MicroStrategy is battling fresh Bitcoin rumors and a sinking share price even as Michael Saylor doubles down on buying. As false claims of a $1 billion BTC sale spread and MSTR slides toward long-term support, new on-chain data and Saylor’s comments show the company is still accumulating.
Analyst Rebuts Claims MicroStrategy Dumped $1B in Bitcoin
False claims that MicroStrategy sold $1 billion worth of Bitcoin spread across social media after large transfers from its wallets appeared on-chain. Influencer accounts framed the moves as a massive sell-off, fueling fresh fear and confusion among retail traders.
MicroStrategy Wallet Transfers. Source: TedPillows
However, on-chain analyst Ted, known as @TedPillows, said the transactions were internal wallet movements, not sales. He pointed to transfer records showing coins moving from one Strategy-labeled address to another, with no evidence of flows to exchanges.
Ted said the episode shows how quickly misleading narratives can form when large crypto transfers hit tracking dashboards. He urged users to mute what he called “clickbait accounts” and instead verify wallet activity before repeating market-moving claims.
Saylor Confirms Ongoing Bitcoin Purchases After Defending Volatility on Air
Michael Saylor reinforced his long-term Bitcoin stance during a televised interview, where he said volatility is “part of the territory” for anyone investing in the asset. He reminded viewers that Bitcoin has endured multiple deep drawdowns over the years, yet its long-term performance continues to outpace major asset classes.
Saylor pointed to Bitcoin’s rapid swings over recent cycles, noting that the market moved from about $55,000 to $94,000 across 14 months and rallied sharply after the Trump election. He said these moves highlight why investors need a multiyear time horizon. “If you want to ride the rocket, you’ve got to be prepared to pull the Gs,” he said.
After the interview aired, Saylor confirmed his buying stance on X.
“We bought bitcoin every day this week,” he wrote, signaling that MicroStrategy continues to accumulate despite market uncertainty. His comments came shortly after another circulating quote attributed to him by Sweep: “Even if Bitcoin hits $1, I won’t get liquidated.”
MicroStrategy’s recent wallet activity and Saylor’s comments both point to continued Bitcoin accumulation despite the latest price swings.
Meanwhile, MSTR Slides Toward Key Technical Support as Bitcoin Weakens
MicroStrategy’s stock is approaching a critical technical level as Bitcoin trades below its recent $94,000 support. A weekly chart shared by Stock Trader Hub shows MSTR drifting toward the 200-week simple moving average, a long-term indicator that often acts as a final support zone during broad market pullbacks.
MSTR Weekly 200 SMA Retest. Source: X
The chart highlights how MSTR has already broken through multiple Fibonacci levels, with its price now sitting near $199 and trending lower. As Bitcoin continues to fade, analysts say the next major level for the stock sits near the 200-week SMA around $138, a zone marked on the chart with an arrow.
This setup reflects the high correlation between MicroStrategy and Bitcoin. When Bitcoin loses major support levels, MSTR typically reacts with outsized moves because the company’s valuation is tied directly to the strength of its BTC holdings. The current decline suggests traders are preparing for more volatility if Bitcoin fails to stabilize above its next key levels.
Source: https://coinpaper.com/12373/micro-strategy-hit-by-1-b-sell-off-fud-as-saylor-confirms-daily-bitcoin-buys
