No Truth to the Rumor: Saylor Says MicroStrategy Still Aggressively Buying Bitcoin
On Friday morning during a CNBC appearance, Michael Saylor pushed back on circulating rumors, saying there is “no truth to the rumor” and reiterating that MicroStrategy remains focused on aggressively buying bitcoin. His comments came as bitcoin traded near $96,318.31 and MicroStrategy’s shares continued to face steep declines, a backdrop that has tested the firm's high-conviction strategy.
The statement matters because MicroStrategy is one of the most visible public companies to stake its balance sheet on BTC; continued accumulation signals sustained institutional demand and underlines Saylor’s view of bitcoin as a longer-term store of value. For investors, the reaffirmation reduces uncertainty around the company’s playbook, while market watchers will watch whether ongoing purchases help stabilize price action or influence broader sentiment in crypto markets.