MicroStrategy has refuted misleading claims of a $1 billion Bitcoin liquidation, with CEO Michael Saylor confirming continued BTC acquisitions. On-chain analyst Ted debunked the rumor, identifying the transactions as internal wallet transfers rather than exchange sales. MSTR stock is approaching its 200-week moving average near $138 amid Bitcoin's recent pullback.

Bitcoin has declined approximately 3% over the past year, underperforming U.S. long-duration Treasury bonds by roughly 6 percentage points, according to performance data. The cryptocurrency fell about 25% from mid-October highs near $126,000 to $94,000. Google search interest for Bitcoin has dropped to levels last seen during previous bear markets.