Eric Balchunas, renowned ETF analyst at Bloomberg, expresses confidence that Michael Saylor, CEO of MicroStrategy and a prominent Bitcoin investor, will not liquidate his company’s Bitcoin holdings. This conviction stems from the ongoing positive inflows into Bitcoin ETFs, with $IBIT, the leading Bitcoin ETF, showing impressive performance year-to-date, gaining $2.4 billion in assets under management (AUM). Balchunas attributes this stability to Saylor’s unwavering commitment and his company’s significant investment in Bitcoin. Notably, Saylor has repeatedly stressed that MicroStrategy will never sell its Bitcoin holdings despite substantial paper profits during the recent market surge above $100,000. Balchunas highlights that Saylor himself has indicated that the company wouldn’t dare to sell their Bitcoin after experiencing such a massive gain.