Saylor's Strategy sold bitcoin for the first time since 2022. These firms are still buying
1 min readAnalysis by AlgoThesis Editorial Desk
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The story
Michael Saylor's Strategy sold bitcoin for the first time since 2022, breaking a closely-watched accumulation streak as bitcoin ETFs post their largest weekly outflow of the year. The streak break removes a key psychological floor for the MSTR premium trade while insider selling and narrowing corporate buyer breadth create a negative setup heading into what could be a sentiment inflection.
The two-sided take
The house read
Wrong ifA Saylor clarification that the sale was technical/forced (e.g. ATM mechanics or tax) rather than a strategy shift could reverse sentiment sharply; any fresh large BTC purchase announcement would immediately invalidate the short and squeeze the elevated short interest.
Published read · research, not advice