Michael Saylor denied claims that Microstrategy was secretly selling Bitcoin. Saylor reminded that they have an obligation to report any such transaction to the SEC.
MicroStrategy CEO Michael Saylor, one of the leading figures in the crypto community, has denied rumors on Twitter that they are selling their Bitcoin reserves. The rumor arose after claims that the 1P5ZED … address, which carries a significant portion of the assets, belongs to MicroStragey or a crypto asset trading platform. Saylor also underlined that since it is a publicly traded company, they are obliged to report such a transaction to the US Securities and Exchange Commission (SEC). “I’m not sure who needs to know this, but whenever $MSTR makes any significant changes to its corporate strategy or Bitcoin reserves, we make it publicly available to our shareholders through the SEC filings,” he said in a statement on the matter.
Making a name for itself with Bitcoin purchases, MicroStrategy has approximately 130,000 BTC.
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