No more HODL: Strategy to sell Bitcoin?

Strategy might break its “never sell” vow, Bitcoin wobbles, Trump defies Wall Street, and Buffett cashes in — we break it all down.

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Cryptopolitan News
April 09, 2025 • Estimated Reading Time: 7 minutes

Hello, and welcome to the Cryptopolitan Daily.

The crypto market never sleeps, and neither do we. Whether it’s breaking news, market shifts, or regulatory updates, we’re here to bring you the insights that matter—fast, sharp, and to the point.

Market-moving headlines 🔥

According to reports, a man who was previously ordered to pay over $10 million to the US Securities and Exchange Commission has caught the public’s attention after he filed a last-minute request to intervene in the just-concluded Ripple case. 

BlackRock is not recommending crypto as a hedge right now, despite holding $48 billion in Bitcoin and $2 billion in ETH. They’re predicting a recession and still not pushing crypto. 

Russian citizens have sharply increased their investments in crypto assets and precious metals in the past three years, a study conducted by the Central Bank of Russia has shown.

Solana (SOL) is once again pressured by whale capitulation, as more large holders are moving their tokens to exchanges.

April 9 – Strategy, the biggest corporate holder of Bitcoin, has long stood by its “never sell” mantra. But its latest 8-K filing tells a different story—one that could shake confidence in crypto’s institutional backbone.

In the filing with the SEC, Strategy stated that if Bitcoin prices fall further and access to favorable equity or debt financing dries up, it may be forced to liquidate some of its holdings—possibly at a loss or under unfavorable terms.

Translation: if the market gets worse, Strategy might have no choice but to sell.

Let’s break it down.

Over the past week, Bitcoin’s price action has been anything but calm. Traders, hedge funds, and even crypto-native whales are repositioning rapidly—fearing a forced selloff from one of BTC’s biggest backers.

🔍 Track Strategy’s holding with @CPOfficialtx live on X

Strategy—has been the example for institutional conviction in Bitcoin. But now, with market conditions tightening and debt obligations looming, even Saylor’s fortress might be feeling the heat.

Since Trump’s 2024 victory, Strategy has gone all-in—acquiring 275,965 BTC at an average of $93,228, leveraging equity and convertible debt to feed its Bitcoin buying spree.

 Combined with earlier buys, that brings their total stash to nearly 530,000 BTC, bought at an average cost of $67,000, now valued around $42 billion.

But here’s the kicker:

The firm is now staring at a — $6 billion unrealized loss for Q1.

Sure, they’re booking a $1.69 billion income tax benefit, but the warning is loud and clear—if Bitcoin continues to dip and access to new financing dries up, Strategy may have no choice but to sell.

In their own words:

We may be required to sell Bitcoin to satisfy our financial obligations… at prices below our cost basis or that are otherwise unfavorable.

Strategy

At the end of March, Strategy was carrying $8B in debt. That’s on top of $35M/year in interest and $150M/year in dividends.

With BTC sliding, those numbers aren’t just stressful—they’re a potential trigger for liquidation.

Saylor still Bullish?

Despite the looming risks, he remains confident in his approach — optimistic on Bitcoin with a tweet that simply reads: “Bitcoin is Digital Gold”

The tension isn’t limited to Strategy  BTC— Washington and Wall Street are at odds too.

President Trump is going full steam ahead with a 50% tariff hike on Chinese imports starting tonight—bringing total trade penalties to a staggering 104%.

❝

Wall Street will not be allowed to run the economy

Karoline Leavitt, White House press secretary

How did the markets react to this announcement? Read the full scoop here.

📜 Regulation Watch

Laws are shifting, and the markets are listening.
Here are the top 3 headlines in the regulatory world you should keep an eye on this week:

Authorities in Moscow have imposed a 6-year crypto mining ban in parts of Irkutsk, long dubbed Russia’s “mining capital” due to its ultra-cheap electricity. What started as a seasonal restriction is now permanent—aimed at easing pressure on the region’s overburdened power grid.

Polish lawmakers and blockchain advocates are calling for a softer version of the EU’s MiCA rules—citing privacy concerns and skepticism over the digital euro. As Brussels ramps up its push for CBDCs, Poland may chart a more crypto-friendly course.

A Nigerian court has pushed Binance’s tax evasion hearing to April 30, citing procedural issues. Binance argues the case is invalid since it has no physical office in Nigeria—and that the court papers were improperly served. All eyes now on what this means for crypto oversight across Africa.

🧵 Thread of the day

While markets panic, Buffett builds.

👇 Here’s how the Oracle of Omaha made $11.5B during a $5T crash

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