MicroStrategy Says It May Sell Bitcoin If Severe Crisis Occurs
MicroStrategy CEO Phong Le has, for the first time, acknowledged the company may liquidate its 649,870 BTC holdings if certain severe crisis conditions arise. The comment, made on Nov. 30, 2025, marks a notable shift from the firm’s previous public strategy of accumulating and holding Bitcoin as a long-term treasury asset.
The disclosure matters because MicroStrategy is one of the largest corporate holders of BTC; any move toward selling, even gradually, could add downward pressure to prices and heighten volatility. Le did not specify exact triggers or timelines, so markets and analysts will be watching for liquidity stress, regulatory shocks, covenant breaches or other crisis events that might force a sale. Investors in both Bitcoin and corporate crypto treasuries may reassess tail risks in response.