MicroStrategy Confirms Bitcoin Buying amid Sell-Off Rumors

Published: 2025-11-14 17:26:59 |

MicroStrategy has denied on-chain data suggesting a Bitcoin sell-off and reaffirmed its ongoing BTC accumulation strategy. On November 14, the firm moved 58,915 BTC to new custody wallets, triggering speculation as its mNAV fell below 1 and shares hit annual lows. Executive Chairman Michael Saylor dismissed all selling claims, saying “We are ₿uying” and will announce further purchase details on Monday. Between November 3 and 9, MicroStrategy purchased 487 BTC for $49.9 million at an average price of $102,557. Under its ATM program, the company still holds $46.1 billion in share issuance capacity for future Bitcoin acquisitions. The firm’s balance sheet now includes over 641,000 BTC (about $22.5 billion), with market-to-net-asset value below one, fuelling trader interest in its potential to support Bitcoin prices.

Bullish

MicroStrategy’s reaffirmation of its Bitcoin accumulation and denial of BTC sell-offs signals continued demand from a major institutional player. This boosts short-term sentiment by defusing selling fears and may trigger rallies as traders anticipate fresh purchases. In the long term, sustained buying under the ATM program and a strong balance sheet provide a demand floor for Bitcoin, enhancing market stability and supporting price growth.