491 BTC Transfer Fuels Speculation of MicroStrategy Bitcoin Sale
MSTR•Speculation arose after an unconfirmed on-chain transfer showed 491 BTC ($30M) leaving a MicroStrategy-linked wallet, fueling reports of another Bitcoin sale by the company. Despite the potential divestment, MicroStrategy’s shares remained largely unchanged in trading following the event.
1. Reported Bitcoin Transfer
Market data watchers observed an unconfirmed on-chain transaction moving 491 BTC from a wallet associated with MicroStrategy, sparking speculation that the company sold roughly $30 million worth of Bitcoin.
2. Shares Hold Steady After Speculation
Despite the magnitude of the potential sale, MicroStrategy’s shares showed minimal movement following the report, indicating investors have either priced in Bitcoin divestments or are awaiting official confirmation.
3. Implications for Treasury Strategy
If the sale is confirmed, it would mark another step in MicroStrategy’s shifting approach to its Bitcoin holdings, potentially signaling profit-taking or a liquidity move to fund corporate operations.
