Key facts
- Michael Saylor sold Bitcoin for the first time in almost four years.
- MicroStrategy shares fell 6% following the sale.
Bitcoin, MicroStrategy, Coinbase fall after Saylor's first BTC sale in 4 years
IN SHORT
Bitcoin, MicroStrategy, and Coinbase shares experienced declines following Michael Saylor's first Bitcoin sale in nearly four years. Saylor's sale, coupled with outflows from Bitcoin ETFs, is viewed by some analysts as a contrarian signal, with predictions of a market bottom in late 2026.
Key Numbers
6%MicroStrategy share price drop
5%Coinbase share price drop
4 yearstime since Saylor's last Bitcoin sale
843,738 BTCMicroStrategy's Bitcoin holdings
$75,701MicroStrategy's average Bitcoin cost
$73,566Bitcoin trading price at time of writing
Who's Involved
Michael Saylor
Executive Chairman of MicroStrategy, sold Bitcoin
MicroStrategy
Company whose shares fell 6% after Saylor's sale
Coinbase
Crypto exchange whose shares fell 5% amid selloff
CryptoTice
Analyst who projected Bitcoin's next market bottom in late 2026
