bitcoin it may drop to $30,000 but it still won’t affect Strategy’s BTC plans.
This is from Jiang Zhuoer, CEO of BTC.TOP, one of China’s largest bitcoin mining pools, who shared on
The conversation developed after an on-chain analyst estimated that around 45,000 bitcoins, worth about $3 billion, left a Fidelity custodial wallet between May 28 and June 1, and suggested that Strategy had gradually sold the coins at an average near $66,000.
That wallet also contains Fidelity’s bitcoin and ether exchange-traded funds, so linking the exit to Strategy is an inference rather than a confirmed sale. Jiang, writing on Sunday (in Mandarin), called the speculation exaggerated.
关于【图1】的FUD，
我相信微策略不会大幅净卖出BTC,
原因见【图2~图4】的群讨论，
同时也讨论了微策略的负债、利息支付、资金等问题 : ） pic.twitter.com/5jQlrLT33N– 江卓尔_莱比特矿池 (@Jiangzhuoer2) June 7, 2026
His case rests on Strategy’s balance sheet. The company’s debt is equal to only about 5% of its assets, he said, and would rise to just 10% even if bitcoin fell to $30,000 from $62,900 today. He sees little reason for the company to break the image of never selling bitcoin that underpins its market history.
Jiang also defended the logic behind STRC, the preferred shares Strategy sells to raise cash, which pay an 11.5% annual dividend in monthly installments.
Selling its older, cheaper bitcoin allows Strategy to book an accounting profit that can fund those payments, he argued, while the money raised from STRC’s new sales buys new bitcoin.
As long as purchases exceed sales, Strategy will remain a net buyer. The most important point, he said, is that STRC holders’ main fear was that Strategy would refuse to sell bitcoin and stop paying the dividend, so indicating that it is willing to sell actually eliminates that concern.
Others in the discussion were less convinced, arguing that a prolonged bear market would increase Strategy’s interest bill and force greater bitcoin sales no matter what management intends.
Bitcoin traded near $63,400 on Monday, according to data from CoinDesk, down nearly 10% in the past week after Strategy reported its first bitcoin sale since 2022.
