Strategy Breaks 'HODL' Myth, MSTR Plunges Over 6% in Pre-market Trading, Community Comments Leaning Towards Cautious Optimism
BlockBeats News, June 1st. Strategy sold 32 bitcoins last week at an average price of around $77,135 per bitcoin, raising approximately $2.5 million.
This is the first time in the company's history that it has actively sold bitcoin publicly, as it has been known for its aggressive buying and long-term holding strategy. After the news was announced, MSTR's stock price fell over 6% in pre-market trading. Industry insiders believe that this move may be for liquidity management, balance sheet optimization, or to serve the "bitcoin per share" strategy, rather than as a signal of a bear market.
Real-time market reactions are as follows: The classic sarcastic comment "Buy high sell low" flooded many posts directly mocking the "high buy low sell" strategy. Some said, "They finally pressed the sell button" and "The HODL master has finally wavered."
@hiRavenCrypto stated, "It's just a small amount, no need to panic": Many investors pointed out that selling 32 bitcoins, relative to their 840,000+ holdings, is just a rounding error and they remain steadfast holders. "Selling this little might be to test liquidity or for tax optimization."
@TreasuryStocks initiated a discussion on strategy shift: Some people connected this move to the company's recent statement (CEO Phong Le mentioned actively managing bitcoin to increase "bitcoin per share" value), transitioning from pure HODL to dynamic capital allocation. Some speculate it is to free up space for larger operations in the future or to balance debt.
A Saylor fan/skeptic @kshitizkapoor said, "The 'Never sell your Bitcoin' believers are watching," and "The cult is watching," "Saylor finally sold, times are changing?"
The overall discussion atmosphere is mainly light-hearted with cautious optimism. Most people believe that this scale of sale will have a minimal impact on Strategy's bitcoin empire but signifies a potential shift from "never sell" to "smart selling."
