Saylor's strategy may be forced to sell all Bitcoin, revealing shocking SEC filings.

! The price of Bitcoin has recently fallen and the important support level near $75,000 has caused concern among investors. But that is not the only thing shaking the market.

The recent SEC 8-K filing from Strategy by Michael Saylor has raised new concerns that the company may sell the huge amount of Bitcoin it holds, something Saylor had previously stated would never happen.

So, is Strategy really preparing to break its promise of "never selling"? Or is the market overreacting?

Not a warning sign!

This file is a standard risk disclosure – not an indication that Strategy is preparing to sell. Similar language has appeared in previous filings, including the Q1 2024 10-Q report and documents dating back to 2023. In other words, this is not a new development.

This disclosure is customary and does not indicate that Strategy is abandoning its "HODL" strategy regarding Bitcoin. However, this has caused some people to express concern as it seems to contradict Michael Saylor's repeated statement that the company will never sell its held Bitcoin.

He even said that he plans to transfer this money to organizations that support crypto after he passes away. But now, that bold commitment may face real pressure.

What SEC filings reveal

According to the records, Strategy may have to sell part or even all of its Bitcoin if market conditions worsen or if it cannot raise capital through debt or equity under the terms.

Since Bitcoin accounts for the majority of Strategy's assets, a sharp drop in price could threaten the company's ability to meet its financial obligations. Without outside funding, selling Bitcoin may be the only option.

The document states: "We may be required to sell Bitcoin to meet our financial obligations," which could be "at a price lower than the original price or under unfavorable conditions."

That does not necessarily mark that Strategy will exit Bitcoin, but it will challenge the company's declaration of "permanently holding BTC."

The giant Bitcoin vault is in danger

Recently, on March 31, Strategy purchased an additional 22,048 BTC worth 1.91 billion USD, funded through a preferred stock offering of 711 million USD. This brought the total number of BTC held by Strategy to 582,185 BTC, currently valued at over 46.5 billion USD.

Despite the bullish moves, the company is currently under pressure due to recent market volatility and tightening financial conditions.

Market Outlook for Crypto

Bitcoin recently fell from a peak of $82,650 to a low of $74,700 amid trade tariff tensions between the United States and China.

Since then, the price has recovered by about 3.5%, returning to the range above $77,000 at the current time. However, with prices fluctuating wildly and financial obligations looming, Strategy may soon face a tough decision.

Currently, the company has not announced any new Bitcoin purchases. All eyes are on Michael Saylor to see if his "never sell" promise truly holds or if even the largest Bitcoin holders are hitting their limits.

You can view the BTC price here.

Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their own research before making any decisions. We are not responsible for your investment decisions.

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