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