CRYPTO ALERT!
Michael Saylor DENIES SALE AND ANNOUNCES "AGGRESSIVE ACCUMULATION" of Bitcoin
FALSE FIRE! 🚨 #Saylor from #strategy puts an End to the Panic: "We Are Buying More, Accelerating the Aggressive Accumulation of Bitcoin"
In the midst of a sharp drop in the price of #bitcoin and in the shares of Strategy (MSTR), and with the market flooded with rumors of sale, CEO Michael Saylor has categorically denied that his company is liquidating its reserves of #BTC
Denial and Commitment: Saylor stated on CNBC and through X (formerly Twitter) that the rumor that MicroStrategy was selling Bitcoin is "completely false". He reaffirmed the company's unwavering commitment to its core strategy of accumulating BTC.
Aggressive Accumulation: The company is not only not selling, but is "accelerating [its] purchases" of Bitcoin. Saylor indicated that the upcoming reports on Monday morning will show aggressive accumulation of BTC in its wallets.
Origin of the Rumor: The speculation of the sale arose from on-chain data showing BTC movements out of the company's wallets, which was misinterpreted as a liquidation.
Long-Term Perspective: Regarding the price drop, Saylor advised investors to maintain a broad perspective, noting that, despite the crash, Bitcoin at $\$95,000$ remains "quite attractive" compared to just over a year ago (when it was in the range of $\$55,000$ to $\$65,000$). He trusts that BTC has a "fairly solid support base" and can rebound from these levels.
