Strategy has moved $5.7 billion worth of Bitcoin into new wallets, marking one of its largest internal transfers of the year. Blockchain data tracked by Lookonchain shows the business intelligence firm conducted the reshuffle as part of its ongoing custody optimization, not a liquidation event.
Notably, rumors circulated that Strategy and Michael Saylor were selling their Bitcoin holdings following the asset’s drop below $95,000 on Friday. However, on-chain analysis has squashed these rumors, revealing that it was part of a safekeeping-driven shift by the self-acclaimed “Bitcoin development company.”
Even Saylor confirmed they are not selling. In a tweet, he stated, “We are Buying,” attaching a clip to his recent CNBC interview. He said in the media appearance that Strategy is buying and would reveal their acquisitions for this week on Monday.
We are ₿uying.pic.twitter.com/6g11E9G6pO
— Michael Saylor (@saylor) November 14, 2025
Meanwhile, the company continues to strengthen its balance sheet with preferred stock instruments that attract risk-averse investors seeking indirect exposure to Bitcoin. Strategy now controls 641,692 BTC valued at more than $62 billion following recent acquisitions, keeping it positioned as the world’s largest public holder of Bitcoin.
Institutional Positioning Intensifies
Strategy’s aggressive expansion into Bitcoin has accelerated throughout 2025. Moreover, improved credit ratings and broader institutional participation have supported its push into structured Bitcoin-backed financing.
Furthermore, Strategy reported strong third-quarter metrics in October. It disclosed 640,808 BTC on its books as of October 26 and highlighted a 26.0% Bitcoin yield alongside $12.9 billion in Bitcoin-related gains year to date.
Despite the adjustments, Strategy’s aggressive accumulation remains clear. Following recent purchases, the firm now oversees roughly 641,692 BTC worth more than $62 billion. However, Arkham Intelligence released separate data showing that MicroStrategy’s Bitcoin stack had dropped from 484,000 to approximately 437,000 coins.
EVP Shao Wei-Ming Offloads More Shares
Elsewhere, Shao Wei-Ming, Strategy’s Executive Vice President and General Counsel, executed another round of scheduled stock sales on November 14. He sold 2,600 shares at $223.67 each, generating $581,535. The trade followed his Rule 10b5-1 plan, which was established for retirement planning purposes.
JUST IN: Strategy's Executive Vice President Shao Wei-Ming just sold 2,600 $MSTR shares at $223.67 for $581,535. pic.twitter.com/Xba5vs8i4g
— BitcoinTreasuries.NET (@BTCtreasuries) November 14, 2025
His latest sale occurred days after he sold 10,668 shares on November 10 and 11, generating approximately $2.58 million in proceeds at weighted prices ranging from $234.74 to $249.55. Furthermore, Shao has conducted several large transactions earlier in the year. He sold 52,500 shares in July for more than $21 million and disposed of 30,000 shares in October for about $10.7 million. Shao now directly holds 12,726 Class A shares along with multiple preferred stock series.
The CoinRemark Team
Evans Kelvin
