#TrumpTariffs Will institutions ever sell their BTC? Beware of this narrative

Each Bitcoin (BTC) bull cycle comes with new narratives. Today, institutional adoption has become the driving force of the greatest enthusiasm: more and more companies are integrating BTC into their balance sheets as a store of value.

According to data from Bitcoin Treasuries, more than 80 public companies already own BTC. Leading the pack is Strategy (formerly MicroStrategy), with over 555,000 BTC, followed by MARA Holdings and Twenty One.

For many investors, these large institutional holders are seen as "eternal hodlers," which reduces selling pressure and creates a perception of scarcity. This has led to the belief that a large part of the BTC supply is off the market... but is it really?

This is where the narrative becomes dangerous.

Companies like Strategy have financed their accumulation of BTC by issuing debt, especially convertible bonds. This strategy has allowed them to acquire large quantities without relying on their operating income. However, it also involves financial obligations that could force them to sell part of their holdings if they face external pressures or changes in strategy.

The risk: a significant sale by an institutional player could have a strong impact on the market, precisely because many believe they will never sell.

Conclusion:

Institutional adoption is positive, but not infallible. Investors should avoid blindly trusting the idea that this BTC is "off the market." The narrative can drive the price... but it can also hide vulnerabilities that, if triggered, can amplify volatility.

Stay informed. Question the narratives. Invest with critical vision.