Bitcoin cannot be eliminated by Saylor’s strategy or any one entity: Alden

Saylor recently emphasized that he never said his company would not sell any Bitcoin if necessary.

Broken Money and The Stolguard Incident author Lyn Alden took to X to defend BTC amid the recent drama stemming from Strategy’s decision to sell a small portion of its cryptocurrency holdings for the first time in about four years.

Another popular name to defend the asset is Samson Mu, who believes companies like Strategy are free to buy because BTC is “purpose-built.”

It wasn’t meant to be

The business intelligence giant founded by Michael Saylor has turned into a massive buyer of Bitcoin, and has attracted significant backlash over the past two weeks for its decision to offload a small portion of its total Bitcoin holdings. sale 32 units. Contrary to what some critics thought at the time, this was not a surrender event. The sale was necessary to support distributions of preferred stock, including cash dividends across the Company’s stock series.

However, the cryptocurrency fell in the next week or so, going from over $75,000 (its price when the sale was made) to a 19-month low of $59,100. Although there is Multiple other factors Behind this decline, some pointed to a strategy decision, which may have caused some FUD.

This prompted some well-known names, like Jim Cramer, to come out publicly blame Saylor and strategy for their alleged role. The company’s former CEO was quick to respond, clarifying in a recent speech that he never said the strategy wouldn’t sell if it had to do so. And yet it is He remains a firm believer That individuals should not be sold.

Lynn Alden also did not support the narrative that the strategy could single-handedly “kill” Bitcoin as Cramer claimed. In fact, he noted that if cryptocurrency and the network behind it could be killed by a single entity that buys it, it “wasn’t meant to happen.”

“If all it takes to kill bitcoin is a bullish entity that likes it enough to buy, go home.” He confirmed.

Mow concourse

Samson Mu, CEO of January 3 and a long-term Bitcoin supporter, agreed with Alden’s statement. In a comment below the original post, he said that Bitcoin is not a proof-of-stake system; It allows corporations and nation-states to buy it, because ownership does not “confer control.”

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Moreover, he added, this is exactly what Bitcoin was designed for.

Bitcoin is not a proof of stake system. Businesses can buy. Nation-states can buy. Ownership does not confer control. Bitcoin was designed for this purpose.

-Samson Mao (@Excellion) June 11, 2026