Is Saylor Selling? Strategy Moves $30 Million in Bitcoin
News By Alex Dovbnya Fri, 29/05/2026 - 8:41 MicroStrategy has unnerved the cryptocurrency market by transferring 411.48 BTC ($30.3 million) to Coinbase Prime. Advertisement
Strategy, the leading corporate holder of Bitcoin (BTC) in the world, has unnerved the cryptocurrency market with its most recent transactions. The Virginia-based firm has transferred a multi-million dollar chunk of its holdings to Coinbase Prime.
AdvertisementCoinbase's most recent transfer is worth a total of $30.3 million (411.48 BTC). It is relatively insignificant compared to Strategy's total BTC holdings, but the fact that the company is likely liquidating its coins is disturbing enough for market participants.
The sudden movement has fueled fears that the company may be preparing to liquidate some of its holdings.
HOT Stories Is Saylor Selling? Strategy Moves $30 Million in Bitcoin Ripple's Schwartz Mocks Audacious $286 Billion Bitcoin LawsuitThe odds of Strategy selling its BTC holdings before Dec. 31 have now surged to as much as 84%.
AdvertisementHinting at the unthinkable
During MicroStrategy's Q1 2026 earnings call, the famous Bitcoin maximalist, who famously claimed that he would be "buying the top forever."
However, recently, Saylor stunned the Bitcoin community by floating the idea of taking partial profits.
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He confirmed some earlier statements that were made by Strategy CEO Phong Le.
Saylor is willing to move away from the "diamond hands" narrative due to the harsh financial environment for the company.
The firm's massive balance sheet has been dragged down by crypto prices. As a result, MicroStrategy reported a significantly wider first-quarter net loss of a staggering $12.54 billion.
However, the most recent panic might still be overblown. Despite Saylor's diamond-handed reputation, it has technically sold the asset once before. On Dec. 22, the enterprise software firm liquidated 704 BTC for approximately $11.8 million in cash.
Just two days later, on Dec. 24, Strategy turned around and purchased 810 BTC.
Saylor previously stated that the key is to buy more BTC than you can sell.
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