This sale of 32 bitcoins is more of a money management operation than a bearish signal—compared to Strategy's holdings of over 840,000 BTC, this transaction represents only about 0.004% of its total holdings, a negligible amount. The proceeds will primarily be used to pay preferred stock dividends, reflecting the company's capital needs rather than a change in its long-term value assessment of Bitcoin. What's truly noteworthy is that Strategy, as one of the world's largest corporate Bitcoin holders, remains steadfast in maintaining the vast majority of its position, demonstrating strong confidence in BTC's long-term prospects. 📊₿🚀 #Bitcoin #BTC

I have always said that MicroStrategy’s structure is a disaster. Currently, MSTR is merely a company on the brink of bankruptcy. I see Bitcoin communities promoting MSTR stock, and I can’t help but feel pity for them—they appear on shows without any understanding of financial fundamentals. Buying a foolish, non-productive asset with no yield, like Bitcoin, is a disaster—especially when tied to complex debt instruments such as preferred stocks, which clearly require paying compounded yields, creating a pyramid scheme where preferred stock is layered into tiers, further entangling the company in its own complexity. In contrast, BMNR is clearly different, as it generates liquidity from staking yields and does not take on debt.

MicroStrategy selling a tiny bit of Bitcoin is completely rational. Spending the last 4 years telling us you’d never sell is the weird part. Ya feel me?

Now we now the price of a kidney. Strategy has just sold Bitcoin for the first time.The company sold 32 bitcoin:native at an average price of $77,135, representing approximately $2 million in proceeds. As Saylor himself explained, if Bitcoin can never be sold, critics will argue that it has no realizable value and that the balance sheet value is effectively zero. By selling a small portion of its holdings, Strategy demonstrates that Bitcoin is both liquid and valuable.

I think there is a very real chance that $MSTR, $STRC and adjacent products will be this cycles “risk free yield” ponzi sacrifice. Last cycle we had many. When they were finally purged, $BTC healed. I have seen many OG “BTC purists” become corporate shills for precisely the things they always warned against. What happened to “not your keys not your coins”…? Now they are getting paid handsomely to tell you to let a publicly traded company hold BTC for you and ALSO you can get a risk free double digit yield… sorry but I don’t think so. What they are doing is filled with hypocrisy. They stigmatize “shitcoiners” and dunk on every defi exploit while encouraging the ponzification of $BTC. I love BTC. But I am truly worried by this digital credit push. And yes I understand how it works. I don’t think it’s feasible with how it’s currently being set up.