Bitcoin can drop to $30,000 but Strategy won't sell, BTC miner says
A BTC.TOP executive argued that Strategy is unlikely to become a large net seller of bitcoin, even if BTC falls to $30,000. The debate followed speculation that Strategy had sold about 45,000 BTC after an on-chain analyst linked outflows from a Fidelity custody wallet to the company. That link is unconfirmed, since the wallet also holds Fidelity ETF assets. The argument is that Strategy’s balance sheet is strong: debt is only about 5% of assets and would rise to roughly 10% even in a severe BTC drop. He said the company has little incentive to abandon its “never sell bitcoin” image, which supports its market valuation. He also defended Strategy’s STRC preferred shares, saying selling older, lower-cost bitcoin can fund dividends while new STRC issuance buys more BTC, keeping Strategy a net buyer if purchases exceed sales. Skeptics warned a prolonged bear market could still force more sales. BTC traded near $63,400, down about 10% on the week.
