Bitcoin Updates: Saylor Remains Confident in Bitcoin, Driving Strategy's Aggressive Investment Despite Market Downturn

Bitget App

Trade smarter

Bitget

News

Markets

Bitcoin Updates: Saylor Remains Confident in Bitcoin, Driving Strategy's Aggressive Investment Despite Market Downturn

Bitget-RWA2025/11/14 18:46

By:Bitget-RWA

- Michael Saylor denies rumors of selling Strategy's 641,692 BTC ($22.5B) amid market selloff, reaffirming long-term accumulation strategy . - Bitcoin fell below $96,000 as MSTR dropped 35% YTD, but Saylor claims recent 487 BTC purchase shows accelerated buying. - Analysts call current BTC correction a "mid-cycle consolidation" phase, noting historical patterns from 2024-2025 market analysis. - Strategy's $20.29B unrealized gains and Saylor's "long-haul" stance highlight Bitcoin's perceived store-of-value

Michael Saylor, the executive chairman of

Strategy

, has refuted speculation that the company is offloading its substantial

Bitcoin

reserves during the recent market downturn, reiterating his dedication to the company’s long-term accumulation approach. These rumors surfaced after blockchain data indicated

BTC

transfers from wallets managed by the company, causing unease within the crypto sector.

Bitcoin Updates: Saylor Remains Confident in Bitcoin, Driving Strategy's Aggressive Investment Despite Market Downturn image 0

Nevertheless, Saylor told CNBC on Friday that the company is “acquiring bitcoin” and intends to disclose additional purchases on Monday. “This rumor is completely unfounded,” he later posted on X

according to a report

This rebuttal comes as both Bitcoin and Strategy’s stock (MSTR) encounter renewed selling pressure. Bitcoin dropped below $96,000 on November 14, representing a 6.95% decrease in the last 24 hours, while

MSTR

has declined nearly 35% so far this year

, with shares trading under $200. Bitfinex analysts characterized the current downturn as a “mid-cycle consolidation” rather than a full bear market, pointing out that Bitcoin’s 22% pullback from its record high is consistent with previous corrections seen in June 2024 and February 2025

according to market analysis

Saylor’s remarks come amid speculation that Strategy, which owns 641,692 BTC (valued at about $22.5 billion), could sell part of its holdings to strengthen its balance sheet. The company’s market-to-net-asset value (mNAV) has

dropped below 1

, a ratio often seen as an indicator of undervaluation. Despite this, Saylor stressed that Strategy’s Bitcoin acquisitions are ramping up, with recent figures showing the company added 487 BTC to its portfolio just days ago. “We’ve established a solid support level here,” he noted, implying that the recent dip in Bitcoin’s price may present a buying opportunity

according to company statements

The speculation intensified after an X user claimed Strategy had sold 33,000 BTC, worth $3.2 billion. Saylor’s prompt denial, along with his consistent advocacy for Bitcoin’s long-term prospects, has helped reassure some investors. “Our commitment is for the long term,” he emphasized, reiterating his previous assertions that Bitcoin’s value will keep increasing despite short-term fluctuations

according to market analysis

Elsewhere, overall market sentiment remains divided. U.S. spot Bitcoin ETFs saw $870 million in net withdrawals—the second-largest daily outflow ever—though most long-term investors have held firm

according to industry reports

. The recent drop in Bitcoin’s price has also led to $657.88 million in liquidations, with the bulk of losses coming from long positions

according to financial data

Strategy has accumulated its Bitcoin over five years at an average price of $74,079 per coin, resulting in $20.29 billion in unrealized profits

according to financial data

. Saylor’s unwavering focus on growing these holdings highlights his confidence in Bitcoin as a store of value, even as the market continues to fluctuate.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- COAI token's 2025 collapse exposed systemic DeFi vulnerabilities, costing investors billions through regulatory loopholes and weak governance. - Scam operators exploited jurisdictional gaps in Southeast Asia and the U.S., with $10B+ annual losses attributed to AI token fraud and unclear CLARITY Act definitions. - Conflicting U.S. regulatory frameworks (SEC/CFTC) and partial measures in Hong Kong/Singapore highlight fragmented global oversight of crypto markets. - Cross-border enforcement (e.g., $13.4B se

Bitget-RWA•2025/11/14 20:12

The COAI Token Fraud: An Urgent Alert for Cryptocurrency Investors

Walmart Relies on In-House Leaders to Steer Through Retail Hurdles

- Walmart appoints John Furner, a 30-year veteran, as CEO in 2026, succeeding retiring Doug McMillion. - Furner, 51, leads U.S. operations with 4,600 stores and $120.9B Q2 revenue, emphasizing internal leadership continuity. - McMillion's 12-year tenure saw 400% stock growth but faces challenges like tariffs and affordability crises. - New CEO inherits AI-driven transformation goals, with Q3 earnings and SNAP benefit disruptions under investor scrutiny.

Bitget-RWA•2025/11/14 20:10

As traditional banks pull back, Tether rapidly steps in to meet the demand for commodity lending, offering both swift action and significant capacity

- Tether plans to expand commodity lending with $1.5B in credit, using $200B reserves to enter high-yield trade finance. - The move fills a void left by traditional banks, offering faster loans in minutes via USD and USDT, targeting emerging markets. - Hiring HSBC experts and leveraging gold reserves, Tether aims to bridge traditional and digital assets through its gold-backed token.

Bitget-RWA•2025/11/14 20:10

As traditional banks pull back, Tether rapidly steps in to meet the demand for commodity lending, offering both swift action and significant capacity

Bitcoin Latest Updates: Is the Crypto Bear Market Poised for a Rebound?

- Crypto Fear & Greed Index hits 16 (seven-month low) on Nov 14, 2025, reflecting extreme bearish sentiment driven by volatility, Bitcoin dominance, and risk-averse trading. - Bitcoin consolidates near $104,500 after breaking key support levels, with technical indicators suggesting potential $107,500 breakout or $100,500 decline based on ETF inflows and institutional activity. - Major altcoins like ETH, XRP , and BNB face critical support levels, while analysts cite Fed policy shifts and the GENIUS Act as

Bitget-RWA•2025/11/14 20:10