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Saylor Says Strategy Is Buying Bitcoin After Viral Selloff Claim

He rejected liquidation chatter, signaled accelerated buying, then promised a Monday update.

Overview

  • Strategy’s executive chairman told CNBC the company is purchasing Bitcoin and intends to disclose recent buys on Monday, calling reports of sales untrue.
  • The firm now holds about 641,692 BTC acquired for roughly $47.54 billion at an average near $74,000 per coin, according to recent disclosures.
  • A post on X alleging Strategy had sold roughly 33,000 BTC went viral, but coverage attributes the claim to wallet movements that offered no proof of actual liquidation.
  • Bitcoin fell below $95,000 this week with sizable leveraged wipeouts and about $870 million in net outflows from U.S. spot Bitcoin ETFs reported during the downswing.
  • Strategy shares traded below the value of the company’s Bitcoin holdings, and Saylor said leverage is under 1.15 times with debt maturities several years out.