Michael Saylor’s Strategy Could Be Forced to Sell Bitcoin

Apr 11, 2025

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Ibiam Wayas

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Strategy Bitcoin holdings are at the risk of being sold amid the tumbling crypto prices, which could put an end to Michael Saylor’s “never selling” narrative.

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In Q1 ended March 31, 2025, Strategy incurred an unrealized loss of $5.91 billion, amid the sharp drops in Bitcoin’s price.

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Earlier this week, BTC fell below $80,000 amid the ongoing tariff war, making Strategy’s average BTC cost of $67,549 seem like an imminent risk.

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In a filing with the SEC, Strategy mentioned that it may need to liquidate some of its BTC holdings to meet financial obligations, if need be.

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“If we are unable to secure equity or debt financing in a timely manner, on favorable terms, or at all, we may be required to sell Bitcoin to satisfy our financial obligations,” the filing reads.

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“We may be required to make such sales at prices below our cost basis or that are otherwise unfavorable,” the firm added.

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Strategy currently holds 528,185 BTC, worth over $43.240 billion. Regardless of the market situation, the firm’s BTC position is currently up $7.59 billion in profit.

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