Strategy has not indicated that it will sell Bitcoin, only for routine risk disclosure Today, a news about Strategy (formerly MicroStrategy) being forced to sell Bitcoin has attracted widespread attention on x. According to the 8-K form submitted by Strategy to the SEC on April 7th, if the price of Bitcoin continues to decline, the company may be forced to sell its Bitcoin holdings to repay debts, breaking Michael Saylor's promise to "never sell Bitcoin". After verification by TechFlow, this interpretation is misleading. The statement "may be forced to sell Bitcoin" mentioned by Strategy in the 8-K table is actually a standardized risk disclosure clause, rather than the company's actual intention or upcoming actions. This type of risk disclosure is extremely common in the financial reports of listed companies, especially for companies that hold large amounts of specific assets. In fact, this statement is not the first time it has appeared, but similar statements have been made in Strategy's financial reports for multiple quarters in the past. The same risk warning statement already exists in the declaration form for the first quarter of 2024. https://assets. (contentstack.io)/v3/assets/bltf8d808d9b8cebd37/blt353870cd110de3f2/6762ef03a88055253c479382/form-10-q_05-01-2024.pdf