Strategy Faces Bitcoin Sell-off Risk Amid Falling Prices, Challenging Saylor’s Pledge

On April 9th, COINOTAG reported a significant development involving Strategy, previously known as MicroStrategy, and its Bitcoin holdings. In a recent 8-K filing with the U.S. Securities and Exchange Commission (SEC), Strategy indicated that a continued decline in **Bitcoin** prices might force the company to liquidate a portion of its assets to meet looming debt obligations. This prospect contradicts former CEO Michael Saylor’s firm stance of “never sell Bitcoin.” Within the filing, Strategy articulated that, “as **Bitcoin** constitutes a considerable part of our balance sheet, if access to equity or debt financing becomes constrained, we may have no choice but to sell at a loss.” Notably, since Donald Trump’s presidential victory in November 2024, Strategy accumulated 275,965 BTC at an average price of $93,228, leading to an unrealized loss of approximately $4.6 billion amidst market fluctuations. Presently, Strategy’s total Bitcoin holdings stand at 528,185 BTC, valued at an estimated $40.119 billion with an average acquisition cost of $67,458.