Concerns about potential pressure on Strategy (MSTR)’s Bitcoin reserves are growing, sparking speculation of forced sales due to a recent stock value decline. Matt Hougan, Chief Investment Officer at Bitwise, dismisses these claims, stating that MSTR’s financial structure and Michael Saylor’s unwavering stance on Bitcoin make selling unlikely. He argues that such a move would disrupt the market significantly, impacting ETF inflows for years. While CEO Phong Le hinted at potential sales as a last resort if valuations fall below their bitcoin holdings, Hougan insists this statement was misinterpreted. 24.69% drop in MSTR’s stock value over the last month adds fuel to these rumors. However, Hougan points out that such index changes are often exaggerated and may not have the same impact as previously seen.