rumor, however the back-and-forth between on-chain interpretations and official statements raises questions of what’s really happening behind the scenes.
How Wallet Movements Turned Into Full-Blown Sell-Off Rumors
The controversy began when Walter Bloomberg shared a post citing Arkham Intelligence and claiming Strategy had diminished its Bitcoin stash from 484,000 BTC to roughly 437,000 BTC.
The alleged drop of about 47,000 BTC instantly led to questions as as to if the corporate had quietly begun liquidating. Saylor responded instantly beneath the submit, stating, “There is not any fact to this rumor,” dismissing the declare outright.
There is not any fact to this rumor.
— Michael Saylor (@saylor) November 14, 2025
As the scenario unfold throughout social platforms, Arkham Intelligence later clarified what really occurred. In a post on X, the agency defined that Strategy had moved 43,415 BTC since midnight UTC, value over $4.2 billion, but additionally famous that the exercise consisted of routine custodian rotations.
According to Arkham, the transfers have been as a consequence of motion from Coinbase Custody to a brand new custodian, together with inside rebalancing and pockets refresh processes. None of the actions indicated gross sales and that Strategy often performs these custodial transitions. Anyone monitoring these pockets clusters over the previous two weeks would have seen related flows, ultimately adopted by relabeling as soon as new addresses have been established.
Saylor’s Public Reassurance And Continued Bitcoin Accumulation
In response to the swirling hypothesis, Saylor took a definitive stance to calm markets. While speaking at an interview on CNBC, Saylor addressed the controversy, stating that Strategy had not bought any Bitcoin and had no plans to take action.
His remarks left no ambiguity as he stated, “We are shopping for; we’ll report our subsequent buys on Monday morning.”
He went additional to explain the corporate’s monetary place and long-term confidence, noting that the agency has put in a really sturdy base round right here with its Bitcoin holdings. Saylor additionally highlighted that Strategy’s debt construction doesn’t impose quick obligations, saying the debt remains to be “4.5 years out.” This means there may be at the moment no monetary strain that will require liquidation of Bitcoin.
Shortly after the interview, he strengthened his message on X, stating plainly, “We purchased bitcoin every single day this week,” which instantly contradicts any claims of ongoing promote strain from Strategy.
In phrases of worth motion, Bitcoin has spent most of this week on a downtrend, which now places its worth buying and selling beneath $100,000. At the time of writing, Bitcoin is buying and selling at $96,084.
Featured picture from Unsplash, chart from TradingView