Strategy co-founder Michael Saylor denies rumors of Bitcoin sales as shares drop. Company holds 437,431 BTC, sent 107,319 BTC to Fidelity Custody. Saylor confirms accelerated BTC purchases, holding nearly 3.1% of network. Stock falls 3.2% to $201.80, down 46% in three months. Strategy still trades at a premium mNAV of 1.18, above spot value of BTC treasury. Bitcoin price at $95,000, down 7%, total crypto market cap above $3.3 trillion. $1.3 billion in crypto longs liquidated, affecting Strategy as a major BTC holder and equity “Bitcoin proxy.”

Read more at Yahoo Finance: Michael Saylor denies dumping Bitcoin despite Strategy stock meltdown