#What Does the Market Say About MicroStrategy's Bitcoin Sales?
The current market pricing indicates an 85.5% probability that MicroStrategy will sell Bitcoin by December 31, 2026, a significant rise from 70% just one day prior. Meanwhile, Bitcoin price forecasts for May 2026 now stand at a 0.4% chance of hitting $115,000.
#Why Are Investors Concerned About Bitcoin Sales?
As many are watching closely, the potential for MicroStrategy to engage in Bitcoin sales raises concerns around Bitcoin's price performance. The anticipation of such sales seems to be influencing downward adjustments in Bitcoin’s price expectations.
MicroStrategy, previously known for its commitment to holding Bitcoin, has recently reported a substantial net loss of $12.54 billion for the first quarter of 2026. This significant downturn is primarily attributed to sizable mark-to-market losses stemming from the volatility in Bitcoin prices. The firm holds approximately 818,334 BTC at an average cost of $75,537 each.
The company's strategy also includes sufficient reserves to meet about 18 months of its $1.5 billion annual preferred dividend obligations. With Executive Chairman Michael Saylor hinting at potential Bitcoin sales to cover these obligations, there is a clear shift from MicroStrategy’s traditionally steadfast “never sell” policy, marking a pivotal moment in how the company views its Bitcoin holdings.