Breaking: Saylor Denies Rumors He Sold 47K BTC
Billionaire Michael Saylor took to X on Friday to deny circulating rumors that he or his affiliated holdings had sold 47,000 BTC. The post labeled the claims false and aimed to quash speculation after a flurry of social-media posts suggested a major exit from long-term positions.
A sale of that size would likely have been market-moving, so the denial helped calm short-term volatility and reassured some investors about institutional demand. Given Saylor’s profile and his association with MicroStrategy, such stories attract outsized attention; traders say they will monitor on-chain flows and official disclosures for confirmation. For now the market response is muted, but the episode highlights how quickly rumors can influence crypto sentiment.