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Michael Saylor Shuts Down Rumors of Bitcoin Sell-Off as Crypto Market Crashes


by Enoch Mwathwa

The crypto market faced heightened tension after viral posts claimed Strategy had reduced its massive Bitcoin holdings, sparking fear during a sharp market downturn. Large wallet movements tied to addresses linked with the company fueled speculation, but Michael Saylor stepped in fast to dismiss the claims and restore clarity.

Saylor Responds as Wallet Activity Triggers Panic

Rumors picked up speed after several large Bitcoin transfers moved through wallets connected to Strategy. Screenshots of the transactions spread quickly, with influencers suggesting the company had offloaded more than $1 billion in Bitcoin. The claims gained traction as Bitcoin’s price dipped, amplifying the anxiety across social media.

Source: CoinMarketCap

Moreover, Arkham Intelligence added to the confusion. Its dashboard showed Strategy’s Bitcoin balance dropping from about 484,000 BTC to roughly 437,000 BTC. The platform does not confirm whether movement reflects sales or internal transfers, leaving room for speculation. Traders questioned the timing, especially as the decline matched heavy selling pressure across the market.

Furthermore, Walter Bloomberg shared that this appeared to be the first recorded decrease in Strategy’s holdings since mid-2023. His post drew a wave of reactions from analysts who monitor the firm’s wallet flows. The uncertainty pushed traders to assume the worst, despite the lack of verified details behind the numbers.

Clarification Eases Tension as Analysts Counter False Claims

Michael Saylor addressed the issue directly. He wrote, “There is no truth to this rumor,” shutting down the idea that Strategy had reduced its Bitcoin position. His statement cut through the noise and reinforced his long-held stance on Bitcoin’s long-term value. He has often stated that Bitcoin will surpass gold by 2035.

Shortly after, Ted Pillows offered further clarification. He explained that the Bitcoin had been moved to a different wallet rather than sold. He urged users to be cautious of accounts pushing unverified stories for engagement. His warning helped calm the situation, though some uncertainty lingered as fresh posts continued to surface.

Even so, Saylor’s denial came at a key moment. His response steadied sentiment among Bitcoin supporters who view Strategy as a pillar of institutional conviction. The timing mattered, especially as the broader market struggled under selling pressure and rising volatility. The reassurances helped stabilize the narrative and shift focus back to the company’s long-term strategy rather than short-lived rumors.

#blockchain #crypto, #decentralized, #distributed, #ledger





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