MicroStrategy CEO Phong Le said the company could liquidate its 649,870 BTC holdings under 'severe crisis' conditions, a first-time admission that alters its long-standing buy-and-hold posture. The warning introduces a new downside risk for Bitcoin and corporate treasury strategies.
MicroStrategy CEO Phong Le said on Nov. 30 the company would only sell Bitcoin if its stock traded below its market net asset value (mNAV) and other funding avenues dried up, insisting any sale would be driven purely by financial necessity.
Michael Saylor called today “Black Friday” in a post, stirring bullish sentiment around Bitcoin as traders speculate on potential purchases.
MicroStrategy (MSTR) logged its second‑worst monthly result for its Bitcoin exposure in November 2025, extending a streak of negative returns to five straight months since July. The run of losses intensifies scrutiny of the firm's long-running buy-and-hold crypto strategy.
Michael Saylor teased a 'big week' on social media, a hint many interpret as impending Bitcoin purchases. Markets are watching for confirmation that could affect BTC supply and price expectations.
MicroStrategy Executive Chairman Michael Saylor told Grant Cardone that bitcoin has stabilized and the market has likely hit its bottom. He said most forced selling and liquidation pressure has already been cleared from the market.
Michael Saylor denied on X that he or affiliated holdings sold 47,000 BTC, calling the reports false. The clarification helped ease concerns about a large, market-moving outflow.
Michael Saylor told CNBC Friday his firm remains committed to aggressively buying Bitcoin, denying rumors to the contrary. He made the comments after a sharp decline in BTC ($96,318.31) and MicroStrategy shares.
MicroStrategy (MSTR) stock fell after its market capitalization dropped below the estimated value of the company’s Bitcoin holdings as investors shift toward ETFs and shy away from corporate crypto exposure and leverage. The move underscores growing preference for direct ETF access and raises questions about balance-sheet risk for crypto-heavy firms.
Bitcoin slipped about 3% to roughly $98,600, pushing crypto-linked equities lower; MicroStrategy (MSTR), the largest corporate bitcoin holder, tumbled over 6.6% to around $210. The move has renewed questions about whether MSTR should trade as a bitcoin proxy or a standalone software/holdings play.