Strategy Denies Selling Bitcoin, Confirms Continued Accumulation

Michael Saylor, executive chairman of Strategy, denied rumors about the company's Bitcoin sales.

Strategy's Bitcoin Holdings

  • Strategy holds 641,692 BTC, acquired for $47.54 billion at an average price of $74,079 per coin.
  • Recently purchased an additional 487 BTC.
  • The company has $20.29 billion in unrealized gains.
  • Rumors claimed Strategy sold 33,000 BTC, totaling $3.2 billion, which were debunked by Saylor.
  • Saylor reaffirmed the company's commitment to buying more Bitcoin.

Bitcoin Market Overview

  • Bitcoin price has been declining, dropping from over $100,000 to $98,377, triggering $657.88 million in liquidations.
  • Long positions accounted for $533.57 million of the liquidations.
  • US spot Bitcoin ETFs experienced $870 million in net outflows, the second-largest daily outflow on record.
  • Bitcoin's current price is $95,334.63, a 6.95% decrease over the last 24 hours.