Michael Saylor has always been

Michael Saylor has always been saying he will not sell any Bitcoin in his treasury.

By raising new capital and not making any purchases when Bitcoin prices are still in a 12 month low, this can only mean he is expecting Bitcoin price to fall further. That is the only positive reason I can think of for him not to utilise the cash raised by buying more.

Or the worst case scenario is MSTR is really running out of operating cash and can't pay dividends promised.

Which means the whole thing about building a Billion plus in cash reserves to pay dividends for the next two years is all bull-shit.

Whichever it the truth, one thing for sure is now is not the time to be holding MSTR. Perhaps not even Bitcoin.

Strategy Sells $748M In Stock But Buys Zero BTC—Bad News For MSTR?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

dimpy
12-23 11:48
dimpy
If MSTR can't even buy the dip, BTC might tank further. Cash crunch signs? [看跌]
Guavaxf30
12-23 23:49
Guavaxf30
Very possible. BTC and all crypto stocks facing big selling today. May be the start if the bubble burst

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":513698464485608,"tweetId":"513698464485608","gmtCreate":1766444959667,"gmtModify":1766461252180,"author":{"id":3576140222331577,"idStr":"3576140222331577","authorId":3576140222331577,"authorIdStr":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":288,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","html":"<html><head></head><body><p>Michael Saylor has always been saying he will not sell any Bitcoin in his treasury.&nbsp;</p>\n<p>By raising new capital and not making any purchases when Bitcoin prices are still in a 12 month low, this can only mean he is expecting Bitcoin price to fall further. That is the only positive reason&nbsp;I can think of for him not to utilise the cash raised by buying more.</p>\n<p>Or the worst case scenario is MSTR is really running out of operating cash and can't pay dividends promised.&nbsp;</p>\n<p>Which means the whole thing about building a Billion plus in cash reserves&nbsp;to pay dividends for the next two years is all bull-shit.</p>\n<p>Whichever it the truth, one thing for sure is now is not the time to be holding MSTR. Perhaps not even Bitcoin.</p></body></html>","htmlText":"<html><head></head><body><p>Michael Saylor has always been saying he will not sell any Bitcoin in his treasury.&nbsp;</p>\n<p>By raising new capital and not making any purchases when Bitcoin prices are still in a 12 month low, this can only mean he is expecting Bitcoin price to fall further. That is the only positive reason&nbsp;I can think of for him not to utilise the cash raised by buying more.</p>\n<p>Or the worst case scenario is MSTR is really running out of operating cash and can't pay dividends promised.&nbsp;</p>\n<p>Which means the whole thing about building a Billion plus in cash reserves&nbsp;to pay dividends for the next two years is all bull-shit.</p>\n<p>Whichever it the truth, one thing for sure is now is not the time to be holding MSTR. Perhaps not even Bitcoin.</p></body></html>","text":"Michael Saylor has always been saying he will not sell any Bitcoin in his treasury. By raising new capital and not making any purchases when Bitcoin prices are still in a 12 month low, this can only mean he is expecting Bitcoin price to fall further. That is the only positive reason I can think of for him not to utilise the cash raised by buying more. Or the worst case scenario is MSTR is really running out of operating cash and can't pay dividends promised. Which means the whole thing about building a Billion plus in cash reserves to pay dividends for the next two years is all bull-shit. Whichever it the truth, one thing for sure is now is not the time to be holding MSTR. Perhaps not even Bitcoin.","highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":2,"favoriteSize":0,"link":"https://ttm.financial/post/513698464485608","repostId":2593432024,"repostType":2,"repost":{"id":"2593432024","kind":"highlight","pubTimestamp":1766429580,"share":"https://ttm.financial/m/news/2593432024?lang=en_US&edition=fundamental","pubTime":"2025-12-23 02:53","market":"hk","language":"en","title":"Strategy Sells $748M In Stock But Buys Zero BTC—Bad News For MSTR?","url":"https://stock-news.laohu8.com/highlight/detail?id=2593432024","media":"Benzinga_recent_news","summary":"Strategy Inc. (NASDAQ:MSTR) sold $747.8 million in stock but bought zero Bitcoin","content":"<div>\n<p>Strategy Inc. (NASDAQ:MSTR) sold $747.8 million in stock but bought zero Bitcoin (CRYPTO: BTC) the prior week, breaking its accumulation streak as the stock hovers just above critical $155 support.\n...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/12/49546042/strategy-sells-748m-in-stock-but-buys-zero-btc-bad-news-for-mstr\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Strategy Sells $748M In Stock But Buys Zero BTC—Bad News For MSTR?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStrategy Sells $748M In Stock But Buys Zero BTC—Bad News For MSTR?