Strategy's Saylor explains why OG is selling Bitcoin
Source: CoinWorld
Time: 2025-09-20 03:16:17
Strategy co-founder Michael Saylor blames the recent pressure on Bitcoin sell-offs on long-term holders who are “rich in Bitcoin and poor in fiat currency.” These holders cannot mortgage their loans with Bitcoin and are forced to sell off their bitcoin to cover costs such as education and housing. Sailer compared this to employees of a successful startup who cashed out low-priced stock options. He noted that this sell-off absorbs market volatility and makes Bitcoin more attractive to large institutions by establishing stronger support levels and reducing price volatility.