People are overthinking the 32 BTC sale.
βWhy sell?β
βWhy not just buy less next week?β
βIs this bearish?β
Michael
@saylor already explained the logic:
β’ If Bitcoin canβt be sold, critics say it has no value.
β’ If it has no value, the balance sheet value is zero.
β’ If the balance sheet value is zero, credit rating agencies ignore it.
β’ So you sell a tiny appreciated portion to prove Bitcoin is liquid, valuable, and real.