Bitcoin Giant Strategy Reduces Reserves: Companies Selling to Cover Debt and AI Expansion
With the sharp decline in Bitcoin prices, companies that adopted the corporate treasury model are selling massive amounts of Bitcoin (BTC) to pay off debts and pivot toward artificial intelligence.
Following the $126,000 peak seen in the cryptocurrency market in October 2025, the Bitcoin price has lost approximately 50 percent of its value. This sharp decline has fundamentally shaken the strategies of public companies that adopted the digital asset treasury model, triggering a massive wave of selling. Major firms that once raced to accumulate Bitcoin are now liquidating their holdings to stop the collapse of their stock prices and meet debt obligations.
A pioneer of this trend, Strategy, has downsized its net asset position by selling 3,620 Bitcoin (BTC) in recent weeks. While the company has received authorization for additional sales to strengthen its dollar reserves, its current total reserves stand at 840,000 Bitcoin (BTC). CEO Michael Saylor stated that they might sell a bit more for dividend payments to “vaccinate” the market, yet he maintains that this is not a large-scale exit plan.
Companies Selling Bitcoin Amidst Debt Squeeze
The selling wave was not limited to Strategy. Satsuma Technology decided to delist from the London Stock Exchange after liquidating its 668 Bitcoin holdings. Similarly, Smarter Web Company sold 178 Bitcoin (BTC) to close its debts, while Sequans Communications disposed of the majority of its remaining assets after a 1,025 BTC sale. Nakamoto sold 284 Bitcoin (BTC) for working capital, and the fact that 70 percent of its remaining 5,342 BTC reserve is pledged as collateral for a loan is causing concern in the market.
Mining giants Bitdeer and MARA Holdings have also joined this trend, selling Bitcoin (BTC) to pay off debt and redirect energy resources to artificial intelligence data centers. This shift in the industry indicates that corporate companies are focusing on operational sustainability and technological transformation rather than a pure crypto treasury model. Much like a bridge collapsing under a heavy load, over-leveraged treasury strategies are giving way to a more cautious approach in current market conditions.