$BTC

BTC

90,367.89

-4.82%

The recent transfers of ~47K BTC by MicroStrategy appear to be internal wallet reorganizations, not sales. Common purposes include enhancing security (e.g., multi-sig setups), segregating holdings for accounting, or preparing for debt financing like convertible notes to fund more buys. Their official filings and dashboard confirm no sales, with holdings at 641,692 BTC as of Nov 2025, aligning with ongoing accumulation.