Fact Check: No, Strategy Did Not Sell $4B in Bitcoin

Key Highlights

• •
  Viral X posts falsely alleged that Strategy sold $1–4+ billion worth of Bitcoin.
• •
  Michael Saylor publicly stated: "There is no truth to this rumor."
• •
  Strategy’s real position: the company continues accumulating BTC, most recently adding 487 BTC this week.

A sharp 3.4% drop in Bitcoin (BTC) from yesterday, trading near $96,000, was enough to ignite a full-blown panic across X today. Within minutes, posts claiming Strategy had begun unloading its Bitcoin sparked a wave of fear, speculation, and exaggerated figures.

Crypto commentators, some jokingly, others not, helped accelerate the misinformation before Strategy’s chairman stepped in to shut it down.

How the Rumor Started

It began with a dramatic post from X user @0xCryptoCobie claiming Strategy sold $1 billion in BTC. Subsequently, Rachid Wynn repeated the $1B figure:

Crypto influencer Linton Worm then inflated it to $3 billion, claiming Strategy dumped 33K BTC. The final escalation came when influencer Walter Bloomberg cited Arkham data suggesting Strategy reduced its holdings by 47,000 BTC, or about $4 billion, while noting it was unclear whether this was a sale or a wallet move.

The rumor exploded after Arkham showed Strategy’s holdings fell from 484,000 BTC to 437,000 BTC. But analysts quickly pointed out that nothing in the data indicated an actual sell-off. 

Large institutions routinely reshuffle coins between custodians, split wallets, or migrate to new security setups: movements that visually resemble sales but don’t involve selling a single BTC or satoshi (SATS). All signs show that Strategy was reorganizing storage, not selling Bitcoin.

Michael Saylor Breaks the Silence

After hours of market confusion, Saylor issued a clear reply:

He also posted a separate meme (“HODL”) that had ironically fueled speculation earlier in the day.

This is Saylor’s first direct denial since the rumor began and aligns with Strategy’s long-standing stance: the company isn’t selling Bitcoin, it’s still buying. 

In fact, on November 10, Strategy disclosed a fresh purchase of 487 BTC at $102,557 each, bringing its holdings to 641,692 BTC.

Saylor’s Strategy: Buy, Hold, Never Sell

Michael Saylor’s publicly stated philosophy makes the rumor even harder to believe. He has long framed Bitcoin as “digital gold” and predicts it will surpass gold’s market cap by 2035. Strategy doesn’t treat BTC as a tradeable asset but as the ultimate long-term treasury reserve.

Strategy intends to hold its Bitcoin “for 100 years or more,” reinforcing the company’s identity as a perpetual accumulator. Nothing in its filings, purchase history, or public disclosures suggests any shift away from that strategy.

Verdict: The Rumor is False

In the end, none of the viral claims hold up. Strategy didn’t sell $1 billion, $3 billion, or $4 billion worth of Bitcoin; nor did it unload 33,000 or 47,000 BTC.

Every piece of verifiable data, combined with Saylor’s direct denial, points to a straightforward conclusion: Strategy hasn’t sold a single coin; it was just a wallet move. It’s still buying.