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-23 02:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/crypto/cryptocurrency/25/12/49546042/strategy-sells-748m-in-stock-but-buys-zero-btc-bad-news-for-mstr><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Strategy Inc. (NASDAQ:MSTR) sold $747.8 million in stock but bought zero Bitcoin (CRYPTO: BTC) the prior week, breaking its accumulation streak as the stock hovers just above critical $155 support.\n...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/12/49546042/strategy-sells-748m-in-stock-but-buys-zero-btc-bad-news-for-mstr\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://cdn.benzinga.com/files/images/story/2025/12/22/MicroStrategy-Stock-Jump.jpeg?optimize=medium&dpr=2&auto=webp&width=120","relate_stocks":{"BK4595":"比特币概念","BK4596":"哈里斯概念","MSTR":"Strategy","BK4588":"碎股","BK4600":"加密货币概念","BK4516":"特朗普概念","BK4585":"ETF&股票定投概念","BK4023":"应用软件","STRK":"MICROSTRATEGY 8.00% SERIES A PERPETUAL STRIKE PFD"},"source_url":"https://www.benzinga.com/crypto/cryptocurrency/25/12/49546042/strategy-sells-748m-in-stock-but-buys-zero-btc-bad-news-for-mstr","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2593432024","content_text":"Strategy Inc. (NASDAQ:MSTR) sold $747.8 million in stock but bought zero Bitcoin (CRYPTO: BTC) the prior week, breaking its accumulation streak as the stock hovers just above critical $155 support.\nStrategy reported no new Bitcoin purchases during the week ending Dec. 21, leaving total holdings frozen at 671,268 BTC valued at roughly $64 billion at current prices.\nInstead, the company sold 4.54 million shares of Class A common stock between Dec. 15-21, generating $747.8 million in net proceeds. \nNo preferred shares were issued during the period under any of Strategy’s four perpetual preferred stock programs—STRF, STRC, STRK, or STRD.\nThe company retains over $41 billion in remaining issuance capacity across common and preferred equity offerings. \nStrategy’s cumulative Bitcoin purchase price stands at $50.33 billion, with an average acquisition cost of $74,972 per BTC—meaning the position is up roughly 19% at Bitcoin’s current $89,000 level.\nStrategy disclosed its U.S. dollar reserve grew to $2.19 billion as of Dec. 21, up from the initial $1.44 billion funding in early December.\nThe shift to building cash rather than buying BTC marks a tactical pause after months of aggressive accumulation that pushed Strategy’s holdings from roughly 400,000 BTC in mid-2024 to over 671,000 by year-end 2025.\nPrice Prediction for MSTR by TradingView\nMSTR is up 0.26% on Monday, but the stock has collapsed roughly 64% from July highs near $460. \nSelling pressure accelerated through November and December, with every rally attempt systematically rejected.\nThe Supertrend indicator sits at $201.87, well above current price, while SAR dots at $191.01 reinforce bearish structure. \nBoth momentum indicators need to flip below price to signal any trend reversal.\nImmediate support rests at $155-$160 i.e. the December low. \nA break below $155 would likely trigger selling and open the door to $125, where limited support exists. \nThat represents another 24% downside from current levels.\nResistance stands at $175-$180 initially, but meaningful overhead supply exists at $190-$200 where both technical indicators sit. \nRead Next: \nImage: Shutterstock","news_type":1,"symbols_score_info":{"MSTR":1.96,"STRK":0.6}},"isVote":1,"tweetType":1,"viewCount":444,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["09008","IBIT","03042","03008","BTC.USD.CC","03439","BTC.USD.HKCC","09439"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":576,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":513766817677432,"commentId":"513766817677432","gmtCreate":1766461726442,"gmtModify":1766500995941,"authorId":9000000000000139,"author":{"id":9000000000000139,"idStr":"9000000000000139","authorId":9000000000000139,"name":"dimpy","avatar":"https://static.tigerbbs.com/a2abb9e8673493781a595ba0f757f9e1","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":513698464485608,"objectIdStr":"513698464485608","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"If MSTR can't even buy the dip, BTC might tank further. Cash crunch signs? [看跌]","text":"If MSTR can't even buy the dip, BTC might tank further. Cash crunch signs? [看跌]","html":"If MSTR can't even buy the dip, BTC might tank further. Cash crunch signs? [看跌]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":513943788172008,"commentId":"513943788172008","gmtCreate":1766504960518,"gmtModify":1766505389477,"authorId":3576140222331577,"author":{"id":3576140222331577,"idStr":"3576140222331577","authorId":3576140222331577,"name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":12,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":513698464485608,"objectIdStr":"513698464485608","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Very possible. BTC and all crypto stocks facing big selling today. May be the start if the bubble burst","text":"Very possible. BTC and all crypto stocks facing big selling today. May be the start if the bubble burst","html":"Very possible. BTC and all crypto stocks facing big selling today. May be the start if the bubble burst","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/513698464485608"}