MicroStrategy's Latest SEC Filing for Bitcoin Shocks: Could Sell If Plummet Continues! - Coin Bulletin

The claim that Strategy may have to sell its Bitcoin assets due to the drop in Bitcoin (BTC) price has led to comments suggesting that the company's famous "never sell" promise is at risk.

According to a post made by the account Cult of Blockchain on Twitter, Strategy announced in the 8-K form submitted to the American Securities and Exchange Commission on April 7 that if BTC prices continue to get dumped, it may sell its Bitcoin assets to pay its debts. The post mentioned that the company's decision to sell could break Michael Saylor's long-standing promise of "never selling Bitcoin."

On the other hand, the Cult of Blockchain announced that the company has purchased a total of 275,965 BTC since Trump's election victory in November 2024, with an average purchase price of 93,228 dollars. Accordingly, Strategy is currently facing an unrealized loss of approximately 4.6 billion dollars.

(# Is the description a standard statement?

However, according to the research conducted, it turned out that this statement in the documents submitted by Strategy to the SEC is not a special case. Such risk disclosures are standardly included in the company's previous reports, especially in the first quarter report of 2024 )10-Q### and in the 2023 reports. Therefore, the emerging rumor is considered to be a routine notification rather than a new development.

Strategy currently holds a total of 528.185 BTC and the average purchase price of these Bitcoins is at the 67,458 dollars level. The company's Bitcoin assets are reported to have a current market value of approximately 40.119 billion dollars.