Saylor’s “strategy” may be farewell to its bitcoin (BTC) if this happens


The Rumor factories are high on the current Cryptocurrency market and force investors to think twice and three times about their latest market exploration. In a new new rumor SPREE, Michael Saylor, former CEO of Micro Strategy, can recently reclassified as a “strategy”, is forced to sell its Bitcoin on BTC’s prize continues to throw, according to the latest 8-K form submitted by the company to Sec on April 7.

Also read: China’s Central Bank asks state -owned banks to reduce the purchases of US

Is Michael Saylor ditching bitcoin?

BTC Market Chaos
Source: Watcher Guru

“Rumors have it that the strategy submitted an 8-k form at SEC on April 7. That if the price of bitcoin continues to fall, the company may be forced to sell its Bitcoin holdings to repay debts. It was found that this statement is a common risk of disclosure. And it is also shown in the 10-Q report for Q1 2024.

Per cult of blockchain, the above -mentioned step “can” be taken to refinance debt by liquidating acquired BTC in extremely worrying cases.

Also read: Blackrock merges with anchoring to secure crypto care

“⚠ Strategy may be forced to sell Bitcoin, break” Hodl “promise. In a new 8-K application at Sec, the strategy may be forced to sell its #bitcoin to fulfill the debt obligation. If $ BTC continues to reject-potential breaks Michael Sayor’s @Saylor Long-term” never sell Bitcoin “.

However, it should be noted that this is just a speculation. No official confirmation/statement has been published yet.

How many BTC has strategy?

Per a cult of blockchain post at X currently has strategy 528 185 bitcoin.

“Since Trump’s election in November 2024 has acquired $ 275,965 BTC at an average price of $ 93,228. Now it is facing an unrealized loss of $ 4.6 billion. The company currently holds 528,185 $ BTC at an average cost of $ 67,458 per #bitcoin.

Current Saylor holding

Sayor’s current attitude, according to his latest crypto post on X, seems to be intact. His latest post tells about Bitcoin’s increasing status as “digital gold”, obviously describes its similarity and commitment to digital access.

Also read: Trump doesn’t care about the latest market crash: here’s why





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