MSTR’s move is rock-solid; the logic for continuing to hoard BTC hasn’t changed, and the market hasn’t been shaken by its own sell orders, which suggests the institutional bid absorption is indeed holding up.

Jiebang News reports that Phong Le, CEO of MicroStrategy, said the company plans to continue its Bitcoin accumulation strategy, with the goal of maintaining the position of the largest Bitcoin holder in the foreseeable future, and that its recent selling activities have not had a negative impact on the market.