Did This Just Crash Bitcoin and the Crypto Market?

本站添加: 2026-06-03

[00:00:00]The man who told you to sell your kidney, but keep your Bitcoin just sold his Bitcoin. He quietly sold 32 Bitcoin, which is worth $2.5 million, and ever since the news broke out, Bitcoin has crashed from $73,000 to $69,000.

[00:00:14]This was the same man going around TV shows, going to podcasts, going to Twitter Spaces saying, "Never sell your Bitcoin." And today, he just sold his Bitcoin. The name of this man is called Michael Saylor, and his company, which is called MicroStrategy, holds about 500,000 Bitcoin, which is valued at $34 billion today. I know some of you might be saying, "Why are you worried about him selling $2.5 million out of $34 billion?"

[00:00:39]Like, the amount is actually insignificant. So, why are you worried about it? Well, the story behind it is worse than you think. And in today's video, I'm going to talk about why is he selling his Bitcoin. Secondly, what happens if he decides to sell all his Bitcoin? Will that crash the price of Bitcoin to $10,000 or below that?

[00:00:57]Or what is going to happen? And finally, what is the implication of this sale to the future of Bitcoin? So, before we get started with this video, make sure to like this video right now, and subscribe to this channel. And let's start with why is Michael Saylor's company selling their Bitcoin. There are three reasons why he could be selling his Bitcoin, but before I mention that, I want to give a quick deep dive into his company, MicroStrategy, so you understand the context very well before I talk about why he's selling his Bitcoin.

[00:01:23]MicroStrategy is currently top five holders of Bitcoin. It is a software analytics company, and they have had a decent revenue over the years. But then, in 2020, Michael Saylor looked at the company's cash, which is sitting in the bank, losing value to inflation, and made a decision that shocked everyone, which is he's going to use all of those money to buy Bitcoin. Now, he didn't stop by using the cash they had in the bank to buy Bitcoin. He went on to start raising billions of dollars in debt, issuing bonds, taking loans, and many things like that just to raise enough capital to buy Bitcoin. He was essentially borrowing money at low interest rate and betting all of those money on the price of Bitcoin going up.

[00:02:01]And after he started doing that, the price of Bitcoin started going up in price. His stock, which is known as MSTR, MicroStrategy, also started going up. And every single person called this man a genius. But he went further to create something called STROK, which is known as preferred shares in strategy.

[00:02:17]So, what that basically means is investors are giving him money >> [music] >> and he's giving them 8% back in return as dividends. And these dividends have to be paid quarterly. So, now the company has three things. The first is they have Bitcoin, which Michael Saylor said they're not going to sell, which is around 500,000 Bitcoin. Secondly, they have $2 billion in debt, which is the money he was borrowing to buy Bitcoin.

[00:02:39]And thirdly, the preferred shareholders, which is for STROK, have to be paid their dividends regularly. And this is where the problem begins because the company itself, which is MicroStrategy, which which I told you initially was a software analytics company, is not making enough revenue to service all of these things they're talking about. So, when you're short in cash, you only have one option, which is to sell the asset you said you were never going to sell.

[00:03:02]And this is the first reason that led to the sale of that $2.5 million worth of Bitcoin. Another reason why they sold the $2.5 million Bitcoin is from a podcast I watched by Michael Saylor recently.

[00:03:11]>> MSTR equity is a derivative of Bitcoin and normally trades at a premium to Bitcoin. [music] And so, we were selling a Bitcoin derivative, but some people worried that we wouldn't be able to sell the equity in the future. And then there are short narratives that that we have to sell the equity.

[00:03:26]And then there are other narratives that the company won't sell its Bitcoin, and that kind of metastasized to well, if they're not going to sell their Bitcoin, it must not have any value and they can never sell it. And if they can't sell it, then we can't count the Bitcoin as an asset on the balance sheet. So, if you had $65 billion worth of something and people wanted to value it at zero, it's not very good, right? The We don't want the credit rating agencies to think >> [music] >> the company has zero dollars of assets.

[00:03:54]We want the credit rating agencies to think we have 65 billion dollars of assets. [music] And you know, there are also trolls on the internet.

[00:04:02]>> So, let me explain what Michael Saylor has seen in this podcast. If Bitcoin can't be sold, critics says it has no value.

[00:04:09]If it has no value, the balance sheet value is zero. If the balance sheet value is zero, credit rating agencies won't approve it. So, you have to sell any portion of Bitcoin to prove that Bitcoin is liquid, valuable, and real.

[00:04:22]So, if you're looking for a reason as to why he sold his Bitcoin, it's just to prove to the general public that, "Look, I can still sell my Bitcoin." So, that people are going to place a value on that Bitcoin. I know the value of that Bitcoin is zero because he can't sell it. But, since people know that he can sell it, then they can now place the value that he has his 65 billion dollars or 35 billion dollars worth of Bitcoin is actually real, and that is part of their balance sheet. I think this particular reason is the most important reason as to why they are selling their Bitcoin. The third reason as to why Michael Saylor is selling their Bitcoin is to see what of the public is going to look like when they sell some Bitcoin.

[00:04:55]And right now, I guess he has seen that if selling just 2.5 million dollars, which is a small portion of their Bitcoin, can cause this much panic in the market, imagine when they start selling a billion dollars or even more in Bitcoin daily or something. That is actually going to drive the entire market insane. Like, a lot of things are going to be happening instantly. Imagine if I had to sell 1 billion dollars or bigger amount of Bitcoin, people would actually race to go and sell all their Bitcoin. And that is going to be catastrophic to the market that very day. So, these are the three reasons as to why I think Michael Saylor is selling their Bitcoin. And somehow, I've actually answered the second question in this video, which is what happens if they decide to sell all their Bitcoin.

[00:05:31]Well, it's going to be very, very difficult to sell all of their Bitcoin because before they would do that, some people are even going to front-run them to selling it. What I'm saying too is there are platforms right now that allows you to track all of the wallets of MicroStrategy. So, you can see all of the Bitcoin they are holding. So, the moment they start moving huge chunk from one wallet to another, there's going to be an alert. And once people see that alert, it's going to cause panic in the market. And a lot of persons are going to sell. Honestly, that's going to crash the market badly. I can't really tell where it's going to crash the market to.

[00:06:00]Some persons are saying $20,000. Some persons are saying $10,000. Some persons are saying even zero, but I really can't tell, but that's going to crash the market badly.

[00:06:09]So, Michael Saylor understands this. I know he's not going to allow it to get to a point where there's going to be a bank run on Bitcoin and people are going to be rushing to go and sell their Bitcoin. Finally, let's look at what is the implication of this sell on the price of Bitcoin in the future. Well, MicroStrategy actually selling their Bitcoin is creating has created a lot of panic in the market. And honestly, I think it's going to take some time for the market to recover from the panic because people right now are scared as to if they are going to keep selling um because nobody knows. They they can wake up this this is basically what they can transfer and sell. So, people are scared as to if they will just wake up and still sell more. And if they are going to sell more, nobody's going to be buying right now. And I think that is part of the reason why most persons are predicting that this market could go as low as um $40,000. But looking at the future implication of this on Bitcoin, I think right now people are going to be skeptical as to if it's going to be worthwhile to invest in Bitcoin long-term.

[00:07:01]Yes, Bitcoin has always been here. Yes, Bitcoin went over $120,000.

[00:07:06]Um but right now, people are scared that with one person is holding a lot of Bitcoin, that is going to create a lot of panic because if they decide to start selling, imagine what's going to happen.

[00:07:16]I mean, imagine if something goes wrong with MicroStrategy and they have to recoup money by selling their Bitcoin.

[00:07:21]Um and that's the only option they have.

[00:07:23]What's going to happen? I really don't know the what the background story in the company, but people are going to be very very scared, especially when one entity is holding such amount of Bitcoin. One thing I'm certain about is even though this could look like a setback for Bitcoin temporarily, but I think in long-term, Bitcoin is still going to do very well. Getting to $100,000, I think Bitcoin is going to do that. $200,000 or there about. It's going to obviously do that in the future. I'm not going to say I'm not I'm not going to say in the next 1 year or 2 years. We really don't know. And Bitcoin actually does its thing the way it does it. So, it could be in 1 year, it could be in 10 years, it could be in any period of time. But one thing I know is Bitcoin is still going to do well as an asset. I think at this point MicroStrategy is not going to sell all their Bitcoin. Um they will obviously still hold a lot of Bitcoin. They'll still keep betting on it. And we have institutions already coming in to buy in to buy Bitcoin and the rest of that. So, why this is a setback temporarily, I think long term Bitcoin is still going to do well. I I somehow also think that this this sell was to create a panic so that people would sell and then they can buy at cheaper prices. It could be a reason.

[00:08:21]Um or other institutions buy at cheaper prices. These guys do it a lot to manipulate the market so they can get in at cheaper prices. So, if I'm you and I'm holding Bitcoin or I'm not holding it, I think it's an asset I'm going to consider holding long term. Um because I know it's going to do well. All of these things you're seeing is just going to be for a short while. So, this is all of it about this video. I really hope you enjoyed it. If you like content like this and want me to keep putting out crypto news, then let me know in the comment section. I I'm thinking of making it as part of the videos I'll be making on this channel. So, if I get a lot of people in support of it, then I could start making a lot of videos on news aside from other videos I'm going to make. Mind is not going to affect every other video I'm making. It's just going to be an addition to what I'm already doing right now.

[00:09:03]So, let me know in the comment section if you actually like it. And make sure you like this video right now. Subscribe to this channel. Most of you watching this video have not subscribed. I think the last time I checked, over 60% of you or 70% watching our videos do not subscribe to our channel. I wonder why you're not doing so. Like it's actually free. So, why not just go ahead and do it right away. So, go ahead and subscribe. And I will see you in my next video. Bye for now.