Noticed a concerning signal—a portion of MicroStrategy’s $1.44 billion reserve fund appears to have been used.
Previously, the market generally believed this fund served as a safety net specifically for paying shareholder dividends. Remember the debate a few months ago about whether they would have to sell Bitcoin to maintain dividend payouts? It was the existence of this $1.44 billion that quelled the doubts back then, with everyone thinking there wouldn’t be a liquidity crisis for at least two years.
But now things have changed. If this money really has been spent, and if both the US stock market and BTC enter a downward cycle at the same time—hitting a certain threshold—they might have no choice but to start selling Bitcoin to fulfill their commitments to shareholders. The impact of this on market sentiment shouldn’t be underestimated.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
5
Repost
Share
Comment
0/400
BlockchainFoodie
· 2025-12-12 02:11
nah this is giving "fork-to-farm reversal" energy... like when your supply chain suddenly goes backwards and you're left holding overripe inventory. microstrategy's reserve fund burning through faster than a michelin kitchen under pressure, not great vibes tbh
Reply0
FloorPriceNightmare
· 2025-12-09 06:59
Damn, is that 1.44 billion really gone? This is getting out of hand.
If MicroStrategy actually starts dumping BTC, how tough is this market going to get for us?
That "two-year safety cushion" talk looks like a joke now.
US stocks are down, Bitcoin is down too; if they're forced to sell at a loss, who can handle it?
I've been saying these high-dividend schemes are risky, now it's been exposed.
Let's see how Saylor tries to spin this lie, haha.
Anyone still holding positions should be worried—this could be a major signal.
View OriginalReply0
PseudoIntellectual
· 2025-12-09 06:56
Hmm... 1.44 billion is gone? This is getting a bit hard to handle now.
I've seen this trick too many times: first they hype up a "safety cushion" to reassure everyone, then they spend it all, and when the time comes, dumping BTC becomes a "forced choice." I just want to see how MSTR is going to cover up this lie when the next market correction hits.
Wait, if they really start selling coins... that would be too ironic.
MicroStrategy's move this time is really absurd, are they playing a "smoke and mirrors" trick here?
Feels like the table is about to collapse, the bet is just way too big.
View OriginalReply0
LeekCutter
· 2025-12-09 06:46
Damn, is this the so-called "deposit crisis"? If MicroStrategy really uses that $1.44 billion, it seems like things will get tough for them later. Once a sell-off loop is triggered, it's game over.
View OriginalReply0
Blockblind
· 2025-12-09 06:41
Yikes, if that 14.4 billion really got moved, this gets serious
If MSTR really dumps the BTC they’re holding, this market’s going to shake
That “nothing will happen for two years” promise is about to be in doubt—this is getting interesting
Told you dividends alone wouldn’t prop it up for long—now we’ll finally see the real test
Noticed a concerning signal—a portion of MicroStrategy’s $1.44 billion reserve fund appears to have been used.
Previously, the market generally believed this fund served as a safety net specifically for paying shareholder dividends. Remember the debate a few months ago about whether they would have to sell Bitcoin to maintain dividend payouts? It was the existence of this $1.44 billion that quelled the doubts back then, with everyone thinking there wouldn’t be a liquidity crisis for at least two years.
But now things have changed. If this money really has been spent, and if both the US stock market and BTC enter a downward cycle at the same time—hitting a certain threshold—they might have no choice but to start selling Bitcoin to fulfill their commitments to shareholders. The impact of this on market sentiment shouldn’t be underestimated.