Michael Saylor’s Strategy Faces Fresh Questions After $30M BTC Move
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MicroStrategy moved 411.48 BTC (about $30.3 million) to Coinbase Prime, sparking renewed market scrutiny and a sharp rise in Polymarket odds that the company will sell Bitcoin before Dec. 31, 2026. Transfers to a CEX custody account do not confirm a spot sale, but the move has reignited debate over the firm’s treasury strategy, debt management and potential impact on Bitcoin market sentiment in the crypto ecosystem.
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- Lookonchain reported that Strategy transferred 411.48 BTC worth about $30.3 million to Coinbase Prime.
- Polymarket odds on Strategy selling Bitcoin before Dec. 31, 2026, rose sharply.
- Coinbase Prime transfers do not automatically confirm a spot Bitcoin sale.
Strategy is facing fresh market scrutiny after moving 411.48 Bitcoin, worth about $30.3 million, to Coinbase Prime. Lookonchain flagged the transfer on X, asking whether Michael Saylor’s company was preparing to sell part of its Bitcoin holdings.
Notably, the wallet movement came as Polymarket traders raised bets that Strategy could sell Bitcoin before the end of 2026. The transfer has now reopened a wider debate over the company’s treasury strategy, debt management, and influence on Bitcoin sentiment.
Strategy Transfer Draws Market Attention
Lookonchain reported that Strategy sent 411.48 BTC to Coinba…
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