7,383 BTC (~$796M) just moved from MicroStrategy walletsโฆ and CT panicked.
But hereโs the truth:
Itโs NOT a dump
Itโs most likely a custody reorganization
The BTC was split into 3 new wallets (3,174 + 3,269 + 2,026 BTC), a move that signals better wallet managementโcommon for firms with massive holdings like MicroStrategy.
Letโs not forget:
"Saylor has only sold once (704 BTC in Dec 2022)"
"That same month, they bought back 810 BTC"
"Since then, itโs been nothing but HODL + Accumulate"
Saylorโs strategy isnโt short-term profit. Itโs Bitcoin as a long-term treasury asset.
As of May 2025, MicroStrategy now owns over 576,000 BTC with a cost basis of ~$69,700. Thatโs nearly 3% of all BTC supply
๐ฌSo before screaming โdump,โ remember:
This is the same company that keeps buying the dip when others sell in fear.