Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
Bitcoin Updates: Saylor Remains Confident in Bitcoin, Driving Strategy's Aggressive Investment Despite Market Downturn

Bitcoin Updates: Saylor Remains Confident in Bitcoin, Driving Strategy's Aggressive Investment Despite Market Downturn

Bitget-RWA2025/11/14 18:46
By:Bitget-RWA

- Michael Saylor denies rumors of selling Strategy's 641,692 BTC ($22.5B) amid market selloff, reaffirming long-term accumulation strategy . - Bitcoin fell below $96,000 as MSTR dropped 35% YTD, but Saylor claims recent 487 BTC purchase shows accelerated buying. - Analysts call current BTC correction a "mid-cycle consolidation" phase, noting historical patterns from 2024-2025 market analysis. - Strategy's $20.29B unrealized gains and Saylor's "long-haul" stance highlight Bitcoin's perceived store-of-value

Michael Saylor, the executive chairman of

, has refuted speculation that the company is offloading its substantial reserves during the recent market downturn, reiterating his dedication to the company’s long-term accumulation approach. These rumors surfaced after blockchain data indicated transfers from wallets managed by the company, causing unease within the crypto sector.
Bitcoin Updates: Saylor Remains Confident in Bitcoin, Driving Strategy's Aggressive Investment Despite Market Downturn image 0
Nevertheless, Saylor told CNBC on Friday that the company is “acquiring bitcoin” and intends to disclose additional purchases on Monday. “This rumor is completely unfounded,” he later posted on X .

This rebuttal comes as both Bitcoin and Strategy’s stock (MSTR) encounter renewed selling pressure. Bitcoin dropped below $96,000 on November 14, representing a 6.95% decrease in the last 24 hours, while

, with shares trading under $200. Bitfinex analysts characterized the current downturn as a “mid-cycle consolidation” rather than a full bear market, pointing out that Bitcoin’s 22% pullback from its record high is consistent with previous corrections seen in June 2024 and February 2025 .

Saylor’s remarks come amid speculation that Strategy, which owns 641,692 BTC (valued at about $22.5 billion), could sell part of its holdings to strengthen its balance sheet. The company’s market-to-net-asset value (mNAV) has

, a ratio often seen as an indicator of undervaluation. Despite this, Saylor stressed that Strategy’s Bitcoin acquisitions are ramping up, with recent figures showing the company added 487 BTC to its portfolio just days ago. “We’ve established a solid support level here,” he noted, implying that the recent dip in Bitcoin’s price may present a buying opportunity .

The speculation intensified after an X user claimed Strategy had sold 33,000 BTC, worth $3.2 billion. Saylor’s prompt denial, along with his consistent advocacy for Bitcoin’s long-term prospects, has helped reassure some investors. “Our commitment is for the long term,” he emphasized, reiterating his previous assertions that Bitcoin’s value will keep increasing despite short-term fluctuations

.

Elsewhere, overall market sentiment remains divided. U.S. spot Bitcoin ETFs saw $870 million in net withdrawals—the second-largest daily outflow ever—though most long-term investors have held firm

. The recent drop in Bitcoin’s price has also led to $657.88 million in liquidations, with the bulk of losses coming from long positions .

Strategy has accumulated its Bitcoin over five years at an average price of $74,079 per coin, resulting in $20.29 billion in unrealized profits

. Saylor’s unwavering focus on growing these holdings highlights his confidence in Bitcoin as a store of value, even as the market continues to fluctuate.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

AI-Generated Algorithms and Human Interaction: The Internet's Trustworthiness Dilemma

- The "Dead Internet Theory" resurfaces as AI-generated content dominates online platforms, blurring human engagement metrics. - Pixalate's Q3 2025 data reveals 37% non-human traffic in Brazilian mobile app ads, highlighting ad viewability crises. - C3.ai's 19% revenue drop and $117M loss underscore AI sector risks from high costs and competitive pressures. - Advertisers face unreliable metrics as algorithmic noise grows, prompting calls for stricter regulations and advanced analytics.

Bitget-RWA2025/11/16 17:56
AI-Generated Algorithms and Human Interaction: The Internet's Trustworthiness Dilemma

Ethereum Latest Updates: Major Institutions Support Ethereum's Supercycle, While Technical Experts Raise Concerns

- Tom Lee predicts Ethereum's "supercycle" driven by institutional adoption and DeFi growth, sparking market debate over valuation risks. - SharpLink Gaming's 1,100% revenue surge and $200M ETH allocation to Linea highlight bullish institutional strategies amid price volatility. - Technical analysts warn ETH's $3,500 support is critical after breaking below key channels, with $37B daily volume reflecting mixed momentum. - Growing institutional demand contrasts with critics' concerns over centralization ris

Bitget-RWA2025/11/16 17:34
Ethereum Latest Updates: Major Institutions Support Ethereum's Supercycle, While Technical Experts Raise Concerns

The Rapid Rise of ZEC (Zcash) Value: An In-Depth Technical and Strategic Analysis

- Zcash (ZEC) surged 66.55% in November 2025, peaking at $683.14, driven by treasury initiatives, privacy innovations, and institutional investments. - Cypherpunk Technologies' $50M treasury and Zashi Wallet's privacy swaps boosted demand, while Winklevoss Capital and Grayscale added $72.88M in institutional backing. - Technical indicators show overbought conditions (RSI 94.24) but bullish momentum persists, with derivatives markets holding $1.13B in open interest and a 1.06 long-to-short ratio. - Zcash's

Bitget-RWA2025/11/16 17:32
The Rapid Rise of ZEC (Zcash) Value: An In-Depth Technical and Strategic Analysis

ICP Caffeine AI's Rising Popularity: Ushering in a New Age for Blockchain Investors and AI-Powered DeFi

- Dfinity's ICP Caffeine AI bridges blockchain and AI in 2025, enabling non-technical users to build dApps via natural language prompts. - The platform saw 30% ICP token price growth and $237B TVL in Q3 2025, but faced 22.4% dApp usage decline amid market saturation. - Investors prioritize infrastructure projects like ICP Caffeine AI for AI-driven DeFi scalability and security, contrasting with speculative token trends. - Regulatory scrutiny and user retention challenges persist, but enterprise adoption of

Bitget-RWA2025/11/16 17:14
ICP Caffeine AI's Rising Popularity: Ushering in a New Age for Blockchain Investors and AI-Powered DeFi