Strategy Inc., the company formerly known as MicroStrategy, wants everyone to calm down. After selling 32 BTC to cover preferred stock obligations, its first sale since 2022, the firm moved quickly to reassure markets that its Bitcoin accumulation playbook remains firmly intact.
Michael Saylor, the company’s executive chairman and chief Bitcoin evangelist, reaffirmed that Strategy’s focus remains squarely on Bitcoin, disciplined capital use, credit quality, and long-term value creation. CEO Phong Le was even more direct about the chatter that followed the sale.
“Rumors otherwise are just rumors.”
To underline the point, Strategy followed up its 32 BTC sale with a purchase of 1,550 BTC worth $101 million. In English: the company sold a handful of coins to meet a financial obligation, then bought back roughly 48 times that amount.
Why 32 Bitcoin caused a market tremor
