Amid the recent decline in Bitcoin prices, speculation has emerged that Strategy might be forced to sell its BTC holdings.
According to the Twitter account Cult of Blockchain, Strategy stated in an 8-K form submitted to the SEC on April 7 that it may need to sell Bitcoin to cover its debts if prices continue to drop. This statement drew attention as it seemingly contradicts Michael Saylor’s long-standing claim that the company would “never sell” its BTC.
However, further examination shows that this language appears in previous SEC filings as a standard risk disclosure. Strategy included similar statements in its 2023 and early 2024 reports, suggesting this is not a new development but rather a routine legal notice.
The company currently holds 528,185 BTC with an average cost of 67,458 dollars, though purchases made since November 2024 carry an average cost of 93,228 dollars, leaving the firm with an unrealized loss of approximately 4.6 billion dollars.
