Michael Saylor backtracked from his earlier hyperbolic suggestion of extreme measures and sold an undisclosed portion of MicroStrategy’s bitcoin stash, signaling a more cautious stance on corporate crypto exposure.

Bitcoin fell to $79,600 following heightened U.S.-Iran friction, snapping its five-week winning streak as risk appetite waned and traders booked profits ahead of further escalation.

The combination of Saylor’s sell-off and bitcoin’s pullback may weigh on STRC’s net asset value, potentially triggering outflows and raising questions about the fund’s hedging and risk management strategies